Private & Hard Money Lenders in New York County, NY
20 lenders funded 43 short-term investment-property loans in New York County in 2024 at a median rate of 7.33%. Ranked by verified loan volume — not paid placement.
New York County hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | Loan Funder LLC | 8 | 11.25% | — |
| 2 | Merchants Bank of Indiana | 4 | 8.58% | 1 |
| 3 | WEBSTER BANK, N.A. | 3 | 7.33% | 18 |
| 4 | Emigrant Funding Corporation | 3 | 6.88% | 6 |
| 5 | PNC BANK N.A. | 3 | 4.71% | — |
| 6 | JPMorgan Chase Bank, NA | 2 | — | 138 |
| 7 | AMALGAMATED BANK | 2 | — | 8 |
| 8 | WELLS FARGO BANK NA | 2 | — | 7 |
| 9 | Ice Lender Holdings LLC | 2 | — | 4 |
| 10 | Colorado Federal Savings Bank | 2 | — | — |
| 11 | Conventus Lending LLC | 2 | — | — |
| 12 | Dominion Financial Services, LLC | 2 | — | — |
| 13 | NATIONAL COOPERATIVE BANK, N.A. | 1 | — | 45 |
| 14 | Flagstar Bank NA | 1 | — | 4 |
| 15 | VALLEY NATIONAL BANK | 1 | — | 1 |
| 16 | First Ciitizens Bank and Trust | 1 | — | — |
| 17 | Genesis Capital, LLC | 1 | — | — |
| 18 | KIAVI FUNDING, INC. | 1 | — | — |
| 19 | LIMA ONE CAPITAL, LLC | 1 | — | — |
| 20 | StanCorp Mortgage Investors, LLC | 1 | — | — |
DSCR / long-term rental lenders in New York County
These lenders reported only longer-term (>36 month) business-purpose rental loans here in 2024— a different product from hard money, listed separately so the two aren't conflated.
Frequently asked questions
20 lenders reported short-term, business-purpose investment loans in New York County in 2024 verified lending records — 43 loans totaling $1234.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across New York County's active lenders was 7.33% in 2024, with per-lender medians ranging from 4.71% to 11.25%. Hard money runs well above conventional mortgage rates because loans are short, asset-based, and close fast.
Verified public lending records for 2024. We count originated, business-purpose loans on investment properties with terms of 36 months or less — the bridge and fix-and-flip products hard money lenders make. Rankings reflect verified loan counts, never paid placement.