Direct lender since 2003
We lend our own capital, with no brokers or intermediaries.
Foreclosure Bailout Loans · Since 2003
Facing foreclosure? We can stop it.
GPS Capital's foreclosure bailout loans pay off the lender foreclosing on your property and halt the auction — with funding in as little as one week.
Direct lender since 2003 · No minimum credit score · Funded in as little as 7 days
Business-purpose loans on investment and commercial property, $500K to $20M, nationwide.
Interest Rate
9.99–12.99%
Priced per file
Time to Close
1 Week
3–5 days on well-documented deals
Loan Amount
$500K–$20M
First lien position
Leverage
70% ARV
Of after-repair value
Time is critical. The closer the auction date, the fewer options remain. If you are behind on payments or a sale date has been set, contact us promptly so we can review your options while there is still time.
Call 718-247-8863The Bailout
How a bailout loan saves your property.
A foreclosure bailout loan provides prompt capital secured by the equity in your property. We pay off what you owe the foreclosing lender — the balance, missed payments, penalties, and fees — bringing the foreclosure action to an end.
It can:
Pay off the foreclosing lender in full
The balance, missed payments, late fees, default interest, and penalties, in one wire.
Stop the auction or sheriff's sale
Once the lender is paid, the foreclosure action ends and the sale comes off the calendar.
Clear other liens on title
Judgments, back taxes, and junior liens can be built into the same payoff.
Provide time to execute your exit
A twelve-month term to sell on your own terms or refinance into long-term financing.
How It Works
Three steps to stop the sale.
Once a sale date is set, timing governs every decision. Our process is straightforward and is scheduled around your deadline.
-
01
Tell us your situation.
Apply online in minutes or call 718-247-8863. Provide your auction date and we will work to your timeline.
-
02
We look at your equity, not your credit.
There is no minimum credit score and, in most cases, no income verification. If the property has sufficient equity, we can lend.
-
03
Get funded in as little as one week.
We wire the payoff directly to your lender, the foreclosure action ends, and the sale is cancelled.
Why GPS Capital
Why borrowers choose GPS Capital.
Conventional lenders underwrite the borrower. We underwrite the property, lend our own capital, and close on your timeline.
Close in as little as one week
Well-documented deals close in 3–5 business days.
No minimum credit score
We lend on the property's equity, not your credit score.
No income verification
Not required in most cases.
Up to 70% of ARV
Borrow against your property's true value.
12-month terms
Time to sell, refinance, or stabilize the property.
Nationwide lending
Investment and commercial property across the country.
Response within 2 hours
Every inquiry receives a response from our team.
Program Terms
What the bailout costs.
Indicative parameters, not a commitment. Final pricing depends on the property, the leverage, and the exit. Every file is priced on its own merits.
- Interest Rate
- 9.99–12.99%
- Origination
- 2 Points
- Loan Amount
- $500K–$20M
- Term
- 12 Months
- Max Leverage
- 70% ARV
- Lien Position
- 1st
- Credit Minimum
- None
- Income Verification
- Usually none
- Response Time
- Within 2 Hours
- Geography
- Nationwide
Who Qualifies
Who we can help.
If the following apply, we encourage you to submit your file today. If you are uncertain, please call and we will review your situation with you.
Behind on the mortgage on an investment or commercial property
An auction or sheriff's sale date is set — or approaching
The property has enough equity to secure the loan
Any credit situation — including poor or damaged credit
Business-purpose loans only, secured by non-owner-occupied property.
Questions
Common questions.
For questions about your specific situation, please call 718-247-8863.
How fast can you fund a bailout loan?
As little as one week from application. Well-documented deals can close in 3–5 business days. If your auction is days away, please call us immediately at 718-247-8863.
Do I need good credit?
No. There is no minimum credit score, and we do not require income verification in most cases. We lend based on your property's equity.
How much can I borrow?
Up to 70% of your property's after-repair value, depending on equity. Loan amounts run from $500K to $20M.
What are the rates and terms?
Rates from 9.99% to 12.99% with 2 points origination and typical 12-month terms — giving you a full year to sell, refinance, or recover.
What happens at the end of the 12 months?
Most borrowers refinance into a conventional loan, sell the property on their own timeline, or pay off the balance. We will discuss your exit strategy at the outset.
Can you stop an auction that's already scheduled?
In many cases, yes. Paying off the foreclosing lender ends the foreclosure action and halts the sale. But timing is critical — the sooner you contact us, the more we can do.
What property types qualify?
Investment and commercial real estate: single family rentals, 2–4 unit, multifamily of five or more units, mixed-use, retail, office, industrial and warehouse, self-storage, and land on a case-by-case basis. Loans are for business purposes and are secured by non-owner-occupied property.
Next Step
Protect your property
from foreclosure.
Options narrow as the sale date approaches. Speak with a direct lender today to learn how quickly we can stop your foreclosure. We respond to every inquiry within two hours.