Overview
Fix and Flip
Fix-and-flip loans are short-term financing options designed for real estate investors who purchase properties with the intention of renovating and reselling them quickly for profit.
These loans provide the capital needed to acquire distressed properties and fund renovation costs, allowing investors to maximize their return on investment.
Our Fix and Flip loans offer competitive rates, flexible terms, and quick approval to help you capitalize on time-sensitive real estate opportunities. Whether you're a seasoned investor or new to property flipping, our experienced team will guide you through the process and structure a loan that meets your specific project needs.
Key Benefit
- Fast approval and funding - typically within 7-14 days
- Up to 90% Loan-to-Value (LTV) ratio for purchase and renovation
- Interest-only payment options during construction phase
- No prepayment penalties for early loan payoff
- Flexible loan terms from 6 to 24 months
- Experienced underwriting team familiar with renovation projects
- Competitive interest rates for qualified borrowers
- Ability to finance multiple properties simultaneously
Requirements
- Minimum credit score of 620 and no credit score in some states
- Demonstrated real estate investment experience, and no experience accepted
- Detailed renovation budget and timeline
- Property appraisal (as-is and after-repair value)
- Proof of liquid assets for down payment and reserves
- Licensed contractor estimates for major renovations
- Exit strategy documentation (sale or refinance plan)
- Property insurance coverage throughout the loan term
Do You Have A Scenerio?
FREQUENTLY ASK QUESTIONS
We’re Ready to Answer Your Questions
Here are answers to some common questions our clients always ask:
Our streamlined approval process typically takes 7-14 days from complete application to funding. We understand that timing is critical in real estate investments, so we prioritize quick turnaround times.
Loan amounts vary based on the property value and scope of renovations, but we can typically finance up to 90% of the purchase price plus renovation costs, with loans ranging from $100,000 to $2 million or more for qualified borrowers.
While construction experience is helpful, it’s not required. However, you must work with licensed contractors for major renovations and provide detailed project timelines and budgets.
We offer flexible loan extensions when needed. Additional fees may apply, but we work with borrowers to accommodate reasonable delays in renovation timelines.
Yes, experienced investors can qualify for multiple Fix and Flip loans simultaneously, subject to overall debt-to-income ratios and available collateral.
