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 loans7 allow investors to acquire and/or renovate multiple properties up to an approved exposure limit (based on Individual & Business approval).

Key Facts About Our Fix & Flip Loans

  • 3+ experience required (includes builds, flips, rentals)
  • Extensive rehab financing available (budgets > 50% of total costs)8
  • Individual and Business approval for exposure limits up to $10MM with individual property loan amounts from $50K to $1MM
  • Financing for up 100% of renovation expenses, 90% LTC max, and 85% acquisition max
  • Optional interest reserves
  • Soft Costs included in financing (contractor’s fees, contingency fees, permits, surveys, etc.)
Fix & Flip Exposure Limit Loan
Loan Purpose
Rehab loan for non-owner occupied residential investment property
Interest Rate1
As low as 6.75%, varies per individual property loan
Loan Amount
$50K - $1MM
Term
12 months standard,
18 month option available (subject to loan level pricing adjustment)
Borrower Type
Individual or Entity
Minimum Experience
3+ experience (flips, builds, rentals owned in the last 36 months)
Maximum Loan-to-Value (LTV)4
Standard Rehab up to 70% / Extensive Rehab up to 65% After Repair Value (ARV)8
Maximum Loan-to-Cost (LTC)
Cost is purchase price amount5
Standard Rehab max 90% / Extensive Rehab max 85% 8
When do we use LTV vs LTC?
Generally, we use the lesser of LTV or LTC calculation
Rehab/Construction Financing
Funding up to 100% rehab budget up to % Approved LTV of Total Costs
PROPERTY TYPESNon-Owner Occupied:
  • Attached or detached SFR
  • 2-4 unit properties
  • Multi-family 5-20 unit properties
  • Mixed-use
  • Condos

Why Choose a Fix & Flip Exposure Limit?

  • The Fix & Flip Exposure Limit is designed for investors who need funding for multiple flips and renovations.
  • Applying for an Exposure Limit is easy and allows investors to close Fix & Flip loans more quickly.
  • Grow with FACo: As you fund more property loans with us and gain experience, your terms may improve.
  • Extensive Rehab financing is available for larger Fix & Flip projects.
Learn More | View PDF
All fields required.
Get Started

  • By submitting your phone number, you expressly consent to authorize Finance of America Commercial to contact you at the number you provide with information about our loan products and to continue your application. Calls may be made using automated dialing and other phone technology. You do not need to consent to receive calls as a condition of receiving services from us. Please call us at 800.227.8107 if you do not wish to submit this form. By completing this form, you agree to receive offers, promotions and other email messages from Finance of America Commercial. You may unsubscribe at any time.