Long Island Hard Money Loans

Hard Money Lender Long Island, NY — Local, Same-Day Commitment

Headquartered on Long Island — your local private hard money lender for Nassau and Suffolk County. Fix & Flip from 9.5% · DSCR rentals from 6.5% · Up to 90% LTV · No income verification. Same-day term sheet — close in as few as 7 days across Hempstead, Oyster Bay, Babylon, Islip, Huntington, and all of Long Island.

Same-Day CommitmentClose in 7 DaysNo Income VerificationUp to 90% LTVDirect LenderAll Property Types
$680K
LI Median Price
Long Island 2025 — up 9.1% year-over-year
$92K
Avg Flip Profit
Average gross profit per LI flip — highest in NY
$1.1M+
Nassau ARV (avg)
Average ARV on renovated 3-4BR homes in Nassau
18 Days
Days on Market
Renovated properties in Nassau/Suffolk 2025
Long Island, NY Market Overview

Long Island's Local Hard Money Lender — Headquartered Right Here

Sab Tera Lending is headquartered on Long Island — we know Nassau and Suffolk County better than any out-of-state lender ever could. Long Island's median home price of $680K and average flip profit of $92K make it the highest-profit fix-and-flip market in the New York metro. We've funded hundreds of deals across the Island and we close faster than any lender in the market.

Nassau & Suffolk Counties We Serve

  • Nassau County — Town of Hempstead, Town of Oyster Bay, Town of North Hempstead
  • Suffolk County — Town of Babylon, Town of Islip, Town of Huntington, Town of Smithtown
  • East End — Town of Brookhaven, Riverhead, Southampton, East Hampton

Key Markets

HempsteadBabylonIslipHuntingtonNorth HempsteadOyster BayRiverheadEast HamptonSouthamptonBrookhaven

Hard Money Lenders in Oyster Bay, NY

The Town of Oyster Bay is one of the most active fix-and-flip markets in Nassau County, encompassing Oyster Bay hamlet, Syosset, Woodbury, Plainview, Jericho, Hicksville, Massapequa, and Old Bethpage. With strong school districts driving buyer demand and median home prices well above the state average, renovated properties in Oyster Bay Town routinely achieve ARVs of $900K–$1.4M on 3-4 bedroom homes. We are a local Long Island lender — not an out-of-state firm — and we have closed dozens of deals across Oyster Bay Town.

Sab Tera Lending issues same-day loan commitments and closes Oyster Bay hard money loans in 7 days. Fix & Flip loans up to 90% LTV. DSCR rental loans from 6.5% on 30-year terms. No W-2s, no tax returns, no income verification required.

Fix & Flip Rate
From 9.5%
Max LTV
90%
Close Time
7 Days

Hard Money Lenders in Central Islip & Babylon, NY

Central Islip and the Town of Babylon represent some of the most investor-active submarkets in western Suffolk County. Neighborhoods including Central Islip, Bay Shore, Brentwood, Lindenhurst, Amityville, Babylon village, North Babylon, and West Babylon offer distressed properties at entry price points of $250K–$450K with strong post-renovation ARVs. Proximity to the Babylon LIRR branch — with direct service to Penn Station — drives steady demand from NYC commuters, supporting both fix-and-flip resale and DSCR rental hold strategies.

We regularly close fix and flip loans and bridge loans in Central Islip and Babylon Town in under 10 days. Vacant and distressed properties are welcome — we evaluate the deal, not just the current condition. No income verification at any stage.

Entry Price
$250K–$450K
Vacant OK
Yes
Close Time
7–10 Days

Hard Money Lenders in Hempstead, NY

The Town of Hempstead is the most populous town in New York State and one of the highest-volume investment property markets on Long Island. It encompasses Hempstead village, Valley Stream, Freeport, Rockville Centre, Elmont, Merrick, Bellmore, Seaford, Wantagh, and dozens of other communities. Investors find strong fix-and-flip opportunities across all price tiers — from entry-level flips in Elmont and Valley Stream to high-ARV renovations in Merrick and Bellmore where renovated homes regularly achieve $800K–$1.1M.

As a local Long Island lender with a 516 area code, we know every Hempstead Town submarket. Same-day loan commitments. Close in 7 days. DSCR rental loans available with no income verification for buy-and-hold investors across all Hempstead Town communities.

Avg Flip Profit
$87K
DSCR Rate
From 6.5%
Local Lender
516 Area Code

Hard Money Loans in Islip, Patchogue & Smithtown, NY

The Town of Islip — including Islip, East Islip, West Islip, Bay Shore, Bohemia, Central Islip, Holbrook, and Oakdale — is one of Suffolk's most diverse investment markets, spanning entry-level rentals near Central Islip to waterfront properties near Bay Shore and Islip itself. Patchogue and Port Jefferson Station have emerged as strong BRRRR strategy markets, benefiting from downtown revitalization and LIRR accessibility. Smithtown (including Commack, Kings Park, Hauppauge, and St. James) offers stable suburban flips with predictable ARVs driven by school district demand.

We close hard money loans across all three towns in 7–14 days. Fix & Flip up to 90% LTV, DSCR rental loans from 6.5%, and multifamily bridge loans for 5+ unit buildings. Vacant properties, distressed properties, and REO acquisitions are all eligible.

Loan Min.
$50K
Rehab Funded
100%
Income Docs
None Required
Map data © OpenStreetMap contributors
What Investors Say

Why Long Island, NY Investors Choose Sab Tera First

★★★★★

"Eight flips in Nassau County financed by Sab Tera. They understand the Long Island market better than any lender I've worked with. When I find a deal in the $400K–$600K range they fund it fast and I can compete with cash buyers. Local knowledge plus national speed."

BK
Brian K.
Fix & Flip — Hempstead, Nassau County
★★★★★

"Seven rental properties in Suffolk County, all financed with Sab Tera DSCR loans. They're local, they understand the submarkets, and they never ask for tax returns. As a self-employed investor that combination is everything. My permanent lender on Long Island."

LV
Linda V.
Rental Portfolio — Babylon, Suffolk County
★★★★★

"Bought a distressed 6-unit in Freeport that had been vacant for 2 years. Sab Tera funded a multifamily bridge loan in 13 days. No bank would touch it. Now fully renovated and cash-flowing. They're the only lender I trust on Long Island for complex deals."

AR
Anthony R.
Multifamily Investor — Freeport, Nassau
Common Questions

Hard Money Loan FAQs — Long Island, NY

Long Island's median home price of $680K combined with strong demand from NYC buyers creates ideal fix and flip conditions. Renovated 3-4 bedroom homes in Nassau County routinely sell for $700K to $1.2M, with an average gross flip profit of $92K — the highest in the NY metro. Properties sell in under 18 days and demand from NYC buyers is consistent year-round.
Yes. We actively fund hard money loans throughout the Town of Oyster Bay, including Oyster Bay hamlet, Syosset, Woodbury, Plainview, Hicksville, Jericho, Old Bethpage, and Massapequa. We are a local Long Island lender with a same-day term sheet and 7-day close. No income verification required.
Yes. We fund hard money and fix and flip loans across western Suffolk County — Central Islip, Babylon village, Bay Shore, Brentwood, Islip, East Islip, West Islip, Lindenhurst, and Amityville. These are among our most active markets. We close in 7–14 days, fund distressed and vacant properties, and require no income verification.
Fix and Flip rates in Nassau County start at 9.5% per annum, interest only, with 1–2 point origination. DSCR rental loan rates start at 6.5% on 30-year terms. No prepayment penalties and no upfront fees. Given Nassau ARVs regularly exceeding $1M, these rates are highly cost-effective relative to flip profit margins.
Yes. Long Island's rental market — driven by NYC overflow demand and limited supply — makes it excellent for DSCR loans. We offer 30-year fixed terms from 6.5%, up to 80% LTV, no income verification, and vacant properties welcome. Available across all of Nassau County, Suffolk County, and the East End for single-family and 2-4 unit properties.
We regularly fund loans from $200,000 to $1,500,000 or more on Long Island. We lend up to 90% of the purchase price plus 100% of verified rehab costs, capped at 75% of the after-repair value (ARV). With Nassau ARVs regularly exceeding $1M on renovated 3-4 bedroom homes, investors can access substantial leverage with comfortable equity margins.
Yes. We fund hard money loans throughout the Town of Hempstead (the most populous town in New York State), as well as Patchogue, Smithtown, Huntington, and all major Long Island towns and villages. We have closed deals in virtually every Nassau and Suffolk County community — same-day commitment and 7-day closings available in all markets.
Yes — Sab Tera Lending is headquartered on Long Island with a 516 area code. We have closed hundreds of deals across Nassau and Suffolk County. We know the local title companies, the local appraisers, and the price dynamics of every submarket from Valley Stream to the Hamptons. No out-of-state lender can match our local knowledge and 7-day closing track record.
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Get a Long Island Hard Money Loan Today

Local Long Island lender · Same-day commitment · Close in 7 days · Nassau & Suffolk specialists