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.


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

New Haven-Connecticut Hard Money Loans

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If you’re a real estate investor in New Haven, Connecticut, you may be eligible to qualify for a new financing option. Hard money loans are now available to help secure your next real estate purchase. These loans offer fast funding, flexible terms, and easy approval. All you need is to have your property selected and we’ll work hard to get your loan approved. This article will briefly touch upon the mechanics of a hard money loan to determine if this is the right solution for you.

What is a Hard Money Loan?

A hard money loans works to provide temporary real estate financing for your next project. The loans are typically one to five years; however, they’re not intended to be permanent financing. For those who rehab and resell homes, this is an attractive option. The loan is primarily based upon the collateral rather than the individual borrower.

The most common type of hard money loan is for the purposes of rehabilitating a home and selling it for a profit. This option provides you with fast funding. This is critical in when trying to secure a property.

Another common type of hard money loan is called a bridge loan. This provides a temporary mortgage without needing to provide a large down payment or jumping through the hoops to obtain conventional financing.

Qualifying for a Hard Money Loan in New Haven, Connecticut:

Qualifying for a hard money loan is easy. The single most important factor is selecting a property that’s able to be fixed and sold in a reasonable amount of time. It’s best to have a recent appraisal or information regarding recent home sales in the area.

Hard money loans are attractive for those who may have experienced credit problems in the past. These loans also don’t require a significant amount of liquid assets or large down payments. This is attractive to investors that may have multiple projects going on at once or are currently in the process of selling other homes.

Obtaining a home inspection is also a great idea when applying for a hard money loan. Home inspections go a step further and provide a third-party opinion on the type of work that must be completed to finish the project. Avoiding unpleasant surprises and unexpected expenses is a huge benefit in the process.

A Hard Money Loan is Alternative Financing:

While hard money loans are great for most investors, they might not be practical in every scenario. Since the loans are not subjected to standard governmental underwriting guidelines, the interest rates are typically higher. Interest only loans and balloon payments are common with hard money loans. It’s important that you research your options and determine if a hard money loan is the right solution for your real estate financing needs. The loan term is typically one to five years, so you must be prepared to resell the home within that period. Hard money loans are typically not recommended for those who wish to use the property as a primary residence.

Applying for a Hard Money Loan in New Haven, Connecticut:

Getting approved for a hard money loan is probably one of the easiest processes in real estate financing. The minimum requirement is that you have a property selected, have researched the area, and have determined a realistic resale value. We provide a helpful online application to begin the process. If you prefer, we’re also available by telephone to guide you through the process. Since these loans are approved within days, it’s important that you stay in touch during processing and provide all the required documentation.

Our company has helped many investors secure financing for their next project New Haven, Connecticut. Our professional, dedicated, and courteous staff will be happy to assist you in your project as well. Get in touch with us to discuss all your real estate financing needs, today!

Understanding Hard Money Loans 

When a loan from a traditional mortgage lender doesn’t work for you, a hard money loan is another option. While it would be nice if there was always a traditional loan that fit everyone’s needs, that isn’t the case. In fact, there are times when a lot of income and a high credit score just won’t suffice. If you’re considering a hard money loan, you’ll want to understand what’s involved, so let’s go over some of the details.

About Hard Money Loans

As an asset-based real estate loan, hard money loans consider the value of your property, as opposed to your ability to pay. Not that your financial standing is insignificant, it just isn’t necessarily the determining factor. In fact, hard money lenders are private individuals and organizations that consider the merits of each loan as opposed to following a checklist of requirements. This is partially why there’s a greater chance of being approved.

Fix-and-flip, bridge, construction and owner-occupied are examples of hard money loans. A fix-and-flip loan is for buying and fixing a rehab property to resell, and then pay off the loan. A bridge loan can work if you want to buy a property now and then refinance or resell it as soon as possible. You can also use a bridge loan to buy a property prior to getting the cash for a down payment from selling a property that you presently own. A construction loan will let a real estate developer get started on a new construction project that they intend to refinance or sell immediately.

While the previously mentioned loans are for real estate investment purposes, there are a handful of hard money lenders that offer owner-occupied consumer loans. However, a large percentage of them won’t get involved with consumer loans because of the additional regulations involved, such as Dodd-Frank. There would also be certain licensing requirements.

A Closer Look at Hard Money Loans

One of the reasons real estate investors find hard money loans appealing is because the application process is easy and the response time can be less than a week, in some cases. Generally speaking, borrowers must have a cash down payment that’s based on the Loan-To-Value (LTV) ratio or the After-Repair-Value (ARV) ratio.

Hard money loans are notoriously short term, typically from 12 months to several years. Since the interest rates tend to be high, you wouldn’t want a long-term hard money loan. Monthly payments for hard money loans are often interest only instead of principal and interest. There might even be an option to have zero payments until the end of the term when you make the balloon payment. The balloon payment will include bringing the loan to a zero balance by paying the principal, remaining interest and all fees.

How Hard Money Loans Are Different

There are few similarities between hard money loans and traditional bank loans. Hard money loans have high interest rates, which means you’ll pay more in interest charges than you would for a traditional mortgage. Sometimes there are a lot of fees, such as origination and underwriting charges, among others. As previously mentioned, the loan period is very short, typically not more than a few years. There’s also a possibility that you could have a hard time with refinancing because of traditional mortgage lending requirements. Another area that might be concerning to some is that there is little government oversight of hard money loans.

Despite the cost of hard money loans, there are advantages that sometimes mitigate concerns. Hard money loans provide you with fast money, the requirements are relaxed and the terms are flexible. These are all benefits that can enable you to access real estate investments when there is no other option


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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.

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