Overland Park-Kansas Hard Money Loans

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

Overland Park-Kansas Hard Money Loans

If you’re a real estate investor in Overland Park, Kansas, we have exciting new financing options for you! Our hard money loans make it possible for you to take advantage of many more opportunities. Even if you’ve been turned down elsewhere, we probably have a loan program for you. You’ll enjoy fast approval and minimum documentation requirements with many loans funded within the same week.

What is a Hard Money Loan and How Can it Help?

A hard money loan is a non-traditional mortgage used to secure real estate for the purpose of reselling it for a profit. While there are many different types of hard money loans used for many different purposes, most borrowers utilize them for rehabilitation or securing a property with no money down.

A hard money loan focuses on the quality and the ability for the property to make a profit from resale. Unlike a traditional loan, much less emphasis is placed on the borrower’s ability to repay the loan. This makes the ability to borrow with poor credit, limited assets, and self-employment, possible.

A hard money loan is also considered to be a temporary loan. The repayment term is nearly always less than five years with the average loan being paid off within one year. These loans also use interest only payments, adjustable rates, and balloon payments to reduce the monthly cost to the borrower while they “fix and flip” the property. These loans are not intended to secure a primary residence or any sort of scenario where the borrower retains the property for an extended period.

How are Hard Money Loans Different than a Bank or Mortgage Company Loan?

Hard money loans provide much more flexibility to the borrower in terms of underwriting and approval. Minor credit issues are typically not an issue. With a traditional mortgage loan, the borrower’s ability to satisfy the obligation is the primary focus. With a hard money loan, the potential for turning a profit is the main concern. Since many investors have situations that may limit their access to immediate resources, a hard money loan takes these matters into consideration. Conventional mortgage loans typically offer lower interest rates; however, the processing times are much longer, and the chances of denial are much greater. This is simply not a practical scenario for many investors. Hard money loans alleviate these concerns and provide borrowers with access to new opportunities.

What Documentation is Required for a Hard Money Loan?

A hard money loans places heavy emphasis on the property appraisal. Any documentation that would support the costs to rehabilitate the property are also helpful. A property inspection is helpful to find any early warnings of potential problems that could surface along the way. Comparable sales in the area help our underwriters to determine what the value of the home is after the repairs are made. At the time of application, a property should be selected, and the address should be made available.

How Can I Obtain a Hard Money Loan Pre-approval in Overland Park, Kansas?

To get started, you’ll want to fill out our convenient online loan inquiry form. We’ll have one of our professional and dedicated loan professionals reach out to you. They’ll go over your options to determine the type of loan that would work best for your scenario. After a pre-approval is issued, you’ll want to submit the requested documentation as quickly as possible. After the loan is processed and underwritten, you’ll be scheduled for settlement. You’ll review the loan disclosures and ask any questions that you may have. You’ll quickly see why our clients trust us with all their financing needs. Get in touch with us to see how we can help you, today!

Hard Money Loans

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