Direct Private Bridge Lender · Est. 2003
Bridge loans in Manhattan, NY
GPS Capital is a direct private bridge lender for Manhattan investment real estate, with a $20M ceiling built for Manhattan price points. We recently closed a $2,500,000 condo purchase in Manhattan - underwritten, funded and serviced in-house.
Manhattan 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 Manhattan
Manhattan bridge deals are about certainty at scale: taking down a condo unit before another buyer does, refinancing out of a maturing loan while permanent debt catches up, carrying a building through a renovation. One in-house team, one decision, funds in as fast as one week.
Questions
Manhattan FAQ
Who is a direct bridge lender in Manhattan?
GPS Capital is a direct private bridge lender, funding investment property nationwide since 2003, including the Manhattan 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 Manhattan?
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.
Can I get a bridge loan on a Manhattan condo?
Yes. Investment condos are a core Manhattan product for us, including units in buildings banks will not touch. We underwrite the unit and the building ourselves.
What credit score or income docs do I need for a Manhattan 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 Manhattan-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.