How fast can you close a hard money loan in New York City?

Most loans close in 5 to 10 business days once title, lien searches and valuation are complete. Pre-approved borrowers can move faster.

Do NYC DSCR loans require tax returns?

No. Our DSCR loans qualify on the property's rental income and your credit, with no tax returns, W-2s or DTI calculation.

Can you finance a property with open DOB violations?

Often, yes. We look at the severity of the violations and how your scope of work will cure them rather than declining automatically.

Are short-term rentals eligible in NYC?

Because Local Law 18 limits unhosted rentals under 30 days, NYC rentals are underwritten on long-term market rents.

What credit score do I need for an NYC DSCR loan?

A minimum FICO of 680, with exceptions considered down to 660.

Our loans are business-purpose loans for investment property, typically closed in an entity such as an LLC.

Do you lend on two- to four-family homes in Brooklyn and the Bronx?

Yes. Our DSCR program covers single-family and 2–10 unit residential properties.

Lending Across All Five BoroughsHard Money & DSCR

Hard Money & DSCR Lenders in New York City

From brownstone gut renovations in Brooklyn to two-family rentals in the Bronx, NYC deals move fast and banks rarely do. Hedge Wealth Capital funds investors in every borough with private capital and in-house decisions.

Get Funded in NYC Call 1-800-674-3804

Hover or tap a pin to explore markets

Boroughs covered

100%

LTC on purchase + rehab

80%

Max LTV on rentals

Same Day

Approvals

Local Markets

Financing in Every NYC Borough

New York City is five very different markets. Here is where our investors are buying, renovating and holding.

Manhattan

Value-add condos, mixed-use buildings and gut renovations, especially in Upper Manhattan.

Harlem
Washington Heights
Inwood
East Village
Chelsea

Brooklyn

Townhouse restorations, single-to-multifamily conversions and small apartment buildings.

Bedford-Stuyvesant
Bushwick
Crown Heights
Flatbush
Bay Ridge

Queens

Diverse housing stock and steady long-term rental demand for buy-and-hold investors.

Astoria
Jackson Heights
Ridgewood
Jamaica
Flushing

The Bronx

Two- to four-family rentals and BRRRR projects that refinance into long-term debt.

Mott Haven
Kingsbridge
Riverdale
Pelham Bay
Soundview

Staten Island

Single-family and semi-detached homes for flips, additions and teardowns.

St. George
Great Kills
Tottenville
New Dorp
West Brighton

Available in New York City

NYC Loan Programs

Match the financing to your plan for the property.

Hard Money Loans

Buy and renovate with up to 100% of purchase and rehab, subject to an ARV cap. Ideal for brownstone and townhouse renovations.

DSCR Loans

Hold rentals in any borough on a 30-year fixed loan qualified on rent, not your tax returns.

Bridge Loans

Close quickly on mixed-use and multifamily acquisitions that need time before permanent financing.

Cash-Out Refinance

Pull equity from stabilized NYC rentals to fund your next purchase.

Local Insight

What NYC Investors Should Plan For

New York is a judicial foreclosure state, and many purchases involve co-op or condo boards, landmark rules or open building violations. Build extra time into your schedule and budget for permits through the Department of Buildings.

Every loan we make is business-purpose and closes in an entity such as an LLC. If you are refinancing, ask your closing attorney whether a CEMA (Consolidation, Extension and Modification Agreement) could reduce New York mortgage recording tax on the existing balance.

General information only, not legal advice. Confirm local rules with your closing attorney or title company.

Short-term rental rules

NYC's Local Law 18 restricts unhosted stays under 30 days, so we underwrite rentals on long-term rents.

Violations and permits

Open DOB or ECB violations are not automatically a deal-breaker; include their cure in your scope of work.

Attorney closings

NYC closings run through attorneys. Bring yours in early so title and lien searches don't hold up funding.

Your Route to Closing

How We Fund New York City Deals

1
Send the deal
Borough, address, price and your plan for the building.
2
Same-day approval
We review the property and your experience in-house.
3
Attorney & title
Your attorney clears title, liens and any violations.
4
Fund and build
Close in 5 to 10 business days, then draw rehab funds as work is done.