Call: 212-537-5833

West Forest Capital

Private Money Lenders Jersey City

Rates Starting at 10%

Introducing West Forest Capital, the top hard money lender. With a focus on real estate investments, we provide financing of up to $5 million. Our reputation as the fastest lender in the state is well-deserved, as we understand the time sensitivity of the competitive real estate market. Here’s what sets us apart:

  • We are a direct lender, cutting out the middleman for a more efficient process.
  • Enjoy same-day pre-approval, allowing you to move forward with confidence.
  • Our funding time is typically 3-12 days, but in some cases, we can even fund within 24 hours.
  • Access loan amounts of up to $5 million.

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Property Types

Lending Parameters

Loan Size$100,000 to $5,000,000
LTCUp to 80% of purchase price
Rehab Funding 100%
LTVUp to 70% of the ARV
TermStandard is 12 months. 24-36 months is available
LienFirst lien; second lien as additional collateral only
Interest Rate 10%–12.5%
Points1.5–2% of the loan amount

Counties Covered

West Forest Capital provides lending services in these counties:

  • Hudson County
  • Bergen County
  • Passaic County
  • Essex County
  • Morris County
  • Sussex County
  • Warren County
  • Union County
  • Somerset County
  • Middlesex County
  • Hunterdon County
  • Mercer County
  • Monmouth County
  • Burlington County
  • Ocean County
  • Atlantic County
  • Cape May County

Read more about getting a hard money loan in the following areas:

Northern NJCentral NJ,  Jersey Shore

Recently Funded Hard Money Loans in Florida

Palm Beach Gardens , FL​

Palm Beach Gardens , FL

Our client is an experienced investor in the Palm Beach County area and found this off-market home after contacting homeowners in the vicinity of another project.  While the home was livable, it was not updated, and needed significant repairs (kitchen, floors, bathrooms, paint, roof, HVAC).  Utilizing a Palm Beach County hard money loan in Palm Beach Gardens, our client completed the work and sold the home in a 9 months period, yielding nearly a 200% gain on his original investment.

West Palm Beach, FL

West Palm Beach, FL

This was our client’s first real estate deal.  Our client sought to take advantage of the momentum in West Palm Beach’s real estate market and anticipated rent increases in the area.   Although this was a new real estate investor, they received 80% of the purchase price and 100% of the rehab costs.  As a local Palm Beach hard money lender in West Palm Beach, we were comfortable that our client was buying below market in this building.  After doing cosmetic repairs (primarily removing the carpet and updating the kitchen), our client found a great tenant and refinanced into a rental loan.

Boynton Beach, FL​

Boynton Beach, FL

Our client obtained a Palm Beach County hard money loan in Boynton Beach to booster his offer for the property which beat out several other offers with conventional financing.  After the needed repairs were completed, the exit strategy was flexible: either a sale or a conventional refinancing once the property was stabilized and rented. Ultimately, our client came across another fix and flip opportunity and elected to sell the rehabbed original property to raise cash for a down payment on the next deal.

Why Use a Hard Money Loan

  1. Get funding fast with West Forest Capital. While banks can take months to review loan applications, we offer same-day hard money loan approval and funding within 3-12 days. In emergencies, we can even fund in just 1 day!
  2. Secure financing for unstable properties. Traditional banks often refuse to finance properties that need rehab, lack a Certificate of Occupancy (CO), or have a weak rental history. At West Forest Capital, we specialize in funding these types of properties when banks can’t.
  3. Overcome poor credit with West Forest Capital. We understand that credit scores can be negatively impacted from time to time. That’s why we prioritize the value of the property instead of FICO scores or debt-to-income ratios when approving loans.
  4. Avoid personal loans with West Forest Capital. Unlike traditional banks, we don’t require properties to be owned by individuals. Whether you want to own the property in an LLC or have too many properties for a bank to finance personally, a hard money loan is the perfect option.
Loan in Jersey City
Jersey City money Loans
Jersey City money Loans
Jersey City money Loans

Why Choose a Jersey City Private Money Lender?

In 2013, we began our lending journey and we are proud to serve as a local private money lender in the state. Being familiar with rent regulations in Elizabeth, Rahway, and Jersey City, we can assist you with any relevant information. Additionally, if you require guidance on obtaining permits in Planview, Jersey City, and Union City, we are here to help. We are well-versed in distinguishing the various Oranges and can provide an authentic description of the Jersey Shore. Lastly, we have a favorite pizza place in Passaic that we highly recommend.

Financing your Jersey City Investment Property

Discover the flourishing real estate market, where you can enjoy the convenience of being close to major cities like New York City and Philadelphia. With a robust economy driven by industries like pharmaceuticals, life sciences, finance, manufacturing, technology, and transportation, there are endless opportunities for investors to maximize their returns.

To thrive in this competitive market, turn to West Forest Capital, the leading hard money lender. With our expertise and support, you can navigate the real estate landscape and seize profitable opportunities.

Asset-backed Lender Focused on Customized Solutions

At West Forest Capital, we have expertise in the fix and flip market. We specialize in crafting customized loan solutions to meet your hard money financing requirements. By assessing the asset’s value, we have even been able to fund loans exceeding 100% of the purchase price and rehab costs in certain cases.

Additionally, we offer the longest hard money loan term available in the market – a remarkable 3 years. This makes it particularly advantageous for investors looking for buy and hold opportunities.

Reach out to us today by giving us a call or applying for a loan. We are here to assist you!

Frequently Asked Questions

Private money lenders are alternative lenders who focus on asset-based loans, separate from traditional banks. Unlike banks, private money lenders prioritize the property being used as collateral rather than the borrower.

Working with a private money lender offers a significantly shorter underwriting process, allowing loans to be funded within a week. This makes them ideal for real estate investors who need to quickly purchase foreclosures at auctions, as the terms of the auction require a fast closing process. Additionally, private money lenders are willing to fund loans on properties that traditional banks might not consider, such as those without a Certificate of Occupancy (CO).

Private money lenders are also a great option for individuals with poor credit or those looking to rebuild their credit. They are not deterred by low FICO scores when approving loans. Furthermore, private money lenders can provide loans for refinancing existing lenders or to access cash from a property.

It is important to understand that private money lenders only offer loans for investment real estate and do not provide mortgages for residential purposes. Remember that you cannot live in a property that has a mortgage from a private money lender.

Private money lenders provide real estate investors with quicker access to capital, increasing cash flow for rehab projects. Although they generally have higher interest rates, private lenders have more flexible criteria and faster application processing, making them more accessible to those with lower credit scores.

Get funding for your rehab projects with private money loans. No credit score or income requirements. More real estate investors can now access funding. Qualifications for a private money loan include:

  • Down Payment: Use a down payment ranging from 20% to 40% based on the property’s Loan-To-Value (LTV) ratio. For instance, purchase a $400K residential property with a 75% LTV ratio, and you’ll need a $100K down payment.
  • Appraisal: West Forest Capital will handle this.
  • Insurance Policy: West Forest Capital should be the loss payee and additional insured.
  • Builder’s Risk Insurance: Required for extensive rehab projects.
  • Lender Title Insurance: West Forest Capital as the beneficiary.
  • Credit Score: Projects can still be funded with a credit score below 600, although a FICO score of 600+ is preferred.

Get pre-approved in no time! Call us at 212-537-5833 or text us at 917-267-9523 for a pre-approval letter today.

Private money loans offer various uses, such as:

  • Funding the acquisition and renovation of properties that are not eligible for traditional bank financing, either due to your credit or the property’s condition.
  • Swiftly refinancing an existing mortgage on a property nearing its maturity date.
  • Accessing immediate cash-out refinancing by using a property you already own as collateral.
  • Financing real estate transactions that require a quick closing, which traditional banks may not be able to accommodate.
  • Acquiring a property under the name of a Limited Liability Company (LLC), as traditional banks often do not provide loans to LLCs. Borrowers interested in owning properties under this structure can opt for a private money loan as an alternative solution.
We offer private money loans to cover rehab costs, including 100% funding. To access the funds, you’ll need to complete a portion of the project. Our inspector will review the work and distribute the funds. The entire process is completed within 1-3 days.

We Value our Broker Relationships

West Forest Capital is the fastest Hard Money Lender in Jersey City

Jersey City Hard Money Lender

We can fund hard money loans in 3–5 days

If you are looking for a Jersey City hard money lender, give us a call

Submit a loan request

A Jersey City direct lender you can rely on

Interview with our client, Joscan

Meet Joscan “Jay” Garcia: a realtor and real estate investor. In our exclusive interview, he shares his expert insights and successful strategies in the industry. Get ready to learn from a true professional in the field.

West Forest Capital: Welcome, Jay! We’re glad to have you on board.

Jay: Thank you.

West Forest Capital: Can you tell us about your background in real estate and how you got started?

Jay: Certainly. My parents were real estate investors in Venezuela, which sparked my interest in the industry. When I came here, I initially explored different industries before settling into real estate. I fell in love with the potential for growth and the power of forming strong partnerships.

West Forest Capital: That’s great to hear. Do you also work as a realtor?

Jay: Yes, I am a licensed realtor. Depending on the situation, I can either assist clients in listing their property for top dollar or make a cash offer and purchase it myself. Additionally, I help people facing foreclosure or dealing with issues with their bank.

West Forest Capital: That’s a versatile approach. What is your investment strategy when it comes to real estate?

Jay: I have experience with various strategies such as fix and flip and buy and hold. My first deal with West Forest Capital was a fix and hold, where I renovated the property and turned it into a rental. I like to be flexible and cover different aspects of the business.

West Forest Capital: Which areas do you primarily operate in?

Jay: Most of my business is in Morris County, but I also operate in Middlesex, Essex, and Union. Central Jersey is where I focus the majority of my efforts.

West Forest Capital: That makes sense. Let’s dive into one of the projects you worked on, specifically 933 Chancellor in Irvington. Can you share some details about that?

Jay: I’m really grateful for West Forest Capital’s help with that project. Prior to working with you, I had difficulties with another hard money lender who couldn’t close the deal. Time was running out, but West Forest Capital provided a straightforward and transparent approach. Within just six or seven days, the deal was closed, which was crucial for me. Working with you was smooth and easy, with no issues accessing rehab funding.

West Forest Capital: We’re thrilled to hear that feedback! Can you tell us more about the property and your strategy?

Jay: The property had been vacant for seven years and was a foreclosure home. It was a two-family home with a basement bonus. I had to renovate the entire property, including gutting the basement and most of the first and second floors. I replaced flooring, kitchens, and the heating/cooling system. The renovation process took longer than expected due to contractor delays and permit requirements.

West Forest Capital: Looking ahead, what type of projects and investment strategy do you see yourself pursuing?

Jay: I prefer to focus on what I know best, which is dealing with foreclosures and pursuing buy and hold investments. For example, the deal I did with West Forest Capital involved purchasing a property, renovating it, and then refinancing to pull out all of my invested money. I seek similar deals that allow me to maximize my equity.

Image provided for illustration purposes

West Forest Capital: Your approach is impressive, and you have a great understanding of the process. How many properties do you currently own?

Jay: Currently, I own four properties.

One of them was originally intended for fixing and flipping, but I decided to wholesale it instead. After purchasing it, I realized I had not tried wholesaling before, so I thought it was worth a shot. I crunched the numbers and realized that I would make almost the same profit as if I had fixed it up and flipped it. So, I currently hold four properties, but I am planning to dispose of one of them soon.

West Forest Capital: Understood.

Now, let’s shift our focus to the brokerage aspect of your business. Can you tell us about the types of deals you assist your clients with? Are they primarily investors or individuals searching for their primary residence?

Jay: I work with a mix of clients. I have investors, as well as many people facing foreclosure whom I assist.

One of the most successful stories I have is about a couple. I helped them sell their home as a short sale two years ago. Several months ago, we were able to close on their dream home in Greenville, Jersey City, which was worth $830,000. It was the two-year anniversary of the short sale. When I initially met them, their financial situation was dire. They were in danger of losing their house and everything. However, two years later, they were able to buy the house they had always dreamed of in Greenville!

Typically, I help people in similar situations, such as foreclosures. Additionally, I assist people in listing their homes for sale. I deal mostly with listings, and I have several upcoming listings. I also work with a few retail home buyers.

West Forest Capital: That’s quite impressive, especially with regards to that couple. It seems like you not only helped them in the real estate aspect but also with their overall financial situation, correct?

Jay: Yes, that’s correct. Before working with me, they had tried to resolve their issues with various attorneys and realtors, but nothing seemed to work. Once I started working with them, we managed to negotiate with the bank to cover $20,000 in IRS liens and back taxes that they owed. Additionally, the bank paid them $10,000 just to proceed with the short sale. We were able to provide them with significant assistance. I connected them with a credit repair specialist, and they took my advice seriously. Two years later, we successfully closed on their dream home!

West Forest Capital: That’s fantastic!

Jay: Another thing I wanted to mention is how great it has been to refer business to your company. I work with many investors, and I recently helped one of them. I had a deal that was about to expire, and I contacted your company over the weekend. You were able to put the deal together and fund it by Monday. It was mind-blowing! You closed a deal in just three days and even paid me a referral fee. I am grateful for that.

One thing I appreciate about your company is your reliability. Unlike other lenders who promise lower rates or down payments but fail to deliver when it counts, you are straightforward and always follow through. That’s awesome.

West Forest Capital: Thank you for the positive feedback! We truly appreciate it!

How can people get in touch with you?

Jay: They can email me at or call me at 732-668-0770. They can also find me by searching my name, Jocsan Garcia, on Google.

West Forest Capital: Thank you for taking the time to chat with us today. We look forward to partnering with you in the future.

Jay: Thank you. It has been my pleasure.

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