Bayport Funding
Great Neck, New York
Direct Balance Sheet Lender for Real Estate Investors
Bayport Funding is a direct private lender to residential and multifamily real estate investors throughout the East Coast. We have funded over $1 billion in loans since inception using our own large balance sheet. We keep almost all the short-term loans on our balance sheet. We like value-add and construction projects.
- Residential 1-4 Units
- Multifamily properties up to 25 units
- Mixed-Use properties with majority multifamily
- Rehab project funding up to 90% of purchase price and 100% of budget
- Construction project funding up to 100% of costs (no land financing)
- Ground Up Construction- Inquire for Details.
Please note: We do NOT offer loans for owner-occupied homes, vacant land, or commercial properties.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Purchase Long-Term
Refinance Long-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Residential Construction
Multifamily Construction
Property Types
- 2-4 Units Residential
- Mixed-Use
- Multifamily
- Single Family Residence
Specialty Loan Types
- Condo Conversion
- Residential Long-Term Rental
- Residential Short-Term Rental
Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
Minimum Loan Amount
$100,000Maximum Loan Amount
$3,000,000Minimum Interest Rate
6.25%Minimum Origination Fee
2%Minimum Loan Term
180 monthsMaximum Loan Term
480 monthsMaximum Loan-To-Value
80%Seasoning Time
6 monthsMinimum Debt Service Coverage Ratio
0.75Minimum Credit Score
620Will Lend on a Portfolio of Properties
NoMinimum Property Value
$150,000Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Other Fee
Fees which are paid to a third party company
- Documents Fee
- Legal Fee
- Appraisal Fee
- Inspection Fee
- Title Fee
Contact Bayport Funding
Stay Informed About Private Lending
Bayport Funding is a balance sheet lender that provides bridge financing to real estate investors for single family, multifamily, mixed-use, and ground-up construction projects. Bayport has originated more than $1.3 billion. The firm is dedicated to the real estate investor community that depends on immediate availability of capital for funding projects. Bayport Funding understands the real estate investor business model and will tailor a customized Smart Money Loan Program to meet each lender’s specific needs. Bayport Funding offers several types of loan structures for investors who fix and flip properties, an opportunity to achieve significant return on investments and revitalize communities.
Associations
- National Private Lenders Association (NPLA)
- South Jersey Real Estate Investors Association (SJREIA)
- Empire State Mortgage Bankers Association (ESMBA)
Office Locations
98 Cuttermill Road, Suite 424N, Great Neck, New York 11021Our Team
Contact Bayport Funding
Stay Informed About Private Lending
Contact This Lender
Create a Loan Request
Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.
Contact Bayport Funding by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$200,000
What We Do
- Residential Investment Properties
- Mutlifamily/Mixed-Use up to 25 units
- Short-Term Bridge Loans
- Rehab and Construction Loans
- DSCR Long-Term Rental Loans
Not Available
- NO 100% Financing
- NO Land Loans
- NO Owner-Occupied Homes
- NO Rural Areas
- NO Commerial Properties