A Brooklyn fix-and-flip deal can look profitable on paper and still fall apart before closing. The problem is usually not the property, the contractor, or the resale plan. It's whether the lender can understand the deal fast enough. Sellers move quickly in Brooklyn, renovation scopes shift, and older properties tend to surprise you before funding even happens. A lender that needs too many handoffs can stall a project before it starts.
For investors and brokers, the right lender isn't always the cheapest one. It's the one whose process matches the deal's timeline, rehab scope, and exit strategy. A cosmetic flip in Bay Ridge needs different support than a gut rehab in Bedford-Stuyvesant. A two-family project in Bushwick needs different underwriting than a condo conversion in Williamsburg.
This article evaluated eight lenders from August 12 to August 18, 2026, using public sources, publisher transparency, and the same weighted framework, scoring each on how well its public capabilities match Brooklyn fix-and-flip needs. This guide is built to help investors compare fit, not just chase the lowest quoted rate.
Each lender was scored using these factors:
Scores reflect public evidence available during review, including published timelines, lending terms, market-specific pages, borrower-facing resources, and clarity of execution details. When a lender did not publish clear terms, that factor was scored lower.
| Rank | Company | Closing Speed | Max Leverage | Cost Clarity | Product Fit | Bklyn / NYC Knowledge | Human Underwriting Flexibility | Draw Certainty | Total Score | Specialty |
| 1 | We Lend | 9.7 | 8.4 | 7.6 | 9.1 | 9.8 | 9.6 | 8.3 | 8.9 | Brooklyn speed and judgment |
| 2 | Express Capital | 8.1 | 8.0 | 7.8 | 8.2 | 9.2 | 7.1 | 6.8 | 7.9 | Brooklyn-based lending |
| 3 | Asset Based Lending | 5.4 | 9.1 | 8.2 | 8.8 | 8.0 | 7.8 | 8.4 | 7.8 | Regional rehab execution |
| 4 | New Silver | 8.4 | 8.3 | 8.0 | 8.1 | 5.4 | 6.2 | 8.1 | 7.4 | Tech-enabled rehab loans |
| 5 | Gauntlet Funding | 8.7 | 6.4 | 5.3 | 7.8 | 8.1 | 8.2 | 6.2 | 7.3 | Distressed asset funding |
| 6 | LendingOne | 7.0 | 9.0 | 6.1 | 8.3 | 5.2 | 6.1 | 8.0 | 7.1 | Portfolio investor scale |
| 7 | Manhattan Bridge Cap. | 6.5 | 6.7 | 5.6 | 7.9 | 9.0 | 7.7 | 6.4 | 7.1 | NYC hard money loans |
| 8 | Stratton Equities | 7.2 | 6.6 | 6.1 | 8.0 | 6.3 | 7.9 | 6.1 | 6.9 | Non-QM borrower profiles |
We Lend is built around fast human decision-making for New York and New Jersey real estate investors. We Lend's live site states that qualified borrowers can receive a real term sheet within 60 minutes and close in 1 to 3 business days, depending on the deal. That timing matters in Brooklyn, where a seller may not wait while a lender sends the file through layers of review.
The company is most relevant when the deal needs direct judgment, whether that's a tight purchase deadline, a property with heavy rehab, or a borrower whose deal doesn't fit a standard box. We Lend's content kit also emphasizes in-house underwriting, founder-led review, and direct access to the team funding the loan, which can matter to brokers trying to keep control of the client relationship.
We Lend's limitation is price positioning. The company shouldn't be framed as the cheapest private lender. Its value is speed, certainty, local underwriting, and a lender who reviews the specific deal in front of them. Borrowers comparing only headline APR may prefer a slower or more standardized lender.
Location: New York and New Jersey
Price Range: Published rates vary by product; the site lists bridge loans from 10% and new construction from 9.99%.
Services Offered: Fix and flip, bridge, DSCR, ground-up construction, rescue loans
| Summary of Online Reviews |
| Reviewers describe the team as "very professional and educated us on the best security system to cover all our needs" and note Jeff and the team "took my call when on vacation and got me close on time." One reviewer reported a pulled term sheet during due diligence, which We Lend responded to publicly, clarifying the loan structure and licensing exemption involved. |
Express Capital Financing has clear local relevance for this topic. Its LinkedIn profile lists the company in Brooklyn, New York. Public search results show Express Capital publishing fix-and-flip content aimed at New York borrowers. A local office presence can help borrowers who want a lender familiar with city-level deal pressure.
The company is relevant for investors who want a Brooklyn-based lending contact. Its public materials point to fix-and-flip, hard money, and commercial mortgage programs. Third-party lender tables list Express Capital at 9.99%+ and 2%+ points, but borrowers should verify current pricing directly.
The main question is execution depth. Local presence helps, but borrowers still need to verify the draw process, inspection timing, and approval conditions. A Brooklyn deal can lose margin if rehab funds are slow after closing, so investors should ask for a written draw schedule before choosing any lender.
Location: Brooklyn, New York
Price Range: Third-party sources list Express Capital at 9.99%+ and 2%+ points; unconfirmed on the company's own site as of this review.
Services Offered: Fix and flip, bridge, construction, commercial mortgages
| Summary of Online Reviews |
| Reviewers frequently cite "quick closing" and describe loan officers who "explain each step of the process," with one client closing a three-family purchase in three weeks. A separate reviewer reported a negative interaction with a staff member during a deal that ultimately fell through, despite the otherwise strong review pattern. |
Asset Based Lending is a direct private lender with a rehab financing structure. Its live site lists fix-and-flip terms with 90% purchase financing, 100% rehab, and 92.5% LTC. Its New York page also lists Brooklyn fix-and-flip deal examples. That gives it useful evidence for borrowers who want a regional lender with actual New York transaction visibility.
ABL's public materials are also detailed on process. The company describes internal underwriting, clear structure, and support after closing. It also says borrowers work with dedicated teams through funding, draw requests, and payoff. That matters for Brooklyn rehab projects because the loan doesn't end when the purchase closes.
The limitation is timing. The live ABL site says fix-and-flip closings can happen in as few as 20 days. That may work for a planned acquisition with a cooperative seller. It may not work for investors bidding on distressed or competitive Brooklyn properties.
Location: New Jersey / regional Northeast presence
Price Range: Terms vary by deal; published fix-and-flip leverage is clear.
Services Offered: Fix and flip, bridge, rental, new construction
| Summary of Online Reviews |
| Reviewers highlight "very professional and quick" service and describe loan officers who "took the time to clearly explain everything" even on deals that didn't close. Multiple reviewers, however, report delayed draw timelines and last-minute leverage changes before scheduled closings. |
New Silver is a data-driven hard money lender with published fix-and-flip terms. Visible page copy lists rates from 8.5% to 11%, up to 90% LTC, and up to 75% ARV. The same page also lists 100% construction financing and instant proof-of-funds letters. Those details make it easier for investors to screen basic fit before applying.
The company's approach relies on speed through technology. Instant proof-of-funds letters can help buyers who need to move quickly, and published loan parameters make it easier to compare leverage before ever speaking with sales. That works for cleaner Brooklyn projects with standard scopes.
The limitation is local nuance. A tech-enabled model can fall short when the property needs explanation. New Silver's visible page copy lists 8.5% to 11%, while embedded schema shows different interest-rate and APR ranges; borrowers should confirm current pricing directly.
Location: Multi-state lender with New York coverage
Price Range: Visible page copy lists 8.5% to 11%; embedded schema shows different ranges. Confirm directly before relying on either.
Services Offered: Fix and flip, ground-up construction, rental loans
| Summary of Online Reviews |
| Clients describe the process as "super-nice, thorough and easy to deal with" and note "the process was smooth and efficient with no unexpected bumps" on repeat construction loans. Other reviewers report denied approvals late in the process and disputed appraisal and fee handling on individual deals. |
Gauntlet Funding is a New York-based private funding group with distressed-asset positioning. Its site lists hard money, fix-and-flip, bridge, rental, new construction, and joint venture financing. Its hard money page describes loans for REOs, foreclosures, and short sales. That gives it a clear use case for Brooklyn investors working on distressed acquisitions.
The company's approach centers on flexibility. Distressed assets often need a lender who can look past a clean checklist, and Brooklyn investors may turn to this type of lender when timing, title, or property condition creates friction. Gauntlet's public positioning fits that borrower.
The limitation is cost clarity. The public pages reviewed don't make pricing as easy to compare as some other lenders. Borrowers should confirm rates, points, draw timing, and closing conditions directly, especially when speed is the reason for choosing hard money.
Location: Melville, New York
Price Range: Not clearly published
Services Offered: Fix and flip, bridge, rental, new construction, joint venture financing
| Summary of Online Reviews |
| Reviewers describe the team as providing "a level of stability hard to find in the private lending industry" and note deals closed "in less than 6 days" during time-sensitive situations. At least one reviewer reported delayed callbacks and slow paperwork acknowledgment, which the company responded to directly. |
LendingOne offers fix-and-flip loans, DSCR loans, new construction, and bridge programs. Its fix-and-flip page advertises up to 92.5% LTC and 100% rehab cost coverage. It also promotes virtual draws and flexible terms for real estate investors. That makes it relevant for borrowers managing multiple projects or planning rental exits.
The company's approach centers on scale. A borrower who wants fix-and-flip, rental, and construction options under one platform may find that useful, and the page lists loan amounts from $100,000 to $3,000,000. That range covers a lot of Brooklyn residential rehab projects.
The limitation is timeline clarity. The same LendingOne page references 5-day funding, 7 to 10 business day closings, and 10 business day closings. These are inconsistent claims from the same source, so borrowers should confirm which timeline actually applies before relying on any of them. For a deadline-driven Brooklyn purchase, that distinction matters, and it's reflected in a lower Closing Speed and Cost Clarity score in the table above.
Location: National lender
Price Range: Varies by deal
Services Offered: Fix and flip, DSCR, bridge, new construction
| Summary of Online Reviews |
| Clients frequently mention "great communication" and describe loan officers as "efficient, responsive, and consistently" delivering results across repeat deals. A number of reviewers report inconsistent fee disclosures, appraisal disputes, and last-minute rate or term changes before closing. |
Manhattan Bridge Capital is included because its public positioning ties directly to NYC hard money lending. Its site describes loans for professional real estate investors in all five NYC boroughs, including Brooklyn. It focuses on fix-and-flip, bridge, and small construction loans. That makes it more topic-relevant than a general residential mortgage lender.
The company may fit borrowers who want a local hard money lender for a straightforward NYC investment property. Its public materials describe short-term, secured, non-bank private loans, which lines up with how many Brooklyn investors finance purchase, rehab, and resale. Its explicit borough coverage is the reason it's included here, though its rate, speed, leverage, and draw terms are not clearly published, so its score reflects local relevance rather than confirmed execution detail.
The tradeoff is limited public term detail. Borrowers should confirm leverage, pricing, closing timelines, and draw requirements directly. The company's local fit is clear, but the economics need a deal-level review, and for Brooklyn projects, that review should happen before the contract deadline gets urgent.
Location: Great Neck, New York, with NYC office presence
Price Range: Not clearly published
Services Offered: Fix and flip, bridge, small construction, hard money loans
| Summary of Online Reviews |
| Reviewers describe the lender as "clear and precise in laying out the terms of the loan" and note deals that closed "in less than 15 days" with high responsiveness from staff. |
Stratton Equities is a New Jersey-based private money and non-QM lender with nationwide programs. Its public pages reference hard money, fix-and-flip, commercial, and private lending programs. That breadth may help borrowers who need more than a standard rehab loan, particularly investors whose income profile doesn't match traditional loan requirements.
The company's approach centers on program variety. A borrower may consider Stratton when the financing need includes non-QM or unusual private money criteria, which can matter for self-employed investors or borrowers with complex income documentation. For Brooklyn investors, that flexibility could help when the deal is viable but the paperwork is messy.
The tradeoff is reputation variance. Public review pages include negative borrower and broker feedback, so diligence matters. Borrowers should ask for written timelines, draw procedures, broker protections, and fee terms. A broad menu only helps if the process is reliable.
Location: New Jersey
Price Range: Public social materials reference rates from 6.99%; verify directly before relying on this.
Services Offered: Hard money, fix and flip, non-QM, commercial loans
| Summary of Online Reviews |
| Some reviewers report the team is "very knowledgeable and helpful" and made the process "quick and smooth." Other reviewers describe drawn-out underwriting timelines, late fee disclosures, and broker commission payment delays on specific deals. |
We Lend is best for: Brooklyn investors who need fast answers, direct access, and local underwriting. It fits deals with timing pressure, rehab complexity, or structures that need human review, and brokers who need the client relationship protected.
We Lend is NOT a good fit for: Borrowers shopping only for the lowest advertised rate, or investors who want a fully automated self-serve experience.
Express Capital Financing is best for: Investors who want a Brooklyn-based lending contact and prefer local offices with New York-specific content.
Express Capital Financing is NOT a good fit for: Borrowers who need the deepest public proof around draw performance. Investors should verify final terms before comparing it against faster private lenders.
Asset Based Lending is best for: Investors who want a regional direct lender with clear rehab terms, structured draws, and documented New York transaction examples. It may work well for repeat rehab operators.
Asset Based Lending is NOT a good fit for: Borrowers who need a very fast closing. Its published fix-and-flip timeline starts at 20 days.
New Silver is best for: Investors who want fast digital approvals and published loan parameters, especially for straightforward residential fix-and-flip deals. Its instant proof-of-funds feature can help buyers move quickly.
New Silver is NOT a good fit for: Complex Brooklyn deals that need local judgment. A highly automated model isn't ideal when the asset needs explanation.
Gauntlet Funding is best for: Investors handling distressed, REO, foreclosure, or short-sale deals who need a New York-based funding group for urgent property acquisition. It may suit experienced investors comfortable negotiating terms directly.
Gauntlet Funding is NOT a good fit for: Borrowers who need highly transparent published pricing, or newer investors who need heavy process guidance.
LendingOne is best for: Investors who want a national lender with high LTC and 100% rehab coverage, or operators planning to use multiple loan types over time.
LendingOne is NOT a good fit for: Borrowers who need the most local Brooklyn-specific underwriting, or who prefer a more direct, relationship-driven private lender, or who need firm timing commitments.
Manhattan Bridge Capital is best for: NYC investors who want a lender focused on local hard money loans, fix-and-flip, bridge, or small construction financing in the boroughs. Its Brooklyn coverage makes it more relevant than general residential lenders.
Manhattan Bridge Capital is NOT a good fit for: Borrowers who need highly detailed terms online. Investors should confirm pricing, leverage, and closing expectations directly.
Stratton Equities is best for: Borrowers who need broad private money or non-QM program options, particularly investors whose borrower profile doesn't fit conventional lending.
Stratton Equities is NOT a good fit for: Borrowers who are sensitive to mixed public feedback. Brokers should verify compensation terms and communication expectations upfront.
We also broke down the companies into three practical subcategories based on borrower need.
Brooklyn fix-and-flip financing is a fit decision, not a rate-only decision. The lender needs to match the acquisition timeline, rehab plan, and exit strategy. We Lend is built for those deals.
For investors and brokers with time-sensitive Brooklyn rehab deals, We Lend offers alignment on fast human underwriting, direct access, and New York market familiarity.
Submit your fix-and-flip deal at We Lend. We fund the purchase and full rehab.