Fix & Flip Loans

Our fix & flip financing program provides capital to investors that are looking to purchase and renovate investment properties. We only require 10% down and we will financing 100% of your renovation budget. Typically this program makes the most sense when the renovation budget is <50% of the purchase price.

Property Types: Single family homes, Condos, duplex, triplex, fourplex

Typical Transaction Terms:

  • Loan Type: Senior 1st mortgage loans only
  • Loan Amount: $100,000+
  • Terms: 12 months with discretionary extensions
  • Amortization: Interest only
  • Interest Rates: starting at 6.99%
  • Initial Loan to Cost: Up to 90%
  • Construction Holdback: Up to 100% of rehab budget
  • After-Repair Loan to Value: Up to 70% of ARV in non-judicial foreclosure states
  • Minimum Credit: 620
  • Borrower Experience: 3 verified LTD flips
  • Appraisal: After Repair Value Appraisal needed