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

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.

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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