Hard money lender in Miami, FL
GPS Capital is a direct hard money and private lender for investment property across Miami and Miami-Dade County. We finance purchases, refinances, fix-and-flip projects and rehab - including non-warrantable condos and luxury or waterfront homes that banks will not touch. We underwrite every deal in-house, and a well-documented South Florida deal can close in as fast as one week.
Miami 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 review condos, single family homes, multifamily, mixed-use and commercial property across Miami-Dade - Downtown, Brickell, Wynwood, Little Havana, Miami Beach, Coral Gables, Hialeah, Kendall, Homestead and everywhere in between. For regional coverage beyond Miami-Dade, see our dedicated South Florida site at southflorida.gpscapllc.com.
Built for Miami deals
Miami investors face problems bank lenders walk away from: condos in buildings that fail warrantability checks, foreign-national buyers who need speed, auction and off-market purchases with hard deadlines, and rehabs that need draws on a real schedule. Asset-based underwriting solves all four - we lend on the property and the plan, not on tax returns or credit scores.
How it works
- Send the deal - call 718-247-8863, email Deals@gpscapllc.com or use the form.
- 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, no formal appraisal required in many cases.
FAQ
Miami FAQ
Who is a direct hard money lender in Miami?
GPS Capital is a direct private lender financing Miami-area investment property, with hard money and bridge loans from $500K to $20M. We have lent nationwide since 2003 and run a dedicated South Florida program at southflorida.gpscapllc.com.
What are hard money loan rates in Miami?
GPS Capital's Miami hard money and bridge loans run 9.99% to 12.99% with 1 to 2 points, up to 70% of after-repair value, typically on 12-month terms. Every deal is priced on its own merits.
Can I get a hard money loan on a non-warrantable condo in Miami?
Yes. Non-warrantable condos are a core part of our South Florida business. We underwrite the unit and the building ourselves instead of applying bank warrantability rules.
How fast can a hard money loan close in Miami?
As fast as one week. Well-documented South Florida deals have funded in 3 to 5 business days, and term sheets usually go out the same business day.
Does GPS Capital lend to foreign nationals in Miami?
We underwrite the property and the deal, not your credit history or income documents. There is no minimum credit score. Contact us to confirm the specifics of your scenario.
Do Miami hard money loans cover rehab costs?
Yes. Fix-and-flip and rehab financing is underwritten on after-repair value, up to 70% of ARV, with the renovation plan built into the loan structure.
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