Broker, not a lenderHard Money Lenders inNew Haven, Connecticut
Fix and flip, DSCR rental and new construction financing for New Haven investors. We do not lend our own money, we shop your deal across a 400+ lender network and come back with real terms you can compare on total cost.
Prefer to talk it through? Call or text Micah at (281) 636-5682.
What you get working with us
Price a New Haven deal right now
Prefilled with a realistic New Haven deal. Change any number and it reprices instantly on the lanes licensed in Connecticut, using the same engine behind our term sheets.
Financing a deal in New Haven
New Haven is a Yale and hospital town on Long Island Sound, and those two employers keep a steady stream of renters and buyers coming through. The housing is dense and old. Westville, Beaver Hills and East Rock carry early 1900s colonials and Victorians, Fair Haven and the Hill are full of wood frame two and three family houses, and Morris Cove on the east shore adds capes and ranches near the water. Homes here are selling faster than a year ago, and values have been climbing.
The first question on a New Haven house is how many doors it has. A large share of the city is two and three family, and once a building has a rental unit the city’s landlord licensing applies, so the plan for that unit is part of the underwriting from day one. Single families in Westville, Beaver Hills and Morris Cove are the cleaner flips, sold to hospital and university staff. Multifamily in Fair Haven and the Hill is where the numbers can be bigger, and so can the scope.
What a New Haven deal looks like on paper
New Haven example: $250,000 purchase, $70,000 rehab, $450,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1930s colonial in Westville or Beaver Hills with a dated kitchen, an old oil burner and a roof that needs replacing. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (15%)You$37,500
- Origination (0.5%)Lender$2,000
- Doc prepLender$749
- Broker fee (1%)Broker$2,825
- Title and closingTitle$3,732
- Prepaid interest (15 days)Lender$1,102
- Property insuranceInsurer$3,040
- AppraisalAppraiser$550
Interest while you rehab: $1,681 a month on the $212,500 funded at closing, $2,234 once every draw is out. Proof of funds is cash to close plus $18,900 of rehab reserve and $13,405 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.
What we can fund in New Haven
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Best Rate | 15% | 700+ | First flip OK | 8.99% to 9.49% | 0.5% | 75% of ARV | 12 months | 14 days |
| 5% Down, 3+ Flips1 | 5% | 600+ | 3+ completed flips | 11.00% to 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips2 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
- Origination steps down with experience: 1.5% at 5+ deals, 1% at 8+.
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
Origination has a $2,000 minimum on every program and the broker fee is 1% with a $2,000 minimum. These are the numbers the instant term sheet uses as of September 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.
What the New Haven comps say
Redfin puts the New Haven median sale price at $400,000 over the three months through August 2026, up 8.0% from a year earlier, with homes selling in about 42 days, down from 52 a year before, and 231 sales in August. Zillow’s typical home value is $339,182 as of August 31, 2026, up 6.1% over the year. About 14% of the city’s properties, 1,840 of them, are at severe 30 year flood risk in First Street data shown by Redfin.
| Median sale price, New Haven (Redfin, 3 months to Aug 2026) | $400,000 |
| Days on market, New Haven (Redfin) | 42 |
| Homes sold in August 2026 (Redfin) | 231 |
| Zillow home value index, New Haven (Aug 2026) | $339,182 |
| Share of properties at severe 30-year flood risk (First Street via Redfin) | 14% |
Sources: Redfin, New Haven housing market · Zillow, New Haven home values · City of New Haven, Residential Rental Licensing Program
How a New Haven file actually gets priced
In New Haven the comparable sale has to match the neighborhood and the unit count, and the neighborhoods are small. East Rock and Fair Haven are a short walk apart and price very differently, and an appraiser will not carry a Westville single to a Hill three family. We value singles on closed renovated sales nearby and multifamily on both sales and rents. Houses here are often a century old, so we want the scope to call out heating, electrical service, porches, sills and the foundation, because a New Haven budget that skips them is a budget that runs over.
New Haven faces the Sound, and flood risk is real along the harbor, the Mill and Quinnipiac rivers and the east shore: Redfin’s First Street data puts about 14% of properties at severe 30 year flood risk. Pull the flood zone before you bid on anything in Fair Haven, City Point or Morris Cove, because flood insurance changes the buyer’s payment and the rent math. Any building with two or more units and a rental unit needs a Residential Rental Business License from the Livable City Initiative, and the license only issues after the unit passes a housing code inspection.
Who buys your finished New Haven deal
A finished New Haven single sells to an owner occupant, often someone working at the university or one of the hospitals, and that buyer shops condition and location block by block. Two and three family houses sell to owner occupants who will rent the other units and to landlords who underwrite on rent, and with student and medical staff demand the rental story is strong. Plenty of investors here renovate a multifamily, lease it, license it and refinance into a DSCR loan instead of selling.
Your whole loan, in one portal
Apply once and the whole New Haven loan lives in the borrower portal: the term sheet you can accept and sign in the browser, where the loan stands, one place for documents, and the list of what the lender is still waiting on. These are real screens from the portal.
What we fund in New Haven
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in New Haven.
DSCR Rental
Qualifies on the property’s rent, not your W-2. The usual exit when a flip becomes a hold, and the long-term financing on a BRRRR.
New Construction
Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.
Where we lend in New Haven
We broker deals across the whole New Haven market. These are the submarkets investors ask us about most:
From deal to funded
Send the deal
Address, purchase price, rehab budget and your ARV. Three minutes, no credit pull.
We shop it
Your scenario goes to the lenders in our network that actually fit it and are licensed in Connecticut, not all 400 at once.
Real terms back
Rate, origination, leverage and cash to close side by side, so you can compare on total cost.
Close
7 to 10 days typical. We stay on title and the lender through funding.
New Haven hard money FAQ
Do you lend hard money in New Haven?
Which fix and flip programs apply in New Haven?
How fast can a New Haven hard money loan close?
How much do I need to bring to close on a New Haven flip?
Do you fund the rehab budget in New Haven?
What credit score do I need for a New Haven fix and flip loan?
Can I refinance a New Haven flip into a rental loan?
What does New Haven’s rental license mean for a flip?
Can I use a hard money loan on a New Haven two or three family?
Before you sign anything
Ready to fund your New Haven deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.