Hard money lender in Boston, MA
GPS Capital is a direct hard money and private lender for Boston-area investment real estate. Triple-deckers, multifamily, mixed-use and condo conversions across the metro - we underwrite the property and the exit in-house and can close in as fast as one week.
Boston hard money and 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 terms. No minimum credit score. Closes as fast as one week - well-documented deals have funded in 3 to 5 business days.
The Boston market
Boston housing stock is old, valuable and often needs real work - the classic case for asset-based lending. We underwrite the after-repair value and your plan, skip the tax returns and credit minimums, and move at the pace a competitive Boston offer requires.
FAQ
Boston FAQ
Who is a direct hard money lender in Boston?
GPS Capital is a direct private lender, financing investment property nationwide since 2003, including the Boston metro (Boston-Cambridge-Newton, MA-NH). Every loan is underwritten, funded and serviced in-house - no broker, no outside committee.
What are hard money loan rates in Boston?
GPS Capital's rates run 9.99% to 12.99% with 1 to 2 points, on loans from $500K to $20M, up to 70% of after-repair value, typically on 12-month terms. Every deal is priced on its own merits.
How fast can a hard money loan close in Boston?
As fast as one week. Well-documented deals have funded in 3 to 5 business days, and many close without a formal appraisal. Tell us your deadline up front and we will tell you honestly if we can hit it.
Can I get a hard money loan on a Boston triple-decker?
Yes. Two-to-four unit and small multifamily investment properties are a core product - purchases, rehabs and cash-out refinances, underwritten on the building and the plan.
Do you work with Boston-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.
Have a deal? Get a response within 2 hours.
No obligation. If we can’t fund it, we’ll tell you straight.
Or call us now: 718-247-8863 Deals@gpscapllc.com