Hard Money Lenders Paterson, NJ
DSCR Loans • Fix & Flip • Bridge Financing
A Direct Lender for Paterson Real Estate Investors
HardMoneyMan.com LLC is a direct private lender — we fund with our own capital, not a broker's. That means faster decisions, no surprise conditions from a third party, and a lending team that knows Paterson and the greater Passaic County investment property market.
Ken has been funding real estate deals since 1998, closing more than 25,000 loans in that time. He's also a hands-on investor himself, having personally worked on renovation projects on Long Beach Island after Hurricane Sandy — so he underwrites Paterson deals with a real investor's eye, not just a lender checking boxes.
Whether you're refinancing a Paterson rental into a 30-year DSCR loan or flipping a property in Passaic County, that's the difference when you call HardMoneyMan.com — you're talking to someone who's done the work.
Paterson Loan Programs
From long-term rental financing to fix & flip acquisitions and commercial buildings, our Paterson programs are structured around the property and the deal.
Paterson 30-Year DSCR Rental Loans
- Rates from 5.75%
- Up to 80% LTV (700+ FICO)
- Qualify on rental cash flow, not income
- Close in 14 days or less
Paterson Fix & Flip Loans
- Up to 90% of purchase price
- Up to 100% of renovation costs
- Flexible terms based on experience
- Close in 7–14 days
Paterson Asset-Based Loans
- 30-year financing options
- No minimum credit score
- Up to 50% LTV
- Ideal for equity-rich owners
Paterson Spec Construction Loans
- Up to 85% loan-to-cost
- Interest-only during build
- Same-day draws via Snap App
- For experienced builders
Paterson Commercial Loans
- Office, retail & mixed-use
- Asset-focused underwriting
- Purchase and refinance
- Stabilized properties
Paterson 5+ Unit Multifamily
- Apartment buildings & mixed-use
- Based on cash flow & value
- Flexible loan sizes
- Stabilized assets
Paterson & Passaic County Deals We've Funded
Asset-Based Purchase
- Purchase Price$935,000
- LTV50%
- Loan Amount$467,500
Ground-Up Construction
Borrower already owned the land, originally acquired for $135,000.
- Land Value$150,000
- Construction Budget$450,000
- ARV$710,000
Mixed-Use Refinance
One ground-floor store plus 2 apartments, generating $4,500/month in combined rental income.
- Appraised Value$400,000+
- Loan (50% of Value)$200,000
- Existing Debt Paid Off~$180,000–$190,000
Paterson Real Estate Market
As New Jersey's third-largest city and the county seat of Passaic County, Paterson offers real opportunity for investors — from historic multi-family properties to ground-up development.
Source: Redfin market data for Paterson, NJ.
Neighborhoods We Serve in Paterson
From the Great Falls Historic District to Eastside Park, we finance investment properties across Paterson.
What Real Estate Investors Say About HardMoneyMan.com
See what Paterson and Passaic County investors have experienced working with our team for asset-based lending, DSCR rental financing, and fast closings.
Frequently Asked Questions
Answers to the questions Paterson real estate investors ask most often.
Do you offer DSCR loans in Paterson?
Yes. DSCR loans in Paterson range from $75,000 to $2,000,000, with rates starting from 5.75% and up to 80% LTV for borrowers with a 700+ FICO score. Qualification is based on the property's rental income, not personal tax returns.
Do you finance mixed-use properties in Paterson?
Yes. We finance mixed-use properties with residential and commercial components, like ground-floor retail with apartments above — common throughout Paterson's downtown and Peach Street corridor.
Can I get an asset-based loan without a credit check in Paterson?
Yes. Our asset-based program has no minimum credit score requirement — we lend up to 50% of the property's value based on equity, not your credit history.
Do you fund ground-up construction in Passaic County?
Yes. We finance ground-up spec construction throughout Passaic County, including Paterson and surrounding towns like Totowa, with up to 85% loan-to-cost and same-day draws via our Snap App.
Do you offer fix & flip loans in Paterson?
Yes. We provide fix and flip loans throughout Paterson with up to 90% of the purchase price and up to 100% of eligible renovation costs, closing in 7–14 days for qualified transactions.
Are foreign nationals eligible for financing in Paterson?
Yes. Foreign national investors are eligible for our Paterson DSCR loans up to 65% LTV, without a U.S. credit history or personal income verification.
Do you require personal income documentation?
No. Most programs are asset-based or DSCR-driven, focusing on the property and deal strength rather than tax returns or W-2s.
Do you lend to LLCs and entities?
Yes. All programs can close in LLCs or other qualifying entities with proper formation documents. DSCR loans specifically must close in an LLC or corporation.
Ready to Fund Your Paterson Project?
Apply today and we'll determine which loan program fits your deal — DSCR, asset-based, fix & flip, or ground-up construction.
Looking for financing elsewhere in New Jersey? See our full New Jersey lending page, including Newark, Jersey City, Toms River, and Atlantic City.