I have a good standing record with a hard money lender.

Jon Bock, CPA/PFSI am contacted daily, I need broker, lender, PM ,ins agent, and attorney  Im like you have never even done a deal yet, DO A DEAL then worry about your " power team " Or better yet, just find guys that handle everything.

Hard money lenders and private lending institutions/businesses will loan up to 70% of arv including rehab cost. 

The 15% DP is financed through our private money lender. 1 year loan ($150k) at 5%.

However, this influx has led to a surge in home prices, making it difficult to compare our market with other cities in the U.S.I found a lender and an agent, but the competition remains fierce.

I can see why some lenders wouldn't like it since it would cut them out of a deal, but I would guess this is a very niche market based on downpayment size to make up the difference.

Please suggest any lenders who can help with such project here in Central New Jersey. 

I see you are a mortgage broker not a lender. 

For instance, if your property is listed for sale below its appraised value or if you reduce the asking price during the listing period, most lenders base their lending decisions on the lower of the two values.

If I wanted to get it terminated earlier I'll need to get an appraisal (paid out of pocket) and have it sent in for their review upon which they still could reject the removal.