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

Port St. Lucie-Florida

If you’re a real estate investor, you probably know how profitable the Port St. Lucie area is for fixing and flipping homes. There’s even more great news. Our company now offers hard money loans to help finance your projects. That means you’ll be able to take advantage of more deals and increase your bottom line. Even if you’ve been turned down by banks, finance companies, or private investors, you’ll want to check us out. We provide loans in a matter of days rather than weeks.

What is a Hard Money Loan and How Will it Benefit Me?

A hard money loan is an alternative to self-funding or borrowing from banks and private lenders. The loan can be used to purchase and rehabilitate properties for resale. Bridge loans provide access to fast funding to purchase properties without using any of your assets. You’ll never have to pass up a great opportunity due to lack of financing.

Hard money loans are a type of real estate financing that has a short term. One year is common and they can be extended up to five years if necessary. They typically have higher interest rates than a traditional loan; however, the convenience factor far outweighs the cost for most investors. Interest-only, balloon payments, and adjustable rates are common. This provides a benefit to the investor by having a low monthly payment while the property is being rehabilitated and sold.

Hard money loans have fast approval and funding times. It’s common for a loan to be originated and funded within the same week. This allows investors to act quickly when a great property is listed. We’ve worked with many Port St. Lucie real estate investors and understand that timing is everything with investments.

How Does a Hard Money Loan Differ from Traditional Mortgage Financing?

Traditional bank financing is appropriate for owner-occupied and held properties. It’s not appropriate for houses that are to be resold for a profit. These government backed loans must adhere to strict underwriting and approval criteria. The processing times are lengthy, and the loan can be denied at any point if the documentation provided doesn’t support the borrower’s claims. While the interest rates tend to be lower, insurance is required for properties when the loan to value ratio is too high. This often adds a sizable amount to the monthly payment.

Traditional loans providers also tend to focus on the borrower’s overall financial health. This means that minimum credit scores, enough assets, and stable income must be documented sufficiently. While these government backed loans are great for homeowners, the reality is that they simply don’t work for real estate investors.

What Documentation is Needed to be Approved for a Hard Money Loan in Port St. Lucie?

At minimum, a property that’s able to be rehabilitated within a reasonable amount of time must be selected. Any documentation that supports the home’s current value and recent home sales within the area is also helpful. An appraisal is ordered as supporting documentation. A home inspection is useful to determine the true condition of the property. Personal and business financial documents should also be available for review, if requested.

How Do I Apply for a Hard Money Loan in Port St. Lucie?

Applying for your loan is fast and easy. Simply complete the online inquiry form and we’ll have one of our courteous and professional loan representatives get in touch with you. They’ll guide you through the process and help you determine the best course of action for your loan request. Keeping on top of things during the processing phase also helps. You’ll soon see why so many real estate investors in Port St. Lucie have come to depend on us for their real estate financing needs. Get in touch with us and we’ll be happy to provide you with the same great service, 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

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
10 Essential Mobile Apps for Small Businesses on the Go

Today, businesses do not require a brick and mortar location…

10 Indicators Time to Expand Your Business

As an entrepreneur, you are always looking for the next…

21 Overlooked Small Business Tax Deductions You Need To Know

Small businesses owners are often oblivious on how much money…

WHAT ARE Asset-Based Loans?

What is an asset based loan? An asset-based business line…

101 Things you need to know before you apply for an SBA loan

101 Things you need to know before you apply for…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now