Direct Private Bridge Lender · Est. 2003
Bridge loans in New York City
GPS Capital is a direct private bridge lender for New York City investment property, headquartered in Brooklyn and funding across all five boroughs since 2003. Bridge capital for acquisitions, cash-out refinances, transitions and bailouts - underwritten, funded and serviced in-house.
New York City 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 New York City
New York deals stall for New York reasons: co-op and condo board timelines, estate sales, 1031 deadlines, buildings banks will not touch. A bridge loan removes the calendar problem - we underwrite the asset, not the borrower, and have funded well-documented files in 3 to 5 business days.
Questions
New York City FAQ
Who is a direct bridge lender in New York City?
GPS Capital is a direct private bridge lender, funding investment property nationwide since 2003, including the New York City 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 New York City?
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.
What is the difference between a bridge loan and a hard money loan in NYC?
Both are short-term, asset-based loans. A bridge loan specifically spans a gap - closing before a sale, refinance or other takeout. Hard money is the broader category. GPS Capital funds both, on the same terms.
What credit score or income docs do I need for a New York City 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 New York City-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.