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

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!

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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