Hard Money Loans in Long Island, NY
Find lenders offering hard money loans in the Long Island, including Hempstead, Huntington, Islip, and surrounding areas. Compare rates, terms, and programs from 15 lenders.
Which Hard Money lenders serve Long Island?
15 lenders offering hard money loans in the Long Island, NY area.
Anchor Loans
Thousand Oaks, CA
One of the largest hard money lenders in the US. Fix-and-flip, bridge, and rental loans. Fast closings with competitive terms for experienced investors.
Broadmark Realty Capital
Seattle, WA
Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.
Civic Financial Services
Redondo Beach, CA
Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.
Constitution Lending
NJ
Hard money lender focused on new investors. Fix-and-flip and bridge loans with 9.5-12% rates. No experience required. Up to 90% LTV for renovation.
Easy Street Capital
Austin, TX
Investment property lender specializing in fix-and-flip, bridge, and DSCR rental loans. Loans approved in 24 hours, close in 48 hours. Min credit score 600.
Groundfloor
Atlanta, GA
Real estate lending platform offering fix-and-flip and bridge loans. Crowdfunding model provides competitive rates for borrowers.
Lending One
Boca Raton, FL
National direct lender for real estate investors. Fix-and-flip, bridge, and 30-year DSCR rental loans. $5B+ in originations.
New Silver Lending
FL
Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.
Park Place Finance
TX
Direct private lender with 17+ years experience. $1B+ in loans closed. Bridge loans for fix-and-flip, refinance, and cash-out.
RCN Capital
South Windsor, CT
Nationwide private lender for fix-and-flip, bridge, and rental loans. Fast closings and flexible terms.
Residential Capital Partners
TX
Hard money lender offering up to 85% LTV with no down payment option. Rates starting at 8.5%. Mixed-use, single-family, and multifamily.
Stbridge Capital
Los Angeles, CA
Private money lender in California. Bridge, fix-and-flip, and ground-up construction loans. Fast closings for experienced investors.
Tidal Loans
Houston, TX
Texas-based private money lender. Hard money, bridge, and DSCR rental loans for real estate investors nationwide.
Aloha Capital
HI
Private lender offering DSCR rental loans with up to 80% cash-out refinance. Also provides bridge and fix-and-flip financing for investment properties.
Temple View Capital
UT
Private lender offering DSCR rental loans, bridge financing, and fix-and-flip loans for real estate investors. Fast closings with flexible qualification criteria.
What does the Long Island commercial real estate market look like?
Long Island's CRE market spans Nassau and Suffolk Counties, serving a suburban population of nearly 2.9 million with distinct commercial corridors along the Long Island Expressway (I-495), the Northern State Parkway, and Route 110 in Melville. The Route 110 corridor in Melville-Huntington is the island's premier office submarket, housing tenants in financial services, insurance, and technology, though the market has seen increasing vacancy as firms consolidate space. Industrial demand has strengthened significantly, with last-mile distribution facilities in high demand across both counties to serve the dense consumer base. The redevelopment of the Nassau Hub area around the former Nassau Coliseum site in Uniondale represents one of the largest mixed-use opportunities in the New York metro area.
Key Economic Drivers
- ●Route 110 corridor office cluster in Melville serving financial services, insurance, and technology tenants
- ●Last-mile logistics demand driven by e-commerce serving Long Island's 2.9 million suburban consumers
- ●Northwell Health, Long Island's largest private employer, generating medical office and ambulatory care facility demand
- ●Nassau Hub redevelopment at the former Coliseum site creating a potential mixed-use destination
Market Insight
Long Island's Industrial Development Agencies (IDAs) in both Nassau and Suffolk Counties offer PILOT agreements that can reduce property tax burdens by 50% or more for qualifying commercial projects, making them a critical underwriting consideration for CRE investors on the island.
How do hard money loans work in Long Island, New York?
Hard money loans are short-term, asset-based real estate loans used when speed and collateral matter more than full bank underwriting. They are common for fix-and-flip projects, distressed acquisitions, and short bridge periods before a sale or refinance. In the Long Island metro area, borrowers can access 15 lenders offering Hard Money financing, including Hempstead, Huntington, Islip, and surrounding areas. Loan amounts typically range from $50K to $10M with rates from 9% - 12%+.
Who should consider hard money loans?
- Fix-and-flip investors
- Distressed property acquisitions
- Auction or deadline-driven closings
- Short bridge periods before sale or refinance
What are the key requirements?
- Property or ARV support (often capped near 70-75%)
- Clear exit plan
- Cash for down payment, fees, and overruns
- Appraisal or valuation review
Advantages
- ✓Fast closings
- ✓Interest-only payments are common
- ✓Rehab funding is available on many deals
- ✓More flexible than bank underwriting
Considerations
- •Higher rates and points than bank or DSCR debt
- •Short terms with real refinance pressure
- •Property type and rural limits are common
- •Extension and draw fees can add up fast
Hard Money Loans in Long Island FAQ
How many Hard Money lenders serve Long Island, NY? ▼
What are Hard Money loan rates in Long Island? ▼
Is hard money the same as a bridge loan? ▼
Can I get a hard money loan with bad credit? ▼
Where else can I find hard money loans in New York?
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