All About Our Fix & Flip Loans
- No experience necessary
- No-fee alternative valuation option now available (for eligible properties)
- Extensive rehab financing available (budgets greater than 50% of total costs)
- Individual and business approval for exposure limits up to $10MM with individual property loan amounts from $50K to $3MM
- Financing for up 100% of renovation costs, 95% LTC max , and 75% ARV LTV max
- Optional interest reserves
- Other costs included (contractor’s fees, contingency fees, permits, surveys, etc.)
Fix & Flip Loans
|LOAN PURPOSE||Rehabilitation loan for residential rental property|
|INTEREST RATE||As low as 6.75%|
|LOAN TERM||12 to 18 months|
|BORROWER||Individual or group|
|EXPEREINCE||No experience needed|
|MAX LOAN-TO-VALUE (LTV)||70 to 75% after repair value|
|MAX LOAN-TO-COST (LTC)||Standard rehab 95% or extensive rehab 85%|
|LTV VS. LTC||We use the best calculation for your project|
|CONSTRUCTION FINANCING||Up to 100% of rehab costs|
How a Fix & Flip Loan
Can Work for You
- Flip multiple properties with the same loan.
- Rehabilitate larger, complex properties.
- We will thoughtfully advise and lead you through the entire process, answering all the questions you have along the way.