Direct Private Bridge Lender · Est. 2003
Bridge loans in Queens, NY
GPS Capital is a direct private bridge lender for Queens investment property, headquartered next door in Brooklyn. Bridge financing for 2-4 family homes, multifamily and mixed-use buildings across the borough - funded in as fast as one week.
Queens 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 Queens
Queens bridge deals are usually timing deals: a multifamily purchase that has to close before financing catches up, a cash-out to fund the next acquisition, a building mid-renovation that needs capital to reach stabilization. We underwrite the asset and the exit, so the timeline stops being the problem.
Questions
Queens FAQ
Who is a direct bridge lender in Queens?
GPS Capital is a direct private bridge lender, funding investment property nationwide since 2003, including the Queens 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 Queens?
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 use a bridge loan to buy my next Queens property before my current one sells?
Yes - that is the classic bridge. We lend against the new acquisition, the property you are selling, or both, so the purchase does not wait on the sale.
What credit score or income docs do I need for a Queens 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 Queens-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.