Private Real Estate Loans for New York Investors
Sachem Lending provides short-term, asset-based loans to real estate investors and developers in Westchester, Putnam and Dutchess counties. We fund purchases, renovations and new construction on residential and commercial property, with loans from $500,000 to $25 million and terms that typically run 12 to 36 months.
We lend in these three counties from our office in Branford, Connecticut, where our in-house team reviews each deal. Funding estimates usually take a day or two, and most loans close in 30 to 45 days. Start with the options below, or apply online.
New York Loan Programs
Fix and flip, new construction, bridge, entitled land and distressed acquisition loans for investment property in Westchester, Putnam and Dutchess counties. Loan amounts run from $500,000 to $25 million, secured by the property rather than your personal income.
Application Process
Send us the property address, the loan amount and your plan. Our in-house team reviews the request and, if the project qualifies, sends a term sheet. Funding estimates usually take a day or two.
Who We Lend To
Investors, builders and brokers working in Westchester, Putnam and Dutchess counties, whether you are on your first flip or running several projects at once. We look at the property, the plan and your experience, not only your credit score.
Apply Now
Ready to talk about a deal in Westchester, Putnam and Dutchess counties? Apply online in a few minutes, or call our lending team at 203.433.4736 to talk it through before you submit.
A LENDER YOU CAN RELY ON
Sachem Capital was founded in Branford, Connecticut in 2010 by John Villano, who saw a need for business and investment loans. Today Sachem is a publicly traded real estate finance company that originates, services and manages its own portfolio of first mortgage loans. We lend in these three counties from our Connecticut office, and in 2022 we acquired Urbane New Haven, LLC, a real estate development and construction firm, which adds hands-on construction experience to the way we review your project.
Private Real Estate Lending in New York
In New York, Sachem Lending lends in Westchester, Putnam and Dutchess counties only. These Hudson Valley counties sit just north of New York City and border our home state of Connecticut, so they are markets we know well.
Westchester combines established suburbs with small cities such as White Plains, Yonkers and New Rochelle, where multifamily and mixed-use projects are common. Putnam and Dutchess are less dense, with more room for single-family construction and renovation. Approvals are handled locally, and timelines vary from town to town.
Loan basics
Loans range from $500,000 to $25 million, with typical terms of 12 to 36 months. Most close in 30 to 45 days. If your property is in one of these three counties, review our application process or apply online. For background on the area, see our post on the New York real estate market.
Hard Money Loans in Westchester, Putnam and Dutchess
In New York, we lend in Westchester, Putnam and Dutchess counties only. These Hudson Valley counties border our home state of Connecticut.
Westchester County
Westchester combines established suburbs with small cities such as White Plains, Yonkers and New Rochelle, where multifamily and mixed-use projects are common. Our bridge and value-add loans fund the purchase and the improvements. See our guide to bridge loans in Westchester County.
Putnam County
Putnam is less dense, with room for single-family construction and renovation. Fix and flip loans cover the purchase and the work so you can start as soon as you close.
Dutchess County
Dutchess offers both renovation and new building. With loans up to $25 million, we finance ground-up new construction as well as renovations. Approvals are handled locally, so tell us the town early.
Why Use a Private Lender in New York
A bank looks mostly at your income and credit history. As a private lender, Sachem focuses on the property, your plan and your experience, which helps when a project does not fit a bank’s checklist or when you need to move quickly.
Most of our loans close in 30 to 45 days, and sometimes faster when the paperwork is ready. In most cases there is no prepayment penalty, so you can pay the loan off when you sell or refinance.
New York Lending Questions
How fast can you close a loan in New York?
Most loans close in 30 to 45 days, depending on documentation and the condition of the property. When all requirements are in place, closing can happen faster.
What loan amounts do you offer?
Our loans range from $500,000 to $25 million, depending on the property and the project. Terms typically run 12 to 36 months.
Do I need perfect credit to qualify?
No. Our underwriting focuses on the property, your experience and the project itself rather than only on credit scores or income.
What types of New York property do you lend on?
We lend on single-family homes, multifamily buildings, retail, medical office, industrial and other commercial property.
Where in New York do you lend?
We lend in Westchester, Putnam and Dutchess counties only. Property elsewhere in New York is outside our current lending area. You can reach the lending team at 203.433.4736 or lending@sachemcapitalcorp.com.
Are there prepayment penalties?
In most cases, no. You can repay your loan early without extra cost. For more answers, see our full FAQ page.
Bridge Loan Programs
At Sachem Capital, we create value for our clients and shareholders by offering customized loan programs designed for investors, developers, and brokers. Our solutions encompass a diverse portfolio of real estate assets, tailored to meet the unique needs of each project.
Fix and Flip
Whether you’re just starting out or scaling your portfolio, Sachem delivers the funding you need to purchase, renovate, and resell with confidence and speed. We make financing simple, so you can focus on growing your profits and expanding your business.
New Construction
From simple homes to large developments, our flexible construction loans deliver the capital and support you need, fast and hassle-free. Sachem provides responsive service and reliable funding that keeps your project moving forward right on schedule.
Bridge - Value Add
We provide short-term bridge financing to help you acquire, renovate, and reposition investment properties quickly. Our team moves with speed and precision so you can unlock hidden potential and boost cash flow without delays.
Entitled Land Development
We deliver tailored financing to help you move from paper to project-site prep, infrastructure, and vertical construction. With Sachem’s capital and expertise, your development drives forward on time, on budget, and built to perform.
Distressed Acquisition
Distressed Asset with Upside? Move Fast and Win. Our acquisition loans deliver rapid capital, so you can confidently seize time-sensitive deals. With Sachem’s certainty and decisive execution, you act fast and unlock value.