Everett-Washington 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

Everett-Washington Hard Money Loans

Finding financing is not a guarantee, regardless of what your financial situation may be. If you need to purchase a property or find funding for other real estate ventures, you’ll likely find a hard money loan to be beneficial.

Will I Qualify for a Hard Money Loan?

The great thing about hard money loans is that most investors tend to qualify for them. Unlike other options for financing, hard money loans are unique in that they have simple requirements that most borrowers are able to meet.

Wondering if you will qualify for hard money loans? Consider the following requirements:

  • You have property for collateral.

    If you’ve recently purchased property, you can use this for collateral when applying for a hard money loan. The lender will base the amount of the loan on what your property is now worth. In order to get the most accurate loan, you’ll need to have the property appraised by professionals.

  • You can pay the down payment.

    Depending on the appraisal of your property, a lender may ask for a down payment based on the ARV or LTV. The ARV or after-repair value and the LTV or loan-to value will be determined by the appraisal.

  • You have a payment plan already.

    While there isn’t a set payment plan that the lender will ask you about, most hard money lenders in Everett, Washington like to make sure that the borrower has already thought about how they intend to pay off the loan. As the balloon payment is typically the standard that most lenders accept for the repayment of the loan, investors must be prepared to pay the loan back all at once, along with any additional fees and the accrued interest.

    Most investors either sell the property, refinance their loan, or extend the loan. Either way, if you already know how you will repay the loan, you are exactly the type of borrower a hard money lender is looking for.

  • Your finances aren’t perfect.

    Don’t have a great credit score? While a high credit score is often a requirement for mortgages and other financing solutions, it isn’t something that will prevent you from qualifying for a hard money loan. While a lender may be interested in reviewing your finances, most lenders focus primarily on the type of collateral that you have.

    If an investor is able to provide adequate collateral in the form of a property and have enough to pay the down payment, most lenders will approve the hard loan.

What Situations Require Hard Money Loans?

If you qualify for a hard money loan, you may wonder what situation is ideal for using hard money loans. If you find that the following is true, a hard money loan may come in handy:

  • You need funding but can’t qualify for other loans.

    Funding for real estate investments is rarely ever guaranteed. Trying to qualify for a loan is often a complicated process. Many investors waste their time applying only to find out that they don’t meet the requirements for traditional loans. With hard money loans, most investors are able to meet the minimal requirements and then can access their cash quite quickly.

  • You have no credit.

    Is your credit bad or nonexistent? Either situation won’t disqualify you from obtaining a hard money loan. Lenders often review your finances just to get an idea of your situation, but rarely will they base their decision on whether or not you currently have the ability to pay the loan back.

In your search for financial support, don’t count hard money loans out. Many real estate investors find that hard money loans are the reason they are able to achieve their investing dreams.

Hard Money Loans

Need funding for your next project?

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