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

Macon-Bibb County-Georgia

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Is a Hard Money Loan Right for You?

When a traditional loan does not seem to be an option a hard money loan may come up as an alternative. Hard money loans are made based on the value of the home buyers property rather than their ability to repay. This type of loan is not ideal for everyone, but can be a useful financing tool in certain situations.

How they work:

Hard money loans are based on collateral. This means that if the borrower defaults, the lender is able to get their money back by selling the collateral. Unlike traditional loans where the individual’s financial position is most important, the value of the collateral takes precedence in these situations. Hard money loans are typically offered for short periods of time (around 12 months). Rather than making equal payments every month, they allow individuals to make only interest payments. Along with these short lengths, benefits of hard money loans include quick financing and a short and simple application process. Because of this they are often attractive options for real estate investors.

How they differ from traditional bank loans:

Hard money loans are vastly different from traditional bank loans. As mentioned earlier, one of the biggest differences is that they are based on collateral rather than an individuals ability to pay the lender back. They also have much higher interest rates and shorter repayment periods than traditional bank loans. The approval and application process is often more simple and quicker than that of a traditional bank loan.

What are Typical Interest Rates?:

Many individuals avoid hard money loans because of the high interest rates they charge. It is not uncommon for interest rates on a hard money loan to range from 10-15% (https://retipster.com/hard-money-101-everything-need-know-getting-started-hard-money-loans/). While the rates are high, the benefit is that they are charged for a short period of time. Along with interest rates, there are also fees to consider with a hard money loan. These may include loan origination fees, underwriting fees, prepayment penalty fees and others. Be sure to ask the right questions and shop around between lenders when considering these fees.

Types of Hard Money Loans:

There are many types of hard money loans that are used for different purposes. Some popular options include:

Owner-occupied loan: This type of loan is often an option for homeowners who are purchasing a new home that they plan to live in rather than use it as an investment property (https://firstbridgelending.com/first-bridge-owner-occupied-loans/).

Bridge Loan: This type of loan is often used until an individual gets permanent financing or removes a current obligation (https://www.investopedia.com/terms/b/bridgeloan.asp).

Construction Loan: Construction loans are used to finance the building of a home. They cover the costs of building the home before long-term financing is obtained (https://www.investopedia.com/terms/c/construction-loan.asp).

Fix-and-flip loan: This type of loan is often used to purchase and renovate property that the buyer intends to renovate and resell (https://fitsmallbusiness.com/fix-and-flip-loans/).

Is a Hard Money Loan Right for You?

Hard money loans are certainly not for everyone, but can often be useful financing tools for real estate investors. They are quicker and often easier to obtain than traditional loans, which often makes them a good fit for individuals who either have a poor credit score, or need money quickly.

Before deciding to take out a hard money loan, it is important to do your research. Come up with a plan on how you will pay off the loan and be prepared to share that with your lender. To find a hard money lender who is right for you, research lenders in your area who lend money based on collateral. Real estate investor groups are a great source for this information.

Being a business owner can be exciting and rewarding. Whether you are just starting out and want to build office space or you need to expand or renovate your existing space, it’s going to require capital. Commercial loans can give you the money that you need to get your business in Georgia to the next level.

At Delancey Street, we offer creative financing to ensure that you’re able to move forward with your construction or renovation project.

Getting the Financial Help You Need

When it comes to building or renovating, you have to think about how much it’s going to cost. It won’t matter whether you’re in Atlanta, Augusta, or anywhere else in Georgia. However, there are Georgia new construction loans that can be obtained. This way, you have the thousands of dollars that you need to move forward.

There are a lot of expenses to deal with. Lenders can provide you with the money to cover land development, labor, materials, and more. It will make it easier for you to get started when you don’t have all of the money upfront.

It’s important to understand the different commercial loans that you can obtain.

New Construction Loans vs. Commercial Mortgage Loans


Georgia new construction loans can be the better option when you look at what lenders can offer. This is in comparison to commercial mortgage loans.

Commercial mortgages typically provide you with all of the money as a lump sum up front. You will, then, have 10 years, on average, to pay for it. If you have good credit and meet all of the lender requirements, you can get approved. However, commercial mortgages typically aren’t available for renovating and upgrading, only new construction.

New construction loans in Georgia provide you with more flexibility. You get the money in installments based on the next step in the construction process. For example, you draw the first amount when the land is developed. Then, you draw the next amount when you need the foundation poured.

You only pay interest on what you have actually borrowed at the moment, not the full amount. The benefit to this is that you’re not paying interest on property that isn’t complete.

Once the project is done, you have a choice. You can choose to pay the loan off in full, or you can choose to use the property as collateral and finance the loan.

The Loan Application Process

It’s important to understand the loan application process in terms of how you can get approved as well as what it will cost to get the loan.

Lenders may request a lot of information from you to get approved.

  • Credit score
  • Debit obligations
  • Income statements
  • Construction plans

New construction loans in Georgia will require a few different fees. This can include guarantee, processing, documentation, project review, and fund control fees. The cost of these fees will vary from lender to lender.

You will also want to look at a down payment. Most lenders won’t fund the full 100% of the project because it is considered a high-risk loan. The amount requested can vary from 10 to 30%.

Finally, you have to look at the interest rate. This has to be a consideration because of the time it will take to complete the project and how much it will increase your construction project in the end.

Ultimately, getting Georgia new construction loans can help you to get started on making your business bigger and better. At Delancey Street, we look forward to helping you every step of the way.

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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"
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$125,000 Small Business Loan
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"Great choice for first time fix and flippers"
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$250,000 Hard money Loan

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