Hard money lender in Brooklyn, NY
GPS Capital is a direct hard money and private lender headquartered in Brooklyn, financing investment real estate across every Brooklyn neighborhood since 2003. Buying a brownstone to rehab in Bed-Stuy, refinancing a multifamily in Flatbush or racing an auction deadline in East New York? We underwrite the property and the exit in-house, so a well-documented deal can close in as fast as one week.
Brooklyn hard money, bridge and rehab loans
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.
We finance purchases, cash-out refinances, fix-and-flips, rehab, new construction and foreclosure bailouts on investment property: single family homes, 2-4 family houses, multifamily, mixed-use, condos, commercial and land. We lend across all of Brooklyn - Williamsburg, Greenpoint, Bushwick, Bedford-Stuyvesant, Crown Heights, Flatbush, East Flatbush, Bay Ridge, Bensonhurst, Borough Park, Sunset Park, Canarsie, East New York, Coney Island, Sheepshead Bay, Flatlands (our own neighborhood) and everywhere in between.
Funded in your backyard
GPS Capital has been closing loans in this market for over 20 years. Recent examples:
- Brooklyn, NY - $425,000 cash-out refinance, closed in a week for a borrower who needed to move fast.
- Manhattan, NY - $2,500,000 condo purchase.
- Spring Valley, NY - $1,950,000 refinance of a 22-unit property, closed in a week.
- Colts Neck, NJ - $1,250,000 land purchase, closed in three days with no appraisal.
- Nyack, NY - $1,700,000 commercial refinance.
- Lakewood, NJ - $11,000,000 retail refinance, funded with a co-lender.
Every deal is different, and timing depends on the property, title and paperwork. What stays the same: one in-house team from term sheet to closing.
How it works
- Send the deal - call 718-247-8863, email Deals@gpscapllc.com or use the form; the property address, loan amount and your goal is enough to start.
- Get real numbers fast - we follow up within 2 hours with rate, leverage and structure.
- Close in as fast as one week - in-house underwriting, and no formal appraisal required in many cases.
FAQ
Brooklyn FAQ
Who is a direct hard money lender in Brooklyn?
GPS Capital is a direct private hard money lender headquartered at 3839 Flatlands Ave in Brooklyn, lending since 2003. Every loan is underwritten, funded and serviced in-house - you work with the lender, not a middleman.
How much can I borrow on a Brooklyn investment property?
GPS Capital lends $500K to $20M, up to 70% of after-repair value. Rates run 9.99% to 12.99% with 1 to 2 points, typically on 12-month terms.
How fast can a hard money loan close in Brooklyn?
As fast as one week. Well-documented deals have funded in 3 to 5 business days. Title and paperwork drive the timeline, so tell us your deadline up front.
Do you make fix-and-flip and rehab loans in Brooklyn?
Yes. Fix-and-flip and rehab financing is a core product, underwritten on up to 70% of after-repair value with the renovation plan built into the loan structure.
Do I need good credit for a Brooklyn hard money loan?
No. There is no minimum credit score. We underwrite the property and the deal, not your credit history - bad credit, no credit or a prior bankruptcy are all welcome to apply.
Can a broker submit a Brooklyn deal to GPS Capital?
Yes. Brokers are welcome and we pay 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