West Palm Beach-Florida

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

West Palm Beach-Florida

Real estate investors in West Palm Beach, Florida have new options for financing their projects. With hard money loans, you’ll be able to take on more investments and make more money. This quick funding option provides you with property-focused financing that’s available to nearly any investor. Even if you’ve been turned down by banks or finance companies, there’s now an alternative that’s much faster and affordable.

What is a Hard Money Loan?

A hard money loan is a temporary real estate loan that allows you to purchase a property and make improvements in order to resell it. These loans are only designated for investors and shouldn’t be considered for a primary owner-occupied residence. The approval criteria focus on the value of the home and how much it would be able to sell for after the improvements are made.

There are many different types of hard money loans in West Palm Beach, Florida; however, the two most common are rehabilitation loans and bridge loans. With a rehabilitation loan, the purchase price and estimated improvements are financed in order to “fix and flip” the house. Bridge loans are for those who need immediate funding to purchase a property for resale but don’t have a significant or adequate down payment. These loans are typically one to five years in length and are considered alternative financing options. You’ll need to focus on quick resale of the property in order to repay the mortgage. These loans are difficult and expensive to maintain if not refinanced or repaid.

What is Needed to Qualify for a Hard Money Loan in West Palm Beach, Florida?

In order to qualify for a hard money loan, you’ll need to select a property and gather all the information possible. This can include a recent appraisal, estimates, and anything else that helps to establish the value of the home. An appraisal that includes comparable sales of homes in the area will most likely be ordered. A home inspection is also beneficial to avoid any expensive pitfalls that could surface later in the project.

Unlike traditional real estate financing, hard money loans focus on the property much more than the borrower. This means that borrowers with poor credit and limited assets are still good candidates for this type of financing. With real estate investing, bumps in the road are to be expected. Therefore, we have many options available to help your project go as smoothly as possible.

How Do Hard Money Loans Differ from Traditional Financing Methods?

Traditional financing methods tend to take a much longer time to approve and are subjected to much greater scrutiny in underwriting. Since investment properties aren’t the focus of these government backed loans, they’re typically not given a high priority. Credit and assets are also major considerations with any government backed loan. The processing times and chances of denial are significantly greater. For borrowers that fall outside of the standard criteria of a government loan, hard money loans are a much better and faster option for investors.

How Do I Apply for a Hard Money Loan in West Palm Beach, Florida?

It’s easy to apply for a hard money loan online or by phone. Our dedicated and courteous loan representatives are prepared to guide you through the process and get your loan funded, quickly. A simple online application can be completed in less than five minutes and will ask you all the pertinent questions. Our representative will then follow up to answer any questions you may have and get the application submitted for you. Before you know it, you’ll be going to settlement and on your way to making money. Give us a call or apply online to get your next project started, today!

Hard Money Loans

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