Services
Hard Money Lender in New York
Manhattan Bridge Capital specializes in hard money loans to professional New York real estate investors in all 5 NYC Boroughs (Brooklyn, Queens, Bronx, Manhattan and Staten Island) as well as Long Island (Nassau and Suffolk Counties), Hudson Valley, Rockland and Westchester Counties, focusing on three types of properties.
Loans for new construction of one to three family homes
Loans to finance purchases and repairs for the purpose of quick sale also known as fix and flip
Bridge loans to purchase small income producing properties
Loans typically range from $100,000 to $2,000,000, and mature in less than one year. Borrowers are required to pay interest only on a monthly basis and the principal at maturity. We insist on a first mortgage position and personal guarantees from the principals of the borrower. In addition, we request, as added collateral, the equity position of the borrower’s principals in the borrower. We will lend up to 65% of the appraised value of asset collateral. We have never had a loan default.
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