Overview
Iron Bridge Lending (based in Lake Oswego, OR, hard money) and New Silver (based in West Hartford, CT, hard money) are both non-QM lenders serving real estate investors. Iron Bridge Lending serves Western & Midwest; New Silver serves National.
New Silver's figures were checked against its published materials as of 2026-09-17; the other lender's figures below are not independently dated and should be confirmed directly. Rates and terms change and are not a quote for either lender.
Iron Bridge Lending vs New Silver: attribute by attribute
| Attribute | Iron Bridge Lending | New Silver |
|---|---|---|
| Interest rate range | 9.5%–12% | 9.5%–11.75% |
| Origination points | 1.5–3 points | 1–3 points |
| Minimum credit score | Not publicly published | 660 |
| Minimum DSCR | Not publicly published | 0.75 |
| Max LTV | 75% | 85% |
| Max LTC | 85% | 90% |
| Minimum loan size | $75K | $100K |
| Maximum loan size | $3.0M | $3.0M |
| States covered | Not publicly published | 39 states |
| Typical close time | 7-14 days typical | 5-14 days typical |
| Founded | 2009 | 2018 |
| Headquarters | Lake Oswego, OR | West Hartford, CT |
Which one fits which borrower
- New Silver publishes a minimum DSCR of 0.75; Iron Bridge Lending does not publish a minimum DSCR figure, so its coverage floor cannot be compared directly.
- New Silver publishes a minimum credit score of 660; Iron Bridge Lending does not publish one.
- New Silver's max LTV is 85% against Iron Bridge Lending's 75% — on the same purchase price, New Silver's published leverage lets a borrower put down less cash.
- New Silver's max LTC is 90% against Iron Bridge Lending's 85% — for a rehab-heavy deal, New Silver's published figure covers a larger share of total project cost.
- Iron Bridge Lending's minimum loan size is $75K, below New Silver's $100K floor — Iron Bridge Lending is the fit for a smaller deal that would fall under New Silver's minimum.
- New Silver publishes coverage in 39 states; Iron Bridge Lending does not publish a state count. That does not mean Iron Bridge Lending covers fewer states, only that the figure is not published.
- Iron Bridge Lending was founded in 2009, 9 years before New Silver (founded 2018) — longer time in the market, not a claim about which underwrites better today.
Full profiles
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Iron Bridge Lending vs New Silver FAQ
Iron Bridge Lending's published rate range is 9.5%–12%. New Silver's published rate range is 9.5%–11.75%. Both ranges depend on credit, leverage, DSCR coverage and borrower experience, so where a specific deal prices inside either range varies.
Iron Bridge Lending does not publish a minimum credit score. New Silver publishes a minimum credit score of 660.
Iron Bridge Lending does not publish a minimum DSCR. New Silver's minimum DSCR is 0.75.
Iron Bridge Lending's loan size runs $75K to $3.0M. New Silver's loan size runs $100K to $3.0M.
Iron Bridge Lending's typical close time is 7-14 days typical. New Silver's typical close time is 5-14 days typical. Actual timelines depend on documentation, title work and underwriting load regardless of lender.
Iron Bridge Lending's max LTV is 75% and max LTC is 85%. New Silver's max LTV is 85% and max LTC is 90%.
This comparison is an independent directory listing. DSCR Loan Program is not affiliated with Iron Bridge Lending or New Silver, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by each lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.