Fix & Flip Loans

Get the financing you need for your fix & flip and fix & hold properties

Fix & Flip Line of Credit offers experienced investors a line of credit they can use to acquire and/or renovate multiple properties.  Fix & Flip Single Loan requires no experience and is available to first-time investors.

Our Programs below will be based upon the Integrity & Credibility of the Borrower

Key Product Facts

  • Rates as low as 6.99%
  • Lines of credit up to $10MM with individual loan amounts from $50K to $2.5MM
  • Financing for up to 90% of acquisition costs and up to 100% of renovation expenses, up to 75% After Repair Value
  • Single property loans available for borrowers with no real estate investment experience

Loan Purpose
  • Exposure line up to $10MM for experienced investors (1+ completed flip in past 2 years)
  • Single property loan available with no experience required

Interest Rate

 6.99% and up

Minimum Property Value

 N/A

Term

 9 months (standard), with optional extensions

Borrower Type

 LLC, Limited Partnership, or Corporation

Maximum Loan-to-Value (LTV)

 75% of After Repair Value (ARV)

Maximum Loan-to-Cost (LTC), Cost is purchase price amount 

 90%

When do we use LTV vs LTC?

 Generally, we use the lesser of LTV or LTC calculation

Cash Flow Requirement

 N/A

Rehab/Construction Financing

 Funding up to 95% of rehab budget (up to 100% available), max 75% ARV

Property Type

 Non-Owner Occupied: Single family residences, 2-4 family units, Condos, Townhomes, and Multi-family properties up to 20 units