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

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.

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

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Delancey Street understands funding like no one else!
Steven Norris
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