New Silver Review
Founded 2019 · New York, NY · Nationwide
4.0
Editor Rating
New Silver is a technology-first hard money and DSCR lender that emphasizes speed, offering instant term sheets and same-day pre-approvals. A strong option for fix-and-flip investors who need certainty and speed.
Editor's Take
New Silver's speed is their competitive advantage. If you're buying at auction with a 7-day close window, or competing against cash offers and need a fast pre-approval letter, New Silver delivers. Their instant term sheet tool is genuinely useful — you know exactly what you're getting before you submit an offer. Good for experienced investors who value speed and technology.
— Bill Rice, 30+ year mortgage lending veteran
Pros & Cons
Pros
- Instant term sheets — know your terms immediately
- Fastest closings in the industry (5 days possible)
- Same-day pre-approval
- Modern tech platform with easy draw requests
- Competitive rates for hard money
Cons
- Higher minimum loan ($100K)
- Newer company — less track record than established players
- Limited to 1-4 unit residential for some products
Loan Products Offered
Eligible Property Types
Best For
Compare New Silver
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. ProInvestorHub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.