Port St. Lucie-Florida

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

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!

Hard Money Loans

Need funding for your next project?

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