Spokane-Washington

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

Spokane-Washington

More About Hard Money Loans in Spokane Washington

Not only is Spokane in one of the most picturesque regions of Washington state, but it is also a city with a great deal of real estate potential. This is a place where investors and developers alike can really stay busy finding deals that turn a nice profit. However, there are times when you will find that you may not qualify for a traditional type of mortgage. It could also be that you don’t have the weeks or months that it takes to get a property loan from a conventional lending institution. No matter what the case might be, you will want to look into the possibility of getting a hard money loan from Delancey Street.

Types of Loans to Consider

When you go to look at a hard money loan, it is first important to understand that there are quite a few different types that you will need to consider. Each of these is meant to be short term in nature, so you will want to keep that in mind. In addition, you will find that the application process is streamlined, with funding taking place in under a week in many cases once you are approved.

Here are some possibilities that might work for you depending on your situation:

  • A Construction Loan – As its name implies, approval for this type of loan will give you quick access to cash to build a structure on an existing piece of property. Your aim will be to get the project finished quickly and then sell it off or refinance the existing loan.
  • A Bridge Loan – You would apply for this type of loan if you have located a piece of property that you want to buy and then almost immediately sell. You may also refinance the loan. Many people also get a bridge loan if they have an existing property that they are planning to sell in the near future. The cash from that sale would then pay for the bridge loan.
  • An Owner Occupied Loan – While this might be harder to get approval for, some hard money loans are available to purchase an existing structure that you personally plan to occupy.
  • A Fix and Flip Loan – There are good buys all around Spokane, but many of them are in ill-repair. You can use this loan to buy a property cheap, fix it up, sell it at a profit, and then use the proceeds to pay off the loan as soon as possible.

Here’s Some More Information

There are some more details that you might be interested to know about when it comes to hard money loans. The lender, such as Delancey Street, will typically want to see that the purchase is for investment purposes. While it is possible to fund a purchase for a personal loan, that is not typically the function of a hard money loan. No matter what your purpose might be, you will want to talk to a representative from the company to see what option best suits you.

These loans are much different than other types of property related mortgages in terms of the length of time that you will have to pay it off. You are talking no more than a few years with a hard money loan. The goal is for you to get access to quick cash for a property that you intend to use to turn a profit. You will either pay off the loan in as little as a year or refinance it.

If you would like to learn more about hard money loans and the possibilities that they bring to the table, please contact Delancey Street at your earliest convenience.

Hard Money Loans

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