New York Hard Money Loans

Hard Money Loans in New York

Across New York, hard money loans function as practical financing alternatives that prioritize property equity over borrower credit history. These specialized loans, provided by experienced hard money lenders like Watermen Capital, address the unique investment scenarios found throughout New York's diverse real estate markets. Hard money loans eliminate the extended waiting periods associated with traditional bank financing, offering New York investors quick access to capital for property flips, distressed property acquisitions, or strategic purchases where conventional lenders might move too slowly for the fast paced New York market conditions.

Our New York Rates

• Single Family Homes, Condominiums and Multifamily Apartments
• Loan Amount - $75,000 to $10,000,000 per property
• Interest Rates - Starting at 8.5%
• Interest Only Payments
• Loan Term - 12 to 24 Months, Prepayable
• Loan Advance - Up to 90% of Purchase Costs, Up to 100% of Rehab Budget

Throughout New York, Watermen Capital provides customized hard money loans crafted specifically for investors operating across diverse regional markets. Our hard money financing includes both short duration bridge loans for quick turnaround projects and longer-term DSCR loans for income producing properties, all backed by a team with extensive New York real estate knowledge. Whether you're pursuing property rehabilitation in historic districts, rental conversions in growing communities, ground up construction in developing areas, or buy and hold investments in established neighborhoods across New York, our efficient hard money lending procedures support investors who understand that New York's most valuable real estate opportunities require both speed and flexibility.