Fix & Flip Loans

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

Get Started with a Fix & Flip Loan

Our Fix & Flip Line of Credit14 offers experienced investors a line of credit they can use to acquire and/or renovate multiple properties. Our Fix & Flip Single Loan requires no experience and is available to first-time investors.

Key Facts About Our Fix & Flip Loans

  • Rates as low as 6.99%1
  • Lines of credit up to $10MM with individual loan amounts from $50K to $2.5MM
  • Financing for up to 90% of acquisition costs and 90% of renovation expenses, up to 75% After Repair Value10
  • Single property loans available for borrowers with no real estate investment experience
Fix & Flip Line of Credit
Loan Purpose4
  • Exposure line14 up to $10MM for experienced investors (1+ completed flip in past 2 years)
  • Single property loan available with no experience required
Interest Rate1
6.99% and up
Loan Amount
$50K - $2.5MM
Term
12 months (standard), with optional extensions
Borrower Type
LLC, Individual, LLP, or Corporation
Maximum Loan-to-Value (LTV)7
75% of After Repair Value (ARV)
Maximum Loan-to-Cost (LTC)
Cost is purchase price amount8
90%
When do we use LTV vs LTC?
Generally, we use the lesser of LTV or LTC calculation
Rehab/Construction Financing
Funding up to 90% of rehab budget, max 75% ARV
PROPERTY TYPESNon-Owner Occupied:
  • Single Family Residences (SFR)
  • 2-4 unit properties
  • Condos
  • Townhomes
  • Multi-family 5-20 unit properties (recourse only)

Not sure whether you need the Fix & Flip Single Loan or the Fix & Flip Line of Credit?

  • The Fix & Flip Single Loan is designed for investors who need funding to flip a single investment property.
  • The Fix & Flip Line of Credit is a line of credit offered to experienced investors who plan to acquire and/or renovate multiple properties.
  • All Fix & Flip lines of credit allow investors to close quickly.
  • Both Fix & Flip Single Loan and Fix & Flip Line of Credit offer the option of rehab funding, if needed.
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