Fast Hard Money Loans For Experienced Investors

Delancey Street provides hard money loans nationwide to investors who have a verifiable track record. We fund up to 70-80% LTV, and focus on residential projects such as: buy and hold, fix and flips, and commercial real estate acquisitions. The biggest factor we look at is the experience of the investor and the LTV of the project they're requesting assistance with.

80% LTV

We fund loans up to 80%
LTV with no issues.
We DO NOT do 100% financing.

Fast

We promise to treat you
like a partner.
We don't like wasting time

No $ Limit

No limits on what we can
do for you.
We max out at 80% ARV.

70-80% LTV For Seasoned Developers Nationwide

Fix and Flip, Cash-out Refinance, and Acquisition Loans
For Experienced Real Estate Developers.

We Fund Real Estate Projects Nationwide

We fund projects nationwide, ranging from fix and flips, to commercial acquisitions. Bottom line, we can help - regardless of the size, or difficulty of the project. We do not do 100% financing - and prefer working with experienced real estate investors.

Recently Funded Projects

Hard Money

Financing for fix and flips, commercial estate, and acquisitions / refinancing
Financing up to 70% of the After Repair Value
We charge 9-10% on average, with no junk fees

Thousand Oaks-California

Located in beautiful Ventura County, Thousand Oaks has miles of coastline and the breathtaking Santa Monica Mountains. This makes Thousand Oaks a perfect place to live, work and buy investment property. The housing market can restrict the ability to obtain funding for a house or property. Sometimes banks and credit unions are stingy about who receives a mortgage. This can make buying investment property, building homes or buying a home absolutely out of the question.

What is a Hard Money Loan in Thousand Oaks?

A hard money loan is a private loan specifically to fund a real estate. The loan isn’t offered by banks or credit unions. Instead, they are offered by private investors and companies. The purpose of a hard money loan is to start a real estate project or obtain funding for a home. The money is short-term. A borrower has two to five years to repay the entire loan, plus fees and interest.

Understanding a Hard Money Loan in Thousand Oaks

Hard money loans are a great alternative to the traditional bank loan. However, it’s important to understand this private loan. It requires collateral and a down payment. The collateral is the property being financed. The down payment depends on the value of the property after a full appraisal. For example, a borrower plans to fix-and-flip a property. The value of the property is $100,000. The hard money lender may require a $20,000 down payment. Thus, it’s important to understand the Loan-To-Value (LTV) ratio or After-Repair-Value (ARV) of the property to understand the type of money needed to obtain the loan.

Regardless of the number of payments all hard money lenders require a balloon payment at the end of the loan. This payment includes the remaining balance due on the loan and any interests and/or fees included.

Why Thousand Oaks Borrowers Seek Hard Money Loans

A hard money loan is an option for people who can’t get a traditional bank loan. Credit unions and banks want borrowers to meet high requirements such as excellent credit scores, high income and low debts. Many people don’t fall into those categories. Banks and credit unions based their lending decisions on those things plus if a borrower has any foreclosures or bankruptcies. Thus, some borrowers seek hard money loans for this reason.

Some borrowers need money quickly. It can take weeks or months for banks to approve loans. A hard money loan allows a borrower to get the financing they need for a construction project or a flip-and-fix project. Having large access to cash provides investors with the ability to take advantage of real estate opportunities they’d miss while waiting for a bank loan.

Flexible terms are another reason borrowers seek hard money loans. A hard money loan terms are flexible. Many lenders are willing to customize their hard money loans, according to the borrower’s ability to repay. This means no cookie-cutter loan terms such as the ones from a traditional bank that places more pressure on the borrower to repay when their finances don’t make the repayment plan.

Thus, Thousand Oaks residents seek hard money loans because:

• They can’t get financing anywhere else
• They need money immediately
• They want more flexible terms than they are offered by traditional banks.

Get Your Hard Money Loan in Thousand Oaks with Our Help

Thousand Oaks offers a variety of recreation, shopping and relaxing options to help you live and play. You should have the same options when it comes to financing real estate opportunities. Whether you are investing in Thousand Oaks property or buying a home, you have a financing option. Contact us about securing a hard loan today.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

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