Fix and Flip Financing
Fix & Flip Financing
Obtain fix & flip financing for up to 90% of the purchase price + up to 100% of the renovation
costs with rates starting as low as 6.25%
LOAN CRITERIA
Collateral:
Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes
Rates: Starting at 7.25%, interest-only charged on the outstanding balance
Term: 12 Months
Loan Amount: $50K–$2M
LTV:
Up to 90% of the Purchase Price + 100% of the Renovation Costs
(Not to Exceed 75% of the After Repair Value)
Property Value:
“As-Is” Appraised Value Must Be Greater Than $50k
Credit Score: 650 Minimum
Experience:
Prior Real Estate Investing Experience Not Required
But Affects Leverage & Pricing
Fix and Flip Financing
New Investor
Intermediate Investor
Intermediate Investor
Experience: Fix & Flip Financing
Completed 0–2 Flips
or Owned 0–2 Rental
Properties in the Last
3 Years
Intermediate Investor
Intermediate Investor
Intermediate Investor
Experience: Fix & Flip Financing
Completed Between 3 & 10 Flips
or Owned Between 3 & 10 Rental
Properties in the Last 3 Years
Experienced Investor
Intermediate Investor
Experienced Investor
Experience: Fix & Flip Financing
Owned 10 or More Investment
Properties (Flips and/or Rentals)
in the Last 3 Years
LTV
LTV
Experienced Investor
Up to 80% of the Purchase loan
Price + 100% of Renovation
Costs; Not to Exceed 70%
of the After Repair Value
Rates
Starting at 10.49%
LTV
LTV
LTV
Up to 90% of the Purchase Price Loan
+ 100% of Renovation Costs;
Not to Exceed 75% of the
After Repair Value
Rates
Starting at 8.75%
LTV
LTV
LTV
Up to 90% of the Purchase Price Loan
+ 100% of Renovation Costs;
Not to Exceed 75% of the
After Repair Value
Rates
Starting at 8.25%