Eugene-Oregon Hard Money Loans

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

1

High LTV

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

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

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

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

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

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

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

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

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Eugene-Oregon Hard Money Loans

Hard money loans are types of funding for people who don’t want to get a conventional mortgage or don’t qualify for a mortgage. A borrower that wants a hard money loan is usually looking for a way to fund a project quickly. There are several types of projects that qualify for hard money loans.

What is a Hard Money Loan?

A hard money loan is funding for real estate. Most hard money loans have short terms and higher interest rates than traditional loans. They are good options for borrowers that need to fund a project or buy a home quickly and can pay off the lender soon.

Different Types of Hard Money Loans:

  • Fix and Flip

    This loan is for real estate investors that buy a home, renovate it, then sell the property and pay off the loan.

  • Bridge Loan

    These loans are for borrowers that need to buy real estate fast and have the intention of reselling or refinancing the property.

  • Owner-occupied Loan

    This type of hard money loan must follow certain rules and regulations. They usually only last for three to four years, then the lender needs to have long-term financing.

  • Construction

    A construction loan is for a construction project that an investor wants to start quickly. The intention of the investor is usually to refinance or sell as soon as the construction is complete.

  • Other Types of Hard Money Loans

    Private lenders fund different projects that aren’t on this list. Lenders must follow rules and regulations with the real estate funds they lend to borrowers.

The Benefits of a Hard Money Loan

  • Some hard money loans offer interest only payments.
  • Short-term.
  • Easily qualify.
  • Quickly qualify.
  • Faster application process.

When to Consider a Hard Money Loan?

If a borrower has a low credit score. Self-employed borrowers are also fond of the ability to get a hard money loan versus a conventional loan. When a borrower needs money fast, a hard money loan is usually the easiest way to get funded.

How to Qualify?

Qualifications depend on the lender. It is easier to qualify for this type of funding with a down payment and good collateral. It is necessary to have a business plan and appraisals for many types of hard money loans.

Asking a potential lender enough questions is important for the borrower to feel comfortable with the loan, the payments, and their experience. A potential lender needs to provide their real estate broker license ID when asked, so a borrower can make sure they have the qualifications to lend money. If a borrower doesn’t feel comfortable with a lender, they should look for a new lender. Most real estate projects come with stress, so it is important to feel comfortable with the lender and the terms of the loan.

If a borrower decides against a hard money loan, there are other types of funding. Some alternate funding sources include FHA, VA, Equity loans, lines of credit and bridge loans and conventional mortgages.

Not all borrowers qualify for a hard money loan. Lenders may not agree that the real estate project has potential, or the borrower may not have enough of a down payment. This type of loan has a shorter term and higher interest rates, so a borrower may decide that this isn’t a choice for a real estate project.

If a borrower is not able to pay the lender at the end of the project, talking with the lender may buy some added time to pay the loan off. A lender has the right to foreclose when a borrower can’t pay.

Hard Money Loans

Need funding for your next project?

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