Bridge Loan Lender in NYC for Property in Transition

We review the property and the exit in-house, then fund the bridge loan.

The contract date is real, and the building isn't stabilized. It may be mixed-use with work still open, or a multifamily portfolio that needs time before a sale or a longer loan. Send the address, the numbers, and the exit. We issue a term sheet in one hour.

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Based in New York City · Term sheet in one hour · Over $700 million funded in New York and New Jersey

Construction site with crane and building in New York City

NYC Deals That Need Bridge Capital

A Purchase with a Hard Closing Date

The seller's date won't wait for a bank to accept an open rent roll. We can fund the purchase while you carry out the plan you already underwrote.

Mixed-Use Property with Work Still Open

Construction or lease-up may still be unfinished. We look at the work left and your exit.

A Multifamily Hold Before a Sale or a Longer Loan

You may need to pay off a current lender or hold through a deadline. Bridge capital covers that gap. A later refinance is a separate review.

Residential property in transition in New York City

Who Reviews the File

Our lending team reviews each file in-house. Friends and family capital backs that decision, along with a $20 million Webster Bank credit facility. No outside committee stands between the file and the answer.

NYC Bridge Loan Terms

The rate is one part of the cost, and the closing date matters as much as the rate. We're not the cheapest quote.

Term	Range
Interest rate	From 10%
Loan term	6 to 24 months
Minimum loan amount	$250,000
Maximum LTV / LTC	Up to 70% ARV
Minimum FICO	620
Documentation	No doc
Property types	Most residential and mixed-use
Prepayment penalty	None
Experience required	None
Typical closing	3 to 10 days

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How a NYC Bridge File Moves

Send the address, the loan amount, the value, and the exit.
We review the asset in-house. A complete file gets a term sheet in one hour.
A typical bridge loan closes in 3 to 10 days, then we fund.

If you're a broker, submit the deal in your name. There's no upfront fee, and your client stays yours.

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Two Brooklyn Bridge Closings

These are Brooklyn loans. The funding record above covers New York and New Jersey, not a NYC-only total. Across that record, we've closed 1,400+ loans, with zero principal loss and a 68% repeat borrower rate.

On April 30, 2025, we closed a $2,760,000 bridge loan on mixed-use property in Brooklyn. Ruben Izgelov, Moses Suleymanov, and Solomon Suleymanov were on the file.

On July 1, 2026, we closed a $3,574,899 foreclosure-bailout bridge loan on four multifamily buildings in Brooklyn. The term was 12 months. Ruben Izgelov and Jeff Safi were on the file.

That July loan is a bailout. It isn't the standard bridge program in the table above.

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Residential buildings in the New York metro area

Where We Fund in NYC

We're based in New York City. Send a bridge file for Manhattan, Brooklyn, Queens, the Bronx, or Staten Island. The two closings above are in Brooklyn. We also lend in New Jersey and in other states.

Call +1 212 777 7780 or email info@welendllc.com.

Questions from NYC Investors and Brokers

What property types can this bridge program cover?

Our short-term bridge program covers most residential and mixed-use property. A foreclosure bailout on a larger multifamily portfolio is a separate file, not the standard table above.

How fast is the term sheet?

A complete file gets a term sheet in one hour. A more complex NYC file can take longer. The term sheet states the proposed amount, rate, and key conditions.

Do you require investor experience?

No. Our bridge program doesn't require prior deals. We still review the property, the value, and the exit.

How is a bailout different from a standard bridge loan?

A standard bridge loan follows the table on this page, including a typical close of 3 to 10 days. A foreclosure bailout is a rescue file. Our July 1, 2026 Brooklyn loan was that second type, with a 12-month term.

Can a broker submit the deal?

Yes. Send it in your name. There's no upfront fee, and we don't take the client relationship.

Do you lend in every borough?

Send a bridge file for Manhattan, Brooklyn, Queens, the Bronx, or Staten Island. The closings on this page are in Brooklyn.

Send the NYC File

Send the address, the numbers, and the exit. We'll review the asset in-house.

Submit Your NYC Bridge Deal

All loans are subject to underwriting, property review, due diligence, and final approval. Loan terms, rates, fees, leverage, and closing timelines vary by transaction.

A term sheet is not a commitment to fund. The one-hour term sheet and the 3 to 10 day closing apply when the file is complete and the deal qualifies. The July 1, 2026 Brooklyn loan was a foreclosure bailout. It is not an example of the standard bridge program.