Oceanside-California

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.

Leo kovacz

Founding Partner (Zooomr Car Leasing)
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

Oceanside-California

Hard money loans are an excellent real estate investment tool. These loans are provided by individuals and organizations to investors looking for short-term real estate financing. They’re extremely popular with people who want to get into booming real estate markets as well as those looking to simply build an investment portfolio. It allows them away to secure financing without having to go through traditional banks, which don’t usually lend money for short-term real estate investment schemes..

If you’ve gotten to the point where you know that you’re definitely going to go for a hard money loan and you’re ready to speak to a lender, there are some questions that you should ask so that you have all the answers you need to make a fiscally responsible decision.

What exactly is a hard money loan?

A hard money loan is a short-term real estate investment loan that allows investors to quickly borrow money and finance investment properties that they’ll buy and sell for profit. These loans are for short periods of time, usually lasting anywhere from six months to three years. After the loan period is up, the idea is that the borrower will sell the property and repay the loan.

Questions to Ask Your Hard Money Lender

Do you lend money to people looking to by owner-occupied properties?

This question would be for people who are hoping to use a hard money loan to purchase an owner-occupied residence that they will be living in themselves. Hard money lenders usually don’t like to be involved with lending to individuals. The issue here is that if they do, they’ll have to follow tighter government rules and apply stricter lending criteria in order to get the borrowers approved.

This is as a result of the Dodd Frank Act that was put into effect in 2010 to make sure that banks applied strict lending criteria to consumer borrowers to ensure that they were financially qualified to handle the loans that were extended to them. Hard money lenders don’t like to work with these types of loans because they requires extra paperwork, rules and oversight.

How do you expect the loan to be repaid?

Some hard money lenders don’t expect any month-to-month payments from their borrowers during the length of the loan. Some lenders require that borrowers make interest-only payments during that period. All lenders require that the full amount due is paid at the end of the loan term via one large balloon payment that will ostensibly be funded via the sale of the property. Find out exactly how the lender that you’re interested in has its borrowers pay back their loans.

What experience do you have with hard money loans?

This is a very important question to ask, especially if you are a newbie when it comes to hard money loans. You want to make sure that the hard money lender that you choose has a lot of experience with the type of property that you’re buying so that they can guide you through the process and alert you to any pitfalls that you may not be aware of. You also want to choose a lender based on their specialty. This means that if you’re going for a land hard money loan, you’re going to want a lender that has experience working with land hard money loans.

What are the fees and what is the interest rate on the loan?

The principal of the loan is the bulk of the loan, but the interest and fees will also really add up. Interest rates for hard money loans are high, often reaching 15% or higher due to the risk associated with this type of real estate. Find out from your lender exactly how much interest you will be expected to pay. You’ll also want to find out what fees you’ll be responsible for. Many lenders include fees like origination fees and early prepayment penalty fees.

Hard Money Loans

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