Block-by-block value swings
Schenectady is where out-of-area lenders get the ARV wrong. We underwrite each neighborhood on its own merits.
Schenectady County · Direct Private Lender
Hard Money & Private Money Lender in Schenectady, NY
Private money loans from $100,000 to $400,000 for Schenectady fix-and-flip, buy-and-hold, and cash-out refinance deals. Local lender, local decision, no junk fees.
Local Underwriting
What We Know About Lending in Schenectady
Entry price points
Lower acquisition costs make rehab discipline the deciding factor. Our $75,000 rehab cap keeps projects in a range that actually finishes.
How renovation draws work
Approved renovation funds are advanced as work is completed and documented, and interest generally applies only to funds actually advanced. Draw timing depends on documentation, inspections, and project conditions.
Neighborhoods and areas we fund in Schenectady
StockadeUpper Union StreetBellevueMont PleasantWoodlawnGE Realty PlotRotterdamNiskayunaGlenvilleScotiaAmsterdam
Loan terms for Schenectady investors
- Loans from $100,000 to $400,000
- 12-month interest-only loans, with a 3-month minimum interest amount
- 12%–14% interest, interest only; 1–3 points, depending on the transaction
- Purchase financing may be available up to 90% of the purchase price for qualifying transactions
- Renovation financing may be available in arrears, subject to approval and project conditions (budgets generally up to $75,000)
- Renovation draws are advanced as work is completed and documented; interest generally applies only to funds advanced
- $48 credit and background check, paid directly to TransUnion
One call, one decision maker
We are a direct lender using our own funds, based right here in the Capital Region. No brokers, no credit committee, no out-of-state processing team. Call and you speak with the person who approves your loan.
Call the Decision-MakerRecently funded nearby
Colonie, NY
Fix & Flip
Stillwater, NY
Fix & Flip
Ballston Lake, NY
Fix & Flip