Fast Hard Money Loans For Experienced Investors

Delancey Street provides hard money loans nationwide to investors who have a verifiable track record. We fund up to 70-80% LTV, and focus on residential projects such as: buy and hold, fix and flips, and commercial real estate acquisitions. The biggest factor we look at is the experience of the investor and the LTV of the project they're requesting assistance with.

80% LTV

We fund loans up to 80%
LTV with no issues.
We DO NOT do 100% financing.

Fast

We promise to treat you
like a partner.
We don't like wasting time

No $ Limit

No limits on what we can
do for you.
We max out at 80% ARV.

70-80% LTV For Seasoned Developers Nationwide

Fix and Flip, Cash-out Refinance, and Acquisition Loans
For Experienced Real Estate Developers.

We Fund Real Estate Projects Nationwide

We fund projects nationwide, ranging from fix and flips, to commercial acquisitions. Bottom line, we can help - regardless of the size, or difficulty of the project. We do not do 100% financing - and prefer working with experienced real estate investors.

Recently Funded Projects

Hard Money

Financing for fix and flips, commercial estate, and acquisitions / refinancing
Financing up to 70% of the After Repair Value
We charge 9-10% on average, with no junk fees

El Paso Hard Money Loans

You might know people who have invested in real estate and done really well from it. You may have seen some of the shows on TV where people purchase fixer-uppers, put in some hard work to get them in good condition and then sell them for much more than they paid for them. After hearing so much about real estate investing and how beneficial it can be for the people who do it, you might have decided that it’s something that you’re interested in doing yourself. Of course, there are certain tools that you might need to help you get started. For example, hard money loans can be very helpful for those who are interested in making an income from investing in real estate. After learning a little more about hard money loans, you will probably see that they can be very helpful with starting a real estate investment business.

Are Hard Money Loans Anything Like Mortgage Loans?

When you think about buying a piece of property, you might think about using a traditional mortgage to do it. This often is not an option for real estate investors for reasons that you will learn more about below.
Since hard money loans are also used to purchase real estate, they are similar to mortgages in a few ways. For example, the piece of property that you purchase will generally be used as collateral to back the hard money loan that you take out. This is very similar to how things work with a traditional mortgage.
Of course, there are a lot of differences between the two types of loans as well. You will learn a little more about these differences below. Once you learn a little more about how hard money loans are different, you might begin to understand why they are often a much better choice for those who are interested in investing in real estate.

What Are the Key Differences Between Hard Money Loans and Mortgages?

As mentioned above, there are a couple of similarities between mortgage loans and hard money loans. Beyond those couple of things, though, the two types of loans couldn’t really be any different.
For one thing, even though mortgages are generally backed by big banks, the opposite is true with hard money loans. When you take out a hard money loan, you will generally be borrowing from a smaller company or even just a single private investor.
Another thing to note is that you can often get approved for a hard money loan and can get the funds to purchase the property that you want a whole lot faster. Buying a home and having to wait to get approved for a loan can be a big hassle. It can be even more of a hassle if you’re an investor who needs to have a quick turnaround time and who needs to be able to act quickly when good deals are available. Instead of having to potentially wait for a couple of months to get approved for a hard money loan — which is more common in the mortgage business than many people realize — you can typically get approved within just a matter of days.
Lastly, you have to realize that it is generally much easier for people to get approved for hard money loans than it is for them to get approved for mortgages. If you don’t have perfect credit, getting a mortgage loan might be hard. If the home that you’re hoping to purchase will not pass a general home inspection, which is a very common problem that investors face when buying fixer-upper homes, then it might not be qualified for a mortgage. Hard money lenders help eliminate all of these hurdles to make investing in real estate a whole lot easier for the average person, even if that person does not have the capital himself or herself to purchase the property in cash.
El Paso real estate investors can benefit greatly from El Paso hard money loans. If you have your eye on a certain property or if you would just like to be prepared to purchase an investment property when you find one, consider exploring hard money loans for the reasons listed above.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
WHAT ARE Asset-Based Loans?

What is an asset based loan? An asset-based business line…

101 Things you need to know before you apply for an SBA loan

101 Things you need to know before you apply for…

ESOP

ESOP – employee stock ownership plan, is a qualified employee…

Financing Small Businesses: How It Helps The Entire Community

Small business financing is a great thing, but many people…

Here’s Every Document You’ll Need to take a Small Business Loan

Documentation and paperwork is the single largest obstacle to most…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now