Hard Money Lender in
Direct hard money loans for Northern New Jersey real estate investors: bridge loans that close like cash, fix and flip loans that fund the renovation, ground-up construction, and 30-year DSCR rental loans. Instant term sheet, close in 2 weeks.
Essex, Hudson, Union and Passaic counties hold one of the densest stocks of two- to four-family houses on the East Coast, and the investors who work them buy, renovate and hold in a steady cycle.
North Jersey: multifamily houses, quick turnover, and steady rents.
North Jersey listings that ask for cash are typically older two- and three-family houses in Newark, East Orange, Irvington, Paterson, Elizabeth and Plainfield that need a full update, plus estate sales across the inner suburbs. The fix and flip loan funds the purchase and the renovation together at 10% down with a completed project, pays the work in draws, and closes in 2 weeks.
North Jersey rents are strong against purchase prices that are still moderate in the cities, so the DSCR loan generally carries a renovated two- to four-family house comfortably; property taxes are the line to price first in New Jersey. The bridge loan handles the fast purchase and the maturing-loan refinance, and the takeout comes from the same team.
Cash and hard money listings in Northern New Jersey right now.
Listings whose remarks ask for cash or hard money, each priced with our financing at its list price. Browse Newark, Jersey City, Paterson, Elizabeth, East Orange, Irvington, or every New Jersey opportunity. Sign in to see the street addresses and the pricing on each one.
No North Jersey listings are in the book at this moment. New ones land every day; see the New Jersey deals.
We are the lender, not the listing agent. Every listing belongs to its agent, credited on the listing page. Browsing is not a commitment to borrow from us.
Every stage of a North Jersey deal.
Buy like cash or refinance maturing debt on North Jersey investment property. 12 months, interest only. Bridge loans.
Purchase plus renovation in one loan, 10% down with experience, drawn as the work completes. Fix and flip loans.
Land and the build for builders with completed projects. Construction loans.
Term loans on the buildings a rental program will not take. Commercial lending in New Jersey.
Starting rates, points, down payment and score requirements, program by program. See the rates.
From a North Jersey address to the wire.
- Price it. Type the North Jersey deal into Price a Deal: address, price, renovation budget, your score and experience. The program, the rate and the maximum loan come back in a minute.
- Request the term sheet. It issues instantly, from our own sizing.
- Send the file. Contract, entity documents, insurance, budget or rent roll. The appraisal is ordered the same day.
- Close in 2 weeks. Title and escrow set the pace; the decision is already made.
Hard money in North Jersey, answered straight.
How fast can a hard money loan close in North Jersey?
Every North Jersey deal gets an instant term sheet and closes in 2 weeks. Decisions are made in-house, so title, escrow and the appraisal set the pace, not a committee.
What does a hard money loan cost in North Jersey?
Fix and flip and bridge loans start at 9.75% interest only with 1.5 points. The rates and requirements page lists every program; Price a Deal quotes your own North Jersey deal in a minute. Every figure is an indicative estimate, not a commitment to lend.
Do you lend on fix and flips in North Jersey?
Yes. Our fix and flip loan funds the purchase and the renovation together: 10% down with at least one completed project in three years, 20% on a first flip, the renovation paid in draws as the work completes.
Do you offer DSCR rental loans in North Jersey?
Yes. DSCR loans in New Jersey are 30-year fixed rental loans qualified on the rent, for a single property or a portfolio. North Jersey rents carry the ratio on two- to four-family houses; New Jersey property taxes are the line to price first.
Which North Jersey areas do you lend in?
Newark, East Orange, Irvington, Orange and Bloomfield; Jersey City, Bayonne, Hoboken and Hudson County; Paterson, Passaic and Clifton; Elizabeth, Union, Linden, Rahway and Plainfield; Hackensack and Bergen County; Perth Amboy, New Brunswick and Trenton. We lend on investment and commercial property anywhere in New Jersey; see the New Jersey page.
Working a North Jersey Deal?
Price it in a minute. If the numbers work, the term sheet is instant and the close is 2 weeks out.