Direct Private Bridge Lender · Est. 2003
Bridge loans in Detroit, MI
GPS Capital is a direct private bridge lender for Detroit-area investment property. Bridge capital for multifamily, commercial and portfolio deals across Wayne, Oakland and Macomb counties - underwritten in-house.
Detroit bridge loan terms
Rates 9.99% to 12.99%, 1 to 2 points, loans from $500K to $20M, up to 70% of after-repair value, typically 12-month first-lien terms. No minimum credit score, no personal income verification in most cases. Funds in as fast as one week - well-documented files have funded in 3 to 5 business days.
Bridge financing in Detroit
A note on fit: our loans start at $500K, which suits multifamily, commercial and multi-property packages in the Detroit metro more than single low-priced houses. If your project clears that floor, we can fund in as fast as one week on a clean file.
Questions
Detroit FAQ
Who is a direct bridge lender in Detroit?
GPS Capital is a direct private bridge lender, funding investment property nationwide since 2003, including the Detroit market. Every loan is underwritten, funded and serviced in-house - no broker, no outside committee between you and the wire.
What are bridge loan rates in Detroit?
GPS Capital's bridge loans run 9.99% to 12.99% with 1 to 2 points, from $500K to $20M, up to 70% of after-repair value, typically on 12-month first-lien terms. Every deal is priced on its own merits.
How do I check whether my Detroit deal fits?
Send the address and the amount you need. Our minimum is $500K, so single low-priced houses usually do not fit - but multifamily, commercial, land and packages often do.
What credit score or income docs do I need for a Detroit bridge loan?
None. There is no minimum credit score and no personal income verification in most cases - the property carries the loan. A personal guarantee is standard.
Do you work with Detroit-area brokers?
Yes. Brokers are welcome and GPS Capital pays broker fees. Send the property address, loan amount and the borrower's goal for a same-day review.
Related
Next Step
Send the deal. Get a
straight answer.
Property type, address, loan amount, and your goal is enough for us to start. Every submission is reviewed by the team that funds the loan, with follow-up inside 2 hours.