Hard money lender in Jersey City, NJ
GPS Capital is a direct hard money and private lender for Jersey City investment property. Waterfront condos, Downtown multifamily, Journal Square value-add, Bergen-Lafayette rehabs - we underwrite every deal in-house from our Brooklyn headquarters and can close in as fast as one week.
Jersey City 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.
We finance purchases, cash-out refinances, fix-and-flips, rehab and new construction on condos, single family, 2-4 family, multifamily, mixed-use and commercial property across Jersey City and Hudson County - Downtown, the Waterfront, Journal Square, Bergen-Lafayette, Greenville, The Heights, Hoboken, Bayonne, Union City, Weehawken and West New York.
Built for Jersey City's market
Jersey City moves fast. Waterfront and Downtown condos trade like Manhattan property, and Journal Square and Bergen-Lafayette are active rehab markets. Whether you are taking down a condo unit banks will not touch or renovating a 2-4 family for resale, we underwrite on the property's value and your exit - with real numbers back to you within 2 hours.
FAQ
Jersey City FAQ
Who is a direct hard money lender in Jersey City?
GPS Capital is a direct private lender headquartered in Brooklyn, lending in Jersey City and Hudson County since 2003. Every loan is underwritten, funded and serviced in-house.
Can I get a hard money loan on a Jersey City condo?
Yes. Investment condos are a core product, including units in buildings that fail bank requirements. We underwrite the unit and the building ourselves.
What are hard money loan rates in Jersey City?
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 12-month terms.
How fast can a hard money loan close in Jersey City?
As fast as one week. Well-documented deals have funded in 3 to 5 business days, and many close without a formal appraisal.
Do you work with Hudson County 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