#1 Hard Money Lenders New Orleans for Real Estate Investors Since 1998
As one of the go-to hard money lenders New Orleans LA, HardMoneyMan.com offers hard money loans in New Orleans with fair terms and a fast process. Click the button to get started by sending a few quick pieces of info.
Private Hard Money Lenders New Orleans LA
HardMoneyMan.com, LLC is the leading Hard Money Lenders New Orleans for investment properties, lending to real estate investors in New Orleans since 1998. We have made over 3,000 loans in New Orleans Louisiana since our inception and we pride ourselves on being second to none on knowing our real estate market, in customer service, transparency and terms when it comes to hard money loans. We make loans in all of New Orleans. Our niche are 1-4 unit residential properties that are in need of renovation. We also lend to local builders that are putting up new housing.
Being rehabbers ourselves, this is a huge benefit to our borrowers as we know what challenges many borrowers run into when dealing with lenders and we try to make sure those are avoided at all costs. There are unique opportunities and challenges in New Orleans and its investors are taking advantage and dealing with them of them every day.
New Orleans Hard Money Lenders – Why Choose Us?
Property Types | All 1-4 unit residential properties, 5+ unit apartment builings, mixed use properties. |
Loan Types | Fix and Flip Loans, 30 year Rental Loans, Hard Money Refinance Loans, New construction spec home loans, 1 year stabilized bridge |
Markets | New Orleans, Gretna, Metairie, Jefferson, Harvey, and more |
Loan Amounts | $50k - $5MM |
Term | 1-30 years |
Rate | From 6.75% |
Points | 2-3% |
Loan to Value | Depends on the program |
Loan to Cost | Max 85% on rehabs, 80% on construction |
We're in the Business
We’ve rehabbed, sold and rented investment properties ourselves. We know what to look for so you can be confident that your project will result in profit.
We're a Direct Lender
We loan the money. We don’t find the money form someone else. This means you can rest easy knowing that if we approve your loan, it’s going to get funded. No surprises.
We're Fast and Efficient
We can give you preliminary approval in as little as 24 hours and have your loan closed and paid out in less than 7-10 days. We’re the most efficient hard money lender in New Orleans.
We're Investor Focused
We consider you our partner and we want you to make money. We make it a point to look at our loans from all angles to make sure you’re going to get a fair return.
New Orleans Hard Money Real Estate Market
Foreclosure Rates for New Orleans LA
Investors who want to find deals from foreclosure properties can consider these statistics to understand the New Orleans real estate market for pre-foreclosures, auctions, and bank-owned properties.
As one of the top hard money lenders in New Orleans, we work with investors every day who are looking for foreclosure opportunitites.
Sale Prices in New Orleans LA
Real estate sales in New Orleans still support an active fix/flip market. You want to closely monitor your average days on the market because when you are flipping properties, this is the best indicator of how long it will take you to sell once the property is completed.
As one of the top hard money lenders in New Orleans, we work with investors every day who are looking for flip/rehab opportunities in New Orleans.