Hard Money Loans Humboldt County

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.

Jason

Founding Partner (Cut and Stitch)
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

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.

Hard Money Loans

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