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

Hard Money Loans Humboldt County

Humboldt County Hard Money Loans

Many real estate investors find out about hard money after getting rejected by traditional lenders. Other people receive a helpful suggestion to consider hard money as a financing option. Regardless of how you realize that hard money may be right for you, you may still have major questions about what hard money is and how it may work for you. Many real estate investors credit hard money as the core reason for their success. Getting quick access to cash, through hard money loans, enables them to rapidly purchase properties.
What You Need to Know About Hard Money
The most important thing to know about hard money is that these loans are not like traditional loans. In fact, the main thing they share in common is that they are both secured by real estate. Other than that, the source of funds, the loan terms and the underwriting guidelines are considerably different. Hard money loans are sourced privately, rather than through a financial institution. This means that underwriting requirements for hard money loans are less and more lenient. It also means that hard money loans close faster than bank loans in most cases. As great as hard money loans may sound,the loan terms make them suitable for only specific types of scenarios. Typical loan terms include a high interest rate, a very short loan term, and a balloon payment.
A Closer Look at Humboldt County Hard Money Lenders
As mentioned, hard money loans are privately sourced. In most cases, a private lender uses its own money to extend a loan to you. Unlike a bank that usually sells its loans off to a third party after closing, a hard money lender usually retains the loan and generates a profit off of the loan’s interest. Because hard money lenders are using their own funds and are usually servicing the loans on their own, they essentially answer to no one when determining if a loan request should be approved. You may have a low credit rating, a property that is in poor condition and needs to be renovated, or some other issue which makes you a poor candidate for a traditional loan. Private money lenders have the flexibility to look at the strengths as well as the weaknesses of an applicant before deciding if they will approve your loan request. Hard money lenders care about one thing: whether your project will succeed or not. They look at the amount you want to borrow relative to the value of the property. Moreover, they look at what you plan on doing with the property and how you’ll repay the loan.
Possible Humboldt County Hard Money Loan Scenarios
You may be surprised to learn that hard money loans have a term length between six to 18 months in most cases. Some lenders will offer a slightly longer term or the possibility of an extension, but this is offered on a case-by-case basis when the details of the loan warrant it. With a short loan term and a balloon payment, you can see that a short-term hold situation is ideal for hard money loans. Hard money loans are great for  renovation projects, a fix and flip, refinancing a property, or other similar situations. Another possible scenario for hard money loans is a quick closing situation. Hard money loans may close within 1-2 weeks or less, and this means they are great when you want to rapidly purchase a property.

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

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
WHAT ARE Asset-Based Loans?

What is an asset based loan? An asset-based business line…

101 Things you need to know before you apply for an SBA loan

101 Things you need to know before you apply for…

ESOP

ESOP – employee stock ownership plan, is a qualified employee…

Financing Small Businesses: How It Helps The Entire Community

Small business financing is a great thing, but many people…

Here’s Every Document You’ll Need to take a Small Business Loan

Documentation and paperwork is the single largest obstacle to most…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now