Delaware Hard Money Lenders
Confused about how to determine which hard money lenders in Delaware are trustworthy and ethical?
EmpireFunders was designed to help borrowers avoid the bad actors within the hard money lending industry via ensuring all lenders listed on our site are licensed and verified.
Our online private money lending directory allows borrowers to shop for affordable licensed bridge lenders in the The First State.
Whether you need a commercial bridge loan for an apartment complex in Wilmington or maybe you want to purchase the ideal townhome to fix and flip in Dover or maybe you have to refinance an expiring private money loan on an office building in Newark — our online bridge lending directory is a fantastic place to begin your hard money lending search.
Delaware is often referred to as The Chemical Capital of the World due its heavy dependence on chemical manufacturing.
Being the second smallest state in terms of land mass and the smallest state in terms of population, Delaware is a tax haven and more than 2/3rds of Fortune 500 Companies are Delaware entities.
Top Delaware Hard Money Loans Summary
Lender | MAX | RATE | LTV | |
|---|---|---|---|---|
$1m | 9% | 75% | ||
$2m | 4.25% | 90% | ||
$3m | 9.5% | 70% |
The 3 Best Hard Money Lenders in Delaware
Temple View Capital Funding
Temple View Capital Funding is a nationwide direct bridge lender for non-owner occupied real estate investment properties. Their financing solutions are geared towards investors and brokers.
They offer long-term financing for rental properties, customized rehab loans and short-term bridge loans.
Before You Apply
- Loan Amount: Minimum of $75,000
- Interest Rate: Minimum of 9.00%
Best Features:
- Up to 80% LTV for rental loans with rates starting at 5.0%
- Up to 90% LTV for rehab loans with rates starting at 7.5%
- No income, no tax returns, no assets, no seasoning and no reserve requirements
Straightline Funding
Direct Lender. Fast Closings.
Straightline is a hard money lender located in North Carolina and provides loans on single and muli-family properties.
They have a straight forward application process that requires very little documentation and provide both short and long term lending options. Their loan menu includes rehab loans, simple bridge loans, 30 year landlord loans and transactional funding.
Before You Apply
- Note: We do not lend on owner-occupied properties
- Loan Amount: Minimum of $50,000
- Loan Amount: Maximum of $2,000,000
- Interest Rate: Minimum of 4.25%
Best Features:
- Direct Lender, not a Broker
- Deal Directly with Decision Makers
- Reduced Fees for Repeat Clients
CoHI Capital
Right People. Right Investments
CoHi is a private money lender out of Denver, Colorado.
They specialize in funding properties located along the Front Range, up the I-70 corridor and small ski mountain towns.
They have many specialized loan programs including for renovation, transactional and foreign national lending.
Before You Apply
- Loan Amount: Minimum of $250,000
- Interest Rate: Minimum of 9.5%
- Loan to Value: Maximum of 70%
- Term Length: Maximum of 12 months
Best Features:
- Quick funding, in as little as a few days
- Most property types, including rental apartments, retail and industrial properties
- Competitively priced interest-only loans
Delaware Hard Money Stats
- Loan Amounts
- $25k to $100m
- Interest Rates
- 3.99% to 15%
- Term Lengths
- 1 to 360 months
- Origination Points
- 1 to 5 points
- Loan to Value Ratio
- 65% to 100%
- Loan to Cost Ratio
- 65% to 100%
- Closing Time
- 1 to 25 days
States Nearby
Looking for a Private Money Loan?
EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703