The Top Fix-and-Flip Lenders for New York Investors in 2026

Fix-and-flip investing in New York moves on tight timelines and thin margins. Acquisition prices are high, renovation windows are short, and a lender who stalls at term sheet can cost an investor the deal or the deposit. Private and hard money loans fill the gap that conventional financing can't: they close in days rather than months, they underwrite the asset rather than just the borrower's W-2, and they carry enough flexibility to handle the deal types that banks decline. For real estate investors and mortgage brokers working deals across New York and the broader market, choosing a fix-and-flip lender comes down to three things: how fast the term sheet lands, whether the team that approves the deal is also the one funding it, and what the loan actually costs once all points and fees are counted.

Between January and July 2026, our research team evaluated 23 private and hard money lenders with active fix-and-flip programs for real estate investors in New York. We scored and rank-ordered the five top performers based on the following criteria:

• Underwriting model and deal certainty (28%): Whether the same human team that reviews a deal also funds it, and whether underwriting stays in-house with no handoffs to outside committees or approval chains.
• Speed of execution (22%): Time to term sheet and realistic time to close, verified against each lender's published timelines and stated processes.
• Track record and borrower retention (18%): Funded volume, number of loans closed, repeat borrower rate, and any disclosed data on principal loss or defaults.
• Geographic reach and program range (15%): Number of states served and breadth of loan product types available to investors.
• Capital source and stability (10%): Whether the lender's capital base is relationship-backed, balance-sheet funded, or dependent on secondary markets and third-party approvals.
• Rate transparency (7%): How clearly and immediately the lender publishes or discloses its rate range to a first-time visitor.

We rank-ordered the five highest-scoring lenders using the weighted model. The table below shows the scores. In-depth summaries for each lender follow.

The Top Fix-and-Flip Lenders for New York Investors and Mortgage Brokers in 2026

In the table below, we break down each lender across all six criteria, with a short "What Sets Them Apart" descriptor to clarify each placement in plain terms.

We Lend, for founder-led in-house fix-and-flip and rescue lending

We Lend was founded in 2018 by Ruben Izgelov, a real estate investor who had bought, flipped, and developed property before building a lending company around those same workflows. Brian Sachs serves as Director of Underwriting. The two of them, along with their team, review every deal and fund it directly. There is no credit committee to route a file through, no approval chain waiting for a sign-off from a capital partner. When an investor submits a deal, the people reading it are the people writing the check. Term sheets arrive in 2 to 4 hours (subject to underwriting). Most fix-and-flip loans close in 5 to 7 days from appraisal receipt. For deals in genuine distress, the rescue loan program closes in 48 hours.

The capital behind We Lend's loans comes from a friends-and-family investor base supported by a $20M Webster Bank credit facility, a structure that keeps decisions inside the organization. Published fix-and-flip pricing across We Lend's recent materials has ranged from 8.75% to 12.0%, with origination typically from 1.5% to 2.0% and no upfront fees. Loan sizes run from $150,000 to $15,000,000. Final pricing is subject to underwriting. The program funds up to 90% of acquisition costs and 100% of rehab. The company has funded over $700M across 1,400+ loans since 2018, with a 68% repeat borrower rate and zero principal loss on record. It operates in 46 states, with deal concentration in New York, New Jersey, and the broader tri-state market, and covers bridge loans, fix and flip, DSCR, ground-up construction, and rescue financing. Featured in Forbes, Business Insider, MarketWatch, The Real Deal, Crain's, and Commercial Observer, the company has a documented media footprint that backs its track record claims.

• Location: New York, NY
• Year Founded: 2018
• Price Range: 8.75% to 12.0% (range across published materials; subject to underwriting); origination typically 1.5% to 2.0%; loan sizes $150K to $15M
• Average Review Score: Not publicly aggregated
• Services Offered: Bridge loans, fix and flip, DSCR, ground-up construction, rescue loans

Stormfield Capital, for Northeast balance sheet lending with no third-party approvals

Stormfield Capital is a private credit platform co-founded by Wesley Carpenter and Timothy Jackson, both carrying institutional real estate credit backgrounds. The company describes itself as a true balance sheet lender: all underwriting, credit decisions, and servicing happen in-house from first review through loan payoff, with no third-party approvals or capital markets reliance. Fix-and-flip loans close in 7 to 10 days. The company's digital portal lets investors price and size a loan, submit an application, and request draws online, which reduces back-and-forth on documentation.

Stormfield reports $2B+ in principal funded, 2,000+ closed loans, and a 75% repeat borrower rate. Its geographic strategy is concentrated: Connecticut, Massachusetts, and New York are the primary markets, with some national reach for the right deal. Fix-and-flip rates start from 8.99%, per the company's own published terms and multiple third-party lender profiles, with reported points from 0 to 2.00%. The company also writes residential bridge, new construction, and multifamily value-add loans, as well as commercial bridge loans for transitional assets.

• Location: Northeast (primary: CT, MA, NY)
• Year Founded: Not disclosed (10+ years in operation)
• Price Range: From 8.99%; points 0 to 2.00%
• Average Review Score: Not publicly aggregated at time of research
• Services Offered: Fix and flip, residential bridge, new construction, multifamily value-add, commercial bridge

Center Street Lending, for nationally scaled residential fix-and-flip with published rate floors

Center Street Lending was founded in 2010 and positions itself around residential investor lending at national scale. Its website at time of research cited $7.8B+ in loans funded across 9,750+ projects and 16+ years in operation. It holds a 4.8/5 score on Google reviews. Fix-and-flip loans carry rates starting at 8.75%, terms of 6 to 24 months, and LTC up to 95% (subject to underwriting). The minimum loan size is $200,000, with a minimum credit score of 650.

All draws and loan servicing are handled in-house. The company covers the majority of U.S. states and publishes dedicated location pages for New York and the New York City metro area. Its product set includes fix and flip, new construction, bridge, and DSCR loans. The company is headquartered in California (Irvine area), which means New York deals are handled remotely rather than from a regional office, and investors who prefer a lender embedded in the local market may notice that distance in the relationship.

• Location: Irvine, CA (serves NY and nationwide)
• Year Founded: 2010
• Price Range: Rates from 8.75%; LTC up to 95% (subject to underwriting)
• Average Review Score: 4.8/5 (Google, per company site)
• Services Offered: Fix and flip, new construction, bridge, DSCR, short-term rental

Malve Capital, for transparent-rate direct lending in the New York market

Malve Capital is a Port Washington, New York-based direct private lender founded in 2022 by Aryia Bala. The company publishes its rates directly on its homepage: starting at 9%, points of 1 to 2%, loan sizes from $50,000 to $10,000,000. Malve advertises no traditional minimum FICO barrier and emphasizes soft credit checks rather than hard pulls, though credit profile may still affect leverage and final terms. No tax returns, W-2s, or bank statements are requested. Its model strips the documentation burden down to property address, purchase price, and construction budget, and it advertises closings in as fast as 5 business days, subject to clear title.

Loan terms run 12 to 24 months with no prepayment penalty. Programs cover acquisition, fix and flip, refinance, and ground-up construction for single-family, multi-family, townhomes, condos, and commercial properties in the New York market. Because the company launched in 2022, its track record is shorter than most lenders on this list, and its geographic reach is primarily New York rather than multi-state. Borrowers who review Malve publicly mention direct team member access and same-contact-throughout handling.

• Location: Port Washington, NY
• Year Founded: 2022
• Price Range: Rates from 9%; points 1 to 2%
• Average Review Score: Not publicly aggregated at time of research
• Services Offered: Acquisition, fix and flip, refinance, ground-up construction

Gelt Financial, for hard-to-place commercial and investment deals since 1989

Gelt Financial has operated as a direct private portfolio lender since 1989 and has closed 10,000+ loans. Loan sizes run $50,000 to $2,000,000, with closing times of 3 to 7 business days. No minimum credit score is required, and no appraisal is needed on most deals. LTV caps at 65% of current value, though the company can go higher with additional collateral. Borrowers deal directly with decision-makers rather than processors or intermediaries, a positioning the company has used since its founding.

Gelt covers most states but excludes AK, AZ, CA, HI, ID, MN, ND, NV, OR, SD, UT, and VT. Its programs include purchase, refinance, renovation, and foreclosure bailout financing, with a focus on commercial and investment real estate rather than purely residential fix and flip. Investors working on higher-complexity deals, distressed assets, or situations where traditional lenders have declined may find Gelt's experience with unusual collateral useful. The loan size ceiling of $2M does limit its usefulness for higher-value projects in New York's competitive metro markets.

• Location: Boca Raton, FL (serves NY and nationwide, with state exclusions noted above)
• Year Founded: 1989
• Price Range: Not published as a rate range (deal-by-case pricing; contact required)
• Average Review Score: Not publicly aggregated at time of research
• Services Offered: Hard money loans, bridge loans, renovation financing, foreclosure bailout, debtor-in-possession financing

The Top Fix and Flip Lenders for Investors in New York by Subcategory

We also broke down the top lenders into three subcategories based on reader intent and deal type.

The Top Fix and Flip Lenders for Investors in New York by Speed of Execution

Speed in private lending is measured at two moments: the term sheet and the close. Some lenders are fast at one but slow at the other.

1. We Lend — Term sheets in 2 to 4 hours (subject to underwriting); most fix-and-flip loans close in 5 to 7 days from appraisal; rescue loans close in 48 hours. No approval chain sits between the underwriting review and the funded loan.
2. Gelt Financial — Closes in 3 to 7 business days. No appraisal requirement on many deals can accelerate the documentation stage.
3. Malve Capital — Advertises closings in as fast as 5 business days, subject to clear title. Minimal documentation requirements reduce the back-and-forth.
4. Center Street Lending — In-house draw and servicing teams support fast turnarounds after commitment; investors report closings in a few days.
5. Stormfield Capital — Fix-and-flip loans close in 7 to 10 days, supported by upfront underwriting that locks terms consistent from approval through close.

The Top Fix and Flip Lenders for Investors in New York by Complex and Distressed Deals

Not every deal is a clean acquisition. Some are rescues, some are distressed assets, and some come with the kind of file that makes conventional lenders walk away.

1. We Lend — Dedicated rescue loan program with a 48-hour close. The team has worked through 1,400+ loans across 46 states, with deal concentration in New York and the tri-state market, and actively closes condo conversions, foreclosure bailouts, partner buyouts, and debtor-in-possession financing alongside standard fix and flip.
2. Gelt Financial — Foreclosure bailout financing available. No minimum credit score. No appraisal required on many deals. In operation since 1989, with 10,000+ closed loans across complex collateral situations.
3. Malve Capital — Minimal credit barrier; Malve advertises soft credit checks rather than a hard FICO minimum, with underwriting centered on property value and deal economics. No income verification documents required.
4. Stormfield Capital — Fully discretionary balance sheet capital means no third-party approval is needed for non-standard deals. The company funds transitional CRE and value-add multifamily in addition to residential fix and flip.
5. Center Street Lending — States or deal types outside its standard program can be handled case by case. In-house draw and servicing teams manage the process regardless of complexity.

The Top Fix and Flip Lenders for Investors in New York for Repeat Investors

A first deal is a test of whether a lender can execute. A second deal is a vote of confidence. The lenders below have documented repeat borrower bases.

1. We Lend — 68% repeat borrower rate across 1,400+ loans. Experienced borrowers access exclusive loan options and white-glove execution, per the company's site.
2. Stormfield Capital — 75% repeat borrowers, with a relationship-driven model. The same team handles the deal from underwriting through payoff, which reduces re-education on every new loan.
3. Center Street Lending — 4.8/5 on Google reviews across 16+ years and 9,750+ projects. In-house servicing keeps the borrower relationship inside the organization rather than routing it to a servicer.
4. Malve Capital — Borrower reviews on the company site include at least one account of 6+ deals completed within 8 months, suggesting the same-contact, minimal-documentation model is working for active investors.
5. Gelt Financial — Published testimonials on the Gelt site include a borrower relationship spanning 17 years. The company's 10,000+ loan history since 1989 reflects a stable borrower base over time.

Have a deal? Apply now or call +1 212 777 7780. Term sheets in 2 to 4 hours.