Glendale-California

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

Glendale-California

Glendale, California has 34 neighborhoods delineated by washes, streets and mountain ridges. Each neighborhood has rich character and history. In fact, there’s no other city like Glendale in the Los Angeles County. Whether you want to invest in property or buy a home in Glendale, you should be able to do that. However, some banks and credit unions have their own idea of who should own property in Glendale. That’s why banks and credit unions often base their loan approvals on borrowers’ debts, income and credit scores. The way banks and credit unions make loan approvals may leave you locked out of the real estate market. Of course, that’s until now.

Borrowers can Apply for a Glendale Hard Money Loan

A hard money loan is not a one-size-fits-all, standard real estate loan. Instead, it is a private loan from a lending company or private investor. A hard money loan is a short-term loan that gives borrowers a way to purchase real estate immediately. The loan is based on the value of the property.

It’s important to mention that a hard money loan is only for real estate. While banks and credit lenders look at a borrower’s debt, income and credit score to determine loan approvals, hard money lenders focus on the property itself. Yes, they do look at credit scores, debts and income. However, the property is put up for collateral. That’s why the property’s more important than the borrower’s ability to pay regarding loan approval.

The type of hard money loan available depends on the goals and needs of the borrower. For example, a bridge hard money loan is intended for a person who has the goal of refinancing or selling a property quickly. A fix-and-flip hard money loan is for a borrower who purchases a distressed property. Their goal is typically to fix the property, then flip it for a property. Thus, the purpose of the loan is to pay it off with the proceeds on the sale. Some borrowers can’t get financing from a bank or credit union. However, they want to purchase a Glendale home to live in it. They would pursue an owner-occupied hard loan.

The terms of a hard money loan include making monthly payments on the loan for a specific amount of time. The most common hard money loan is 12 months. However, these loans are typically for two to five years. The last payment is a balloon payment, which requires the entire balanced to be paid.

Down Payment Needed to Secure a Glendale Hard Money Loan

Borrowers are required to have cash on hand to secure the hard money loan. The amount varies according to the amount of the loan. However, it requires a 20 percent of the property’s value to secure the loan.
Benefits of Getting Hard Money Loan

Hard money loans have some disadvantages like high interest rates and other fees. However, they have advantages such as:

• Getting money fast.
• Fast approval.
• Money for a real estate opportunity when Glendale banks and credit unions won’t lend
• Flexible loan terms
• Ability to invest in Glendale real estate faster

Seize the Opportunity of Owning Real Estate in Glendale with a Hard Money Loan

You may have good credit, low debts and high income. However, you need money fast. You may have a poor credit score, high debts, income and a down payment. Whatever the situation, we have your hard money loan. Our money loans have a quick decision and funding within less than a week. Seize the opportunity to own or invest in Glendale real estate with a hard money loan. Contact us today.

Hard Money Loans

Need funding for your next project?

Complete Our Application