SoCal Hard Money Lenders

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.

Jason

Founding Partner (Cut and Stitch)
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

SoCal Hard Money Lenders

 SoCal Hard Money Lenders

Delancey Street is a premier, and top rated, SoCal county hard money lender. We offer loans on residential and commercial properties alike. Real estate investors turn to us when they need creative financing – fast. Hard money lenders are individuals or companies that loan money to prospective buyers of real estate. The collateral is generally the real estate in question. The service is most often used by real estate investors who need the hard money to close real estate deals. Having a hard money lender already lined up gives real estate buyers an edge in any deal they are putting together. Flippers, especially, find this an invaluable service to fund the properties they wish to acquire quickly and easily. Traditional loans, through banks and other financial institutions, are not suitable for these types of ventures.
Investors require fast money and/or funds to close deals, so if they form a relationship with hard money lenders, as they put deals together, they stand a better chance of succeeding. Using other people’s money has long been an accepted method of real estate investing, but it is not without risks. That is why investors must demonstrate to potential lenders how they will profit.
The general goal of real estate investors is to purchase properties to create long term, or short term, wealth. Regardless of whether you fix, and flip – or buy, and hold, the end result is still the same. The goal of the hard money lender is to put his money to work for him. Real estate investment is one of the safest ways to foster wealth, and hard money lenders fill a need that would not otherwise be met. Those who have money to invest will certainly obtain a better return than on savings accounts or Certificates of Deposits. This does not mean it is without risks.
One of the things real estate investors need to be aware of is the higher interest rates that come with hard money loans. But even with higher rates, a shrewd investor can build a great real estate portfolio. Traditional banks, while they have better rates, cannot close a deal as quickly as hard money lenders.
Different types of investors require the use of hard lenders. Commercial investors often need them to bridge the gap between what a traditional bank will loan and the asset they are trying to purchase. Builders and developers need funds to purchase land on which they plan to build. Residential real estate investors need funds to purchase and/or rehab properties to rent or “flip.”
Though hard money lenders charge higher interest rates, the benefits far outweigh the negative aspects of the experience. Willingness to take more chances and speed of funding are two of the benefits of seeking out hard lenders.
Usually, hard lenders will lend a percentage of the value of the property. In contrast, traditional loans will lend up to 90-100% of the value of the property. This is a big difference between traditional lenders and hard money lenders. Most hard money lenders want to lower their risk, so that means lending loans at 50-60% LTV. In addition, hard money loans typically come with a shorter loan term than hard money loans.
Hard money lenders in SoCal loan money in varying amounts for property purchases, construction, rehabbing and refinancing. Each has its own set of parameters with which residential and commercial borrowers must comply. Investors with low credit scores or whose income would not pass muster for a traditional loan find that they may have better luck with a hard lender. Borrowers can quickly determine if they can secure a loan and can move forward swiftly with the real estate purchase.
The relaxed requirements and adaptable guidelines of hard money lenders can help the real estate investors ensure that funds will be available when they need them. The application process is simple, and while the loan must be repaid quickly, it is a resource that investors can use over and over.
 

Hard Money Loans

Need funding for your next project?

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