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Funded Transactions

Fix and Flip Loans Closed in New York

From value-add renovations in the Capital Region to luxury acquisitions in the Hamptons, Stormfield has funded fix and flip loans across New York's full range of markets and deal sizes. New York is our largest lending market, and every loan closed on our own balance sheet.

Balance Sheet Capital
One Team From Start to Finish
Upfront Underwriting, No Surprises
New York Market Focus
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Track Record

Every Deal Underwritten, Funded, and Serviced In-House

Stormfield has applied the same credit standard to every loan since 2015. No adjusted terms at the closing table, no exceptions for deal size or geography. New York is a judicial foreclosure state that many lenders avoid, and Stormfield treats that complexity as an edge. The deals below closed the way they were committed, and the same team that underwrote them serviced each one through to payoff.

179
Loans Closed and Counting
Closed across New York on Stormfield's own balance sheet.
$151.7M+
Capital Deployed in NY
Total fix and flip principal funded in the state to date.
$474K
Median Loan Size in New York
Closed loans ranging from $120K to $3.3M across New York state fix and flip projects.
New York Portfolio

Deals We've Closed Across New York

Fix and flip loans funded by Stormfield Capital in New York. Each transaction was underwritten, funded, and serviced in-house.

Saratoga Springs, NY Single-Family
$650,000
65% LTV 12 Month Term

Investor acquired a foreclosure property in Saratoga Springs requiring expedited fix and flip financing. Stormfield provided the capital quickly to meet the time-sensitive acquisition deadline.

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Bridgehampton, NY Single-Family
$2,500,850
65% LTV 12 Month Term

Full gut renovation and addition on a luxury single-family property in Bridgehampton, funded for a repeat Stormfield borrower with a building permit already in hand at closing.

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Wantagh, NY Single-Family
$350,000
65% LTV 12 Month Term

Cash-out fix and flip on a single-family property in Wantagh. A repeat borrower requested a refinance on an in-progress project to fund continued renovations, funded at 65% LTV.

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Smithtown, NY Single-Family
$435,000
59% LTV 12 Month Term

Experienced investor acquired and renovated a single-family home in Smithtown on Long Island, funded from acquisition through final rehab draw on a 12-month term.

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East Northport, NY Single-Family
$682,000
65% LTV 12 Month Term

Experienced investor acquired and renovated a single-family home on Long Island, with acquisition and full renovation funded in-house on a 12-month term.

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East Hampton, NY Single-Family
$1,250,000
63% LTV 12 Month Term

Investor acquired and renovated a large single-family home in the Hamptons, with acquisition and full renovation funded on a 12-month term at 63% LTV.

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View all New York funded transactions See NY Loan Program Terms
Questions

What New York Investors Ask

Does New York's judicial foreclosure process affect my loan?
It affects the lender more than it affects you, and it is one reason many national lenders stay out of New York. Stormfield has lent here for years and underwrites with the state's process in mind, which means fewer surprises on your deal and a lender that does not retreat from New York when conditions tighten.
What does New York's 90-day rule mean for me?
Since mid-2025, large institutional buyers cannot bid on most 1- and 2-family homes until they have been listed for 90 days. That clears the field for local investors. Stormfield can fund you fast enough to put down a clean offer and start work while the institutions are still legally sidelined.
Do you lend across all of New York, including upstate and the boroughs?
Stormfield funds fix and flip loans across New York. The closed transactions on this page concentrate on Long Island, the Hamptons, and the Capital Region, and Stormfield is also active in the five boroughs on fix-and-flip, bridge and value-add deals. If your target market is not shown here, that reflects deal mix rather than a restriction. Contact us to discuss a specific deal.
What does Stormfield look for when evaluating a New York fix and flip loan?
Four things matter most: borrower experience and real estate background; the quality and detail of the renovation scope; the property's ARV relative to purchase price and rehab budget; and a clear exit, whether a sale or a refinance. New York-specific factors that often come up include permitting timelines in the target municipality, the value spread between upstate metros and downstate markets, and whether a City of Yes ADU adds to the exit. For full borrower criteria, see the New York fix and flip loan program.
How are rehab funds disbursed?
Renovation funds are held in a construction reserve and released in draws as work is completed and verified by inspection. Draw requests are processed in-house by the same team that underwrote and closed the loan. Because there are no handoffs to third-party servicers, draw turnaround stays consistent from the first request through the last.
How quickly can you close a fix and flip loan in New York?
Submit a prequalification and get a term sheet instantly. Most transactions close within 7 to 10 business days of a complete application, and faster when your file is ready. In markets where homes sell in under a month and good deals move immediately, that speed is what wins the property.
Do you work with first-time fix and flip investors in New York?
Yes. First-time flippers are evaluated on credit strength, liquidity, and the quality of the project plan, and a detailed scope of work with a credible contractor carries real weight. There is no minimum FICO requirement, but borrowers apply through an LLC or corporation and must show liquidity for the down payment, reserves, and interest carry. Full criteria are on the New York fix and flip loan program page.

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Going Deeper

Resources for New York Fix and Flip Investors

The transactions above show what Stormfield has closed in New York. The resources below cover the market, the loan mechanics, and how to evaluate a lender.

Fix and flip real estate market in New York
Market Guide

Fix and Flip Loans in NY: 2026 Market Outlook

The I-90 corridor, the 90-day rule, City of Yes ADUs, and where the margins are in 2026.

Read the Guide
Fix and flip loan program in New York
Loan Program

New York Fix and Flip Loan Program

Rates, terms, LTV parameters, and borrower requirements for fix and flip financing in New York.

View Loan Program
Lender Guide

When to Use a Regional vs. National Fix and Flip Lender

How lender type affects execution, draw speed, and relationship continuity, which matters most in complex markets like New York.

Read the Guide
Pricing Guide

Fix and Flip Loan Rates and Pricing in 2026

What drives rate, how to read a term sheet, and what total cost of capital means for a flip.

Read the Guide
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