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 Exposure Limit (LOC)14 offers experienced investors an exposure limit they can use to acquire and/or renovate multiple properties. The Exposure limit caters to both beginner and experienced investors.

Key Facts About Our Fix & Flip Loans

  • Rates as low as 6.75%1
  • Exposure limit up to $10MM with individual loan amounts from $50K to $2MM
  • Financing for up to 90% of acquisition costs and 100% of renovation expenses, up to 75% After Repair Value10
  • Exposure Limit options available for borrowers with zero experience
Fix & Flip Exposure Limit Loan
Loan Purpose4
  • Exposure limit up to $10MM for experienced investors
  • Up to $500K exposure limit for borrowers with zero experience
Interest Rate1
6.75% and up
Loan Amount
$50K - $2MM (max $500k for inexperienced investors)
Term
12 months (standard), with optional extensions
Borrower Type
Individual or Entity
Maximum Loan-to-Value (LTV)7
Up to 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 100% rehab budget up to % Approved LTV of Total Costs
PROPERTY TYPESNon-Owner Occupied:
  • Single Family Residences (SFR)
  • 2-4 unit properties
  • Multi-family 5-20 unit properties
  • Mixed-use
  • Detached or townhouse style condos

Not sure whether you need the Fix & Flip Exposure Limit?

  • The Fix & Flip Exposure Limit is designed for investors who need funding for multiple flips and renovations.
  • Inexperienced investors can get started by renovating one property to qualify for a larger Exposure Limit.
  • The Fix & Flip Exposure Limit also allows New Construction financing on the same limit.
  • All Fix & Flip Exposure Limits allow investors to close quickly.
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