Shreveport-Louisiana

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

Shreveport-Louisiana

Understanding Hard Money Loans – Shreveport-Louisiana
One of the most common reasons people don’t qualify for traditional mortgage loans is because of issues with credit and income. A hard money loan is actually a solution to that problem because it’s an asset-based loan. It would be great if banks offered a alternative to every mortgage problem, but that’s not how the world works. Real estate investors have come to appreciate the speed and ease of hard money loans. Here are more insights on this topic.

About Hard Money Loans

There are a variety of different types of hard money loans, such as the bridge loan, fix-and-flip loan, owner-occupied loan and construction loan. Hard money loans are based on the value of your property as collateral. Your credit and income are much less of a consideration in the world of hard money because it’s mostly about the collateral.

Your ability to pay the loan back is important, but hard money lenders know they have a recourse should things go south. This is unlike traditional mortgage loans where poor credit and questionable income is a deal breaker. In fact, hard money lenders may even forgive bankruptcies and foreclosures. Generally speaking, they are individual investors and firms that make decisions on a case-by-case basis, with great leniency.

More About Hard Money Loan Types

Real estate investors need money for different reasons and there are loan types to accommodate their needs. For starters, a bridge loan lets you buy a property fast, then resell or refinance that property. You can also use a bridge loan to buy a property before you get a cash down payment from selling a property in your real estate portfolio. The nature of a fix-and-flip loan is evident by the name; you buy, fix and flip the property, then pay off the loan. A construction loan is used by real estate developers for new construction projects that will be sold or refinanced.

What happens if you want to live in a property and need a hard money loan? There is an option for that, but it’s less common. It’s an owner-occupied loan for consumers who can’t qualify for traditional mortgage loans. Hard money lenders tend to shy away from owner-occupied consumer loans because there’s a lot of red tape and regulations involved. Nevertheless, there are some lenders who offer this loan type.

A Closer Look at Hard Money Loans

If you have ever participated in the mortgage loan process, you might find it hard to believe that the application process for hard money loans is sometimes less than a week. Specially, there’s a chance that you could apply for a loan on Monday and get funded by Friday. The loan process is not just fast, but it’s also void of the common hassles of bank loans.

You will likely be required to put money down for a hard money loan and the amount will depend on the Loan-To-Value (LTV) ratio or After-Repair-Value (ARV) ratio. Loan terms are typically one to several years, though one year is common. As opposed to making monthly principal and interest payments, there’s a chance that you will only make interest payments. In fact, you may not be required to make any payments at all, until the loan matures and you make the balloon payment. Just keep mind that it depends on the lender. That final payment includes the principal, interest and fees.

Is a Hard Money Loan a Good Solution?

If you are able to secure a traditional mortgage loan, then you probably won’t need a hard money loan. If you can’t, then you should weigh the pros and cons. While a hard money loan has high interest rates, many fees and a short term, it also provides you with money quickly. For some real estate investors, a hard money loan is great tool to be use when needed.

Hard Money Loans

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