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

Modesto-California Hard Money Loans

Everything You Need to Know About Hard Money Loans in Modesto, California
Hard money loans may be a good option for those who need money fast to purchase real estate. It is a loan for real estate investors that is primarily based off the value of the collateral. Hard money loans do not focus on your ability to repay like banks and other financial institutions.

Hard Money Loan Options
If you are considering a hard money loan, there are many different options that include:

Fix-and-flip Loan
A fix-and-flip loan is for investors who want to buy a property, make quick renovations, and then sell the property to pay off the balance of the loan.

Bridge Loan
A bridge loan is for investors who want to buy a property quickly with the intention of refinancing or reselling the property. There are times when investors can take out a hard money bridge loan to purchase a property before they can get funds from the sale of another property.

Owner-occupied Loan
These hard money loans are for individuals who were not able to quality for other finance options. An owner-occupied loan gives an individual the opportunity to purchase real estate for themselves.

Construction Loan
A construction loan is for real estate developers who want to start a new construction project. Typically, these investors have a goal to refinance or sell the property quickly.

Because hard money lenders are private firms, they are able to consider a hard money loan on a case-by-case basis, and many lenders are open to issuing hard money loans for a variety of investment purposes.

How Hard Money Loans in Modesto, California, Work
Hard money loans aren’t offered to everyone. Many lenders will not issue hard money loans for non-investment purposes. While some lenders may consider making hard money loans to consumers who want to use it for their private homes, it comes with a number of additional regulations.

Hard money loans are issued over a short time, which is typically less than two years. Most hard money loans have a 12-month term. With a hard money loan in Modesto, California, a borrower will not make equal monthly payments toward the interest and principle. Instead, the borrower will is only responsible for interest-only payments.

What are the Perks of Hard Money Loans?
Real estate investors can take advantage of many perks that hard money loans have to offer. Hard money loans allow investors to get funds quickly so that they have the ability to receive funding in less than a week under certain circumstances. By having access to funds quickly, investors can snag a good real estate investment instead of missing out, which may occur if they go to a bank or other financial institution.

Hard money lenders also offer lenient requirements when compared to banks. Traditional mortgages have strict eligibility requirements that include good credit scores, low debt-to-income ratio, and source of income. While hard money lenders may check credit scores and income, which they are required to do by law, the main factor that determines eligibility is the collateral that is used.

What are the Eligibility Requirements for a Hard Money Loan?
Because the property that is used as collateral is the primary component of a hard money loan, the lender will typically want to have the property appraised. In addition, most hard money lenders will require a down payment. The down payment is usually calculated based on the current value of the property or the after-repair value (ARV).

Would you like to find out more about hard money loans in Modesto, California? We welcome you to contact us at Delancey Street. Our team can provide you with further details about our hard money loan options.

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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