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Hard Money Loans Staten Island

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

Hard Money Loans Staten Island

If you are a real estate investment professional looking for a fast way to fund you purchases, you need to consider hard money loans. Delancey Street is a premier, and recognized, Staten Island hard money lender. We focus on providing opportunities to real estate developers – who simply need funding – in order to jumpstart their dreams.
Who is the right candidate for a hard money loan?
Traditional lenders don’t like dealing with real estate developers. They consider developers a high risk. In contrast, Staten Island hard money lenders like Delancey Street love real estate developers. While you may not qualify for a conventional loan, rest assured we’re happy to work with you. If you’re on our website, you’re probably doing more research about hard money loans and how one can help you. It’s critical you educate yourself about what hard money loans are, why they are a great alternative to traditional lending, and how we can help you.
What Are Hard Money Loans?
Hard money loans are collateral-based loans, which means the hard money lender focuses primarily on your asset or equity in the property. The lender does not care about your credit score or financial history in making a lending decision. The greater the value of your asset, the less risk for the hard money lender and the higher likelihood you will receive the funds you need. Hard money lenders care a lot about what your business plan is. We want to know how you plan on using our funds, and what your objectives are.
Requirements For A Hard Money Loan
There are very few requirements to qualify for a hard money loan. Whether it’s a bridge loan, investment property loan, fix and flip loan, cash out refinance loan, or purchase loan, the requirements for approval are generally the same.
Minimal Paperwork
Unlike banks and other traditional lenders, hard money loans are streamlined and efficient, allowing you to get funding quickly. Hard money loans require few documents and paperwork. Many investors utilize hard money loans when they don’t want to wait for a lengthy approval process associated with traditional lenders.
Credit Doesn’t Matter
If you have ever gone through the loan process of a bank or other traditional lending institution, you know it can be a tedious and sometimes boring loan process. They want to review your credit record and ability to repay the loan. Credit score is not important with Staten Island hard money loans because the hard money lender is asking for collateral to securitize your loan. Hard money loans are great for people who may not necessarily have a lot of money in the bank, but have a great asset which is worth more than the loan itself.
LTV Counts
LTV stands for loan to value, and it’s super important to hard money lenders. Virtually every hard money lender will ask you what your target LTV is. This one number tells so much about your project. Most hard money lenders prefer to lend at 30-60% LTV. Anything greater than that is risky, and forces hard money lenders to scrutinize your loan further. If your loan is higher than 60-70% LTV, you should be prepared to explain how you’ll repay it – and lay out a concrete business plan. It is not uncommon for lenders to sometimes ask for additional assets in order to secure the loan.

Hard Money Loans

Need funding for your next project?

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