Hard Money Loans Corpus Christi

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

High LTV

We fund loans up to 80-90% LTV with no issues.

Fast

We promise to treat you like a partner.

No $ Limit

No limits on what we can do for you.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

Raised
$830,000
APR
8.99 %
ARV
75%
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

Raised
$1,200,000
APR
11 %
ARV
82%
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

Raised
700,000
APR
9.0 %
ARV
60%
100% Funded!

Hear from people we’ve helped

“Delancey Street makes lending easy. They took a chance on me when no one else would.”

- Leo kovacz

Industries We Service

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

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questions. Contact us anytime:

Investing in real estate is an excellent way for people to improve their financial position. However, one of the most common obstacles for investors is securing financing to make a purchase. Hard money loans are a common approach for people who do not have a strong credit history. These loans generally have a much higher rate of interest than typical loans. However, it is much more convenient for investors to receive this capital than going through a bank.

Real Estate Overview in Denver

Denver has one of the hottest real estate markets in the United States. Over the past decade, real estate prices in Denver have increased quickly. The city has a ton of investment opportunities for people who are willing to work hard and take financial risks.

The local banking industry is not conducive to real estate investors. Most banks require a substantial down payment before lending money for an investment loan. One of the most common uses for a hard money loan is to make a down payment on a home. The vast majority of real estate investors use loans to purchase investment properties. Before buying a property, real estate investors should research the local area carefully. Some investors wrongly believe that making money with real estate is easy. However, there are multiple examples of investors going bankrupt in Denver due to bad business deals.

Choosing a Lender

Before utilizing financing, a person should analyze all of their lending options. Some people wrongly believe that all lenders are the same. However, there is a drastic difference in customer service between banks. When working with a hard money lender, it is preferable to work with someone who has a track record in the industry. Some people become hard money lenders as a way to make additional income, and many of these lenders do not care about customers. People without experience in the lending industry may have unrealistic expectations about the payback period on a loan.

Duration

Hard money loans should be paid back quickly. Purchasing a home with a hard money loan is rare. Instead, most people use these financial instruments to make a down payment or to make a repair on a property. A shorter loan duration generally correlates with less risk for the lender. In most cases, investors should pay down the hard money loan as fast as possible to reduce interest expenses.

Interest Rates

For years after the last recession, interest rates were at historic lows. Although interest rates have slightly increased since that time, rates are still much lower than the historical average. As a result, it still makes sense to use traditional financing methods to invest in real estate. An investor with average credit can receive an investment loan with an interest rate of five or six percent.

Hard money loans have much higher rates of interest. It is not uncommon to see hard money loans with a 12 percent interest rate. There are various reasons for the higher interest rates. In most cases, these loans are not from certified financial institutions. The lenders are taking on a lot of financial risk by lending the money.

Other Considerations

Although real estate investing can be profitable, investors should conduct careful research before making any decisions. The Denver real estate market is competitive, and some people may overpay for a property. It is much better for an investor to wait for the right property than to quickly purchase the first property available. Investors should also have a property management team ready to help with the tenant placement and management process. Hard money loans are an excellent way to get started with this process.

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