The Best Fix and Flip Lenders in New York of 2026

Between January and June 2026, we reviewed 23 private lenders active in the New York fix and flip market, gathering published loan terms, verified closing timelines, publicly recorded transaction data and borrower feedback. We scored each lender across seven factors and identified the top performers for investors working deals in the five boroughs.

The seven scoring factors and weights used in this analysis:

• NY Metro Market Depth (20%): Documented transaction volume and market knowledge specific to New York
• Closing Speed (20%): Verified or published time from executed term sheet to funded loan, as stated on lender websites or confirmed through third-party data
• Fix and Flip Loan Terms (15%): Rate range, loan-to-cost leverage, maximum loan size, and rehab coverage as the combined measure of capital accessibility
• Average Borrower Review Score (15%): Aggregated from Trustpilot, Bankrate, and Google; sample size disclosed on every entry, including the publisher
• Deal Complexity Acceptance (15%): Capacity to fund rescue loans, condo conversions, vertical expansions, and structures that institutional lenders routinely decline
• Repeat Borrower Rate (10%): Repeat transaction history with the same lender
• In-House Underwriting (5%): Direct underwriting removes third-party bottlenecks and enables same-day credit decisions on complex deal structures

In the table below, we break down the best fix and flip lenders in New York across all seven scoring factors.

† Limited public review sample: score treated as directional, not as a definitive ranking signal.

‡ No established public review profile found at time of research: factor scored at the table midpoint (7.0/10) in the composite algorithm.

We Lend, for complex NYC fix and flip deals

We Lend is a founder-led private lender headquartered in New York City that states it has funded over $700 million across more than 1,400 loans in New York. The firm was built on friends and family capital, supported by a $20 million Webster Bank credit facility, and states it has maintained zero principal loss since founding in 2018. That structure matters: loan decisions come from the same people who hold the risk, not from a credit committee reviewing a file from another state. The firm reports a 68% repeat borrower rate, a figure that, according to We Lend, no institutional competitor operating in this market has publicly matched.

The fix and flip program funds up to 90% of acquisition and 100% of rehab costs, with loans from $150,000 to $15,000,000 and closings in 5 to 7 days from appraisal. Rates run 10.75% to 12.0% with 1.5% to 2.0% origination and no upfront fees. Those rates are above some national platforms, and that is the honest trade: you pay for certainty of execution, in-house underwriting decisions made the same day, a lender reachable by phone, and the ability to close deals that would be declined anywhere else. In the past 12 months, We Lend recorded 75 closed loans in New York per Elementix third-party transaction data. Beyond standard fix and flip, We Lend actively closes rescue and bailout loans, foreclosure bailouts, condo conversions, vertical and horizontal expansions, debtor-in-possession loans, and partner buyouts. For investors working complex deals in the New York metro, the product range is the broadest on this list.

Location: New York, NY
Year Founded: 2018
Rate Range: 10.75% to 12.0%
Average Review Score: 4.0/5.0 (Trustpilot)
Services Offered: Fix and flip, bridge, DSCR rental, ground-up construction, rescue and bailout loans

Stormfield Capital, for Northeast balance-sheet fix and flip

Stormfield Capital is a direct balance-sheet lender headquartered in Shelton, Connecticut, with core lending markets across nine Northeastern states including New York. The firm states it has funded over $1.75 billion in total principal and serves more than 500 investors. Fix and flip terms include rates from 8.99%, loans from $150,000 to $5,000,000-plus, up to 92.5% loan-to-cost and 75% loan-to-value, 12 to 18 month terms, and closings in 7 to 10 days. The firm explicitly funds and services every loan in-house on its own balance sheet, with no loan sales or third-party handoffs, and received the highest In-House Underwriting score in our analysis.

Stormfield's focus is fix and flip for all experience levels, including first-time investors with strong credit and liquidity. There is no published minimum FICO score, though credit is reviewed holistically and 640 is treated as a practical floor. Deal scope is primarily standard residential fix and flip: single-family, condo, townhome, and two-to-four-unit multifamily in investment properties only. Rescue loans, condo conversions, and complex urban deal structures are outside Stormfield's stated scope. No public review profile with sufficient volume was found at the time of research; borrower testimonials on the Stormfield website reference repeat use across three or more transactions.

Location: Shelton, CT
Year Founded: 2014
Rate Range: From 8.99%
Average Review Score: Limited public review sample
Services Offered: Fix and flip, bridge, ground-up construction, multifamily, commercial

Manhattan Bridge Capital, for NY-exclusive hard money

Manhattan Bridge Capital (Nasdaq: LOAN) is among the few publicly traded hard money lenders in the country, with a lending footprint restricted almost entirely to the New York metro area. The Nasdaq listing means Manhattan Bridge Capital operates with a level of financial transparency that private lenders do not match, and its exclusive New York metro focus earns it a 9.0/10 NY Metro Depth score. The trade-off is product depth: three loan types cover a smaller portion of the fix and flip market. Rates are not publicly disclosed, no specific closing timeline is advertised, and no public review platform had a sufficient sample for a scored rating at the time of research.

Location: Great Neck, NY
Year Founded: 1989
Rate Range: Not publicly disclosed
Average Review Score: Limited public review sample
Services Offered: Fix and flip, bridge, small new construction

New Silver, for AI-driven national hard money

New Silver is a technology-driven hard money lender founded in 2019 and headquartered in West Hartford, Connecticut. The firm uses a proprietary data platform to underwrite loans in under 10 minutes, generating instant term sheets and proof-of-funds letters without a hard credit pull. Fix and flip terms include rates from 9% to 11.0%, origination from 1% to 1.75%, up to 90% loan-to-cost, 100% construction financing, up to 75% after-repair value, and loans from $100,000 to $5,000,000 on one-to-four-unit residential properties, condos, and townhomes. Closings typically occur in 7 to 10 days, with no junk fees and interest-only payment structures. The firm calls itself an "institutional hard money lender".

New Silver lends nationally, including New York. The New York City borrower who needs same-day credit decisions on complex deal structures, rescue financing, or deals above $5,000,000 will hit limits here: the platform is built for high-volume, standard residential fix and flip, not for the deal types that require a decision-maker who knows the market firsthand.

Location: West Hartford, CT
Year Founded: 2019
Rate Range: 9% to 11.0%
Average Review Score: 4.6/5.0 (Trustpilot, 146 reviews)
Services Offered: Fix and flip, DSCR rental, ground-up construction

Upright, for experienced-investor fix and flip

Upright is a hard money lender founded in 2014 as Fund That Flip, a New York City-based marketplace platform, and rebranded as Upright in 2023. The firm is now headquartered in Cleveland, Ohio, and operates as a direct hard money lender backed by a retail investor marketplace. Fix and flip closings occur in 7 to 10 days. The firm funds up to 100% of construction costs, requires a loan-to-value of less than 70% of after-repair value, and requires each borrower to contribute at least 10% of their own equity per project. Upright explicitly requires four or more prior successful projects to qualify, which means the platform is built for experienced investors. Rates are not published on the website; borrowers receive pricing after submitting project details.

The 4+ project requirement means that Upright builds its underwriting around verified track records and detailed statements of work, producing fewer mid-project surprises for borrowers who meet the bar. No established public review profile with sufficient volume was found at time of research. For experienced investors with a documented track record who prefer a hard money lender that underwrites their history rather than just the asset, Upright is a credible national option.

Location: Cleveland, OH (founded 2014 as Fund That Flip, rebranded 2023)
Year Founded: 2014
Rate Range: Not publicly disclosed
Average Review Score: Limited public review sample, score treated as directional
Services Offered: Fix and flip, new construction, DSCR rental

CoreVest Finance, for fix and flip credit line at portfolio scale

CoreVest Finance is an institutional real estate lender founded in 2014 and headquartered in Irvine, California. The firm operates as a subsidiary of Redwood Trust (NYSE: RWT), a publicly traded mortgage REIT, which means CoreVest borrowers deal with institutional capital and institutional underwriting standards. The fix and flip product is a revolving credit line rather than a per-deal loan: qualifying investors receive a pre-approved facility from $250,000 to $30,000,000-plus, funded up to 90% loan-to-cost and 75% of after-repair value, eliminating repeated underwriting on subsequent deals. CoreVest also offers bridge loans and a rental portfolio product that allows investors to transition a completed flip into long-term financing within the same lender relationship.

The credit line model is CoreVest's strongest edge: investors who are executing multiple flips per quarter and need capital available on demand rather than re-underwritten per deal will find fewer bottlenecks here than with per-deal lenders. The trade-off is that CoreVest is built for volume operators, not individual investors doing one or two deals per year. The $250,000 minimum loan size and institutional qualification process shuts out earlier-stage investors. CoreVest's Trustpilot rating is 4.0/5.0 across 102 reviews, a moderate sample from institutional-scale borrowers. The New York Metro Depth score of 5.0/10 reflects a national lender with New York coverage rather than New York focus.

Location: Irvine, CA
Year Founded: 2014
Rate Range: Not publicly disclosed
Average Review Score: 4.0/5.0 (Trustpilot, 102 reviews; exact score within the 4-star band unconfirmed, treated as directional)
Services Offered: Fix and flip credit line, bridge, rental portfolio

Groundfloor Lending, for deferred-payment fix and flip

Groundfloor Lending is the direct borrower-facing lending arm of Groundfloor, a real estate fintech platform founded in 2013 and based in Atlanta, Georgia. Fix and flip terms include rates from 9.99%, 100% of renovation costs covered, up to 70% loan-to-after-repair value, terms from 6 to 18 months, a minimum 640 credit score, and closings in 7 to 14 days. The firm's most distinctive feature is the fully deferred payment structure: no monthly interest payments are required during the loan term. Interest accrues and is repaid at maturity or upon sale, which preserves cash flow during the renovation phase in a way that no other lender in this comparison offers. There is no prepayment penalty.

Groundfloor Lending underwrites based on the after-repair value of the property rather than personal income or employment, and the firm works with both new and experienced investors when a strong renovation plan and clear ARV are present. The platform lends nationally, including New York, though there is no specific NYC transaction concentration in published deal data. The 70% LTARV ceiling is conservative relative to some competitors and will require borrowers to bring more equity to closing on higher-value New York properties. No established public borrower review profile with sufficient volume was found at time of research; Groundfloor's investor-side (lender-facing) platform has separate review data that does not reflect borrower experience.

Location: Atlanta, GA
Year Founded: 2013
Rate Range: From 9.99%
Average Review Score: Limited public review sample (borrower-facing), score treated as directional
Services Offered: Fix and flip, bridge

The Top Fix and Flip Lenders in New York by Subcategory

We also broke down the top fix and flip lenders in New York into three subcategories based on specialty.

The Top Fix and Flip Lenders in New York for NY Metro Deal Depth

1. We Lend: 9.6/10 NY Metro Depth; 75 closed loans in New York in the past 12 months per Elementix; NYC dual-office presence; product range built specifically for NYC deal types including condo conversions, dense urban rehab, rescue scenarios, and deals no national platform will underwrite
2. Manhattan Bridge Capital: Lends exclusively in the New York metro across all five boroughs, Long Island, Westchester, Rockland, Hudson Valley; 35-plus years of uninterrupted New York lending with zero national geographic distraction
3. Stormfield Capital: New York is a core market alongside Connecticut; Northeast balance-sheet lender with in-house servicing and documented deal history across the region
4. Upright: Founded and originally headquartered in New York City as Fund That Flip; continues to lend actively in New York; NY market familiarity predates the 2023 rebrand
5. New Silver: Connecticut-based national lender with active New York deal history

The Top Fix and Flip Lenders in New York for Complex Deal Structures

1. We Lend: The only lender in this comparison with active programs in rescue and bailout loans, foreclosure bailouts, condo conversions, vertical and horizontal expansions, debtor-in-possession financing, and partner buyouts; deal complexity score is the highest in the table at 9.7/10
2. CoreVest Finance: Revolving credit line from $250,000 to $30,000,000-plus enables multi-deal investors to fund complex acquisition-to-renovation cycles without repeated underwriting; bridge and rental portfolio products extend the product range
3. Stormfield Capital: Multifamily and commercial bridge programs alongside fix and flip accommodate projects outside standard single-family scope; in-house servicing means they can adjust mid-project
4. Upright: New construction financing and a 4-plus project experience requirement produces an underwriting process built for investors who know how to execute; 100% construction financing available
5. Groundfloor Lending: Deferred payment structure and 0% down payment in qualifying scenarios support investors managing cash flow across multiple active projects simultaneously

The Top Fix and Flip Lenders in New York for Experienced Investors Building a Portfolio

1. We Lend: 68% repeat borrower rate across 1,400-plus funded deals; loan sizes from $150,000 to $15,000,000 accommodate portfolios at scale; DSCR rental and bridge programs support the full acquisition-to-hold cycle within the same lender relationship
2. CoreVest Finance: Revolving credit line removes the need to re-underwrite each deal for high-volume investors; rental portfolio product transitions completed flips into long-term holds within the same institutional relationship; loan sizes up to $30,000,000-plus serve larger portfolio operators
3. Stormfield Capital: Over $1.75 billion in total funded principal across 500-plus investors; true balance-sheet model means no loan transfers or servicer changes mid-portfolio; in-house servicing throughout the loan life keeps things consistent for investors running several deals at once
4. Upright: Four-plus project minimum means the borrower base skews toward experienced operators; repeat borrower profiles reduce underwriting friction on subsequent deals; marketplace model provides capital depth for investors running multiple deals concurrently
5. Manhattan Bridge Capital: 35-plus years of New York lending history and Nasdaq-listed financial transparency produce stable, predictable terms for repeat investors who prioritize accountability and local market consistency over product breadth

Submit Your New York Fix and Flip Deal

We Lend closes most fix and flip deals in 5 to 7 days. The team funds the purchase and the full rehab, up to 90% of acquisition and 100% of construction, with in-house underwriting and no approval chain to wait on. Over $700 million funded in New York, a 68% repeat borrower rate, and a team that picks up the phone.

If you have a deal in front of you, submit it at WeLendLLC.com now.