Hard Money Loans in New York, NY: Fund Your Next Deal Before the Bank Gets Back to You

You found the brownstone in Bed-Stuy. Your contractor is ready. The seller wants to close in two weeks. And your bank just told you they need 45 days minimum to run a credit check.

That’s a deal-killer — unless you know where to look. At Funding Bridge Solutions, we connect NYC real estate investors with private lenders who move fast, evaluate the property (not your FICO score), and get deals to the closing table in as little as 5–10 days.

Why NYC Investors Use Hard Money — And Why It’s Not Just a “Last Resort”

Hard money is a strategic tool, not a fallback. In a five-borough market where off-market properties trade in 72 hours and multiple-offer situations are the norm, having access to asset-based financing gives you cash-equivalent speed without liquidating your portfolio.

Here’s what our NYC lending partners look at:

• Loan-to-Value (LTV): Typically 65%–75% of current value or up to 90% of purchase price + rehab costs
• After Repair Value (ARV): Your projected post-renovation value drives the loan ceiling
• Exit Strategy: Are you flipping, refinancing into a DSCR loan, or holding as a rental?
• Property Type: Eligible for residential flips, multi-family, mixed-use, and commercial

Your credit score? For most partners in our network, it’s not the deciding factor.

The NYC Hard Money Advantage: Speed, Flexibility, Local Know-How

Close in Days, Not Months

Most NYC hard money deals can fund in 5–10 business days. Compare that to a conventional lender’s 30–60 day process. In Brooklyn, Queens, or Manhattan, that difference is the deal.

No Credit Check — Asset-First Underwriting

Self-employed? Recent bankruptcy or foreclosure? Low FICO? Our partners underwrite on the collateral — the property’s value — not your financial history. This is the non-QM approach that Wall Street never tells you about.

NYC-Specific Expertise

Zoning, landmark designation, HPD violations, co-op vs. condo distinctions — the five boroughs have layers of complexity that out-of-state lenders misunderstand. Our partners have local boots on the ground and understand what drives value in Harlem vs. the Slope vs. Jamaica, Queens.

• Bridge financing for fast acquisitions while your long-term financing is arranged
• Rehab loans structured with draw schedules that match your renovation timeline
• DSCR-eligible exit strategy planning if you plan to hold the property as a rental

Frequently Asked Questions

Q: How fast can I get funded in NYC?

A: Most partners in our network can fund a solid deal in 5–10 business days, pending a clear title and completed property evaluation.

Q: Do I really not need a credit check?

A: Our partners underwrite primarily on the property’s LTV and your exit strategy. While some lenders do a soft pull, a low FICO score is not a deal-breaker — the deal’s math is what matters.

Q: What’s the typical LTV range in NYC?

A: Expect 65%–75% on current value for bridge loans, and up to 90% LTP (loan-to-purchase) + 100% of rehab costs for fix-and-flip structures, depending on the lender.

Q: Can I roll rehab costs into the loan?

A: Yes. Many of our partners offer construction holdback structures where rehab funds are released in draws as work is completed and inspected — keeping your out-of-pocket minimized.

Q: What properties qualify?

A: Residential 1–4 unit flips, multi-family (5+), mixed-use, and commercial. Land and new construction may be available through select partners.

⚠ Disclaimer: Funding Bridge Solutions is a connector and affiliate platform. We are not a direct lender. We match you with third-party lending partners in our network.