Fix and Flip Program
Now Lending 90% of Purchase and 90% of Rehab up to 70% ARV.
Perfect for the experienced investors and novice investors alike. We offer interest only loans for the short term for flippers.
50,000 to 2,000,000
6, 12, 12, and 18 month terms
Rates 8% 12%
No Prepay Penalty
Fix and Hold Program will provide short term purchase rehab, which can roll into our
Rental permanent loan once property is renovated. Loans based off the ARV
Nonowner occupied only
Foreign nationals (non citizens) up to 60%LTV
No property management company required
No limit on number of properties financed
Another fix and flip product we offer: We have more than listed on this page for rehabbers.
Single family, 1-4 units, condos, townhomes non owner occupied
90% purchase price/ 100% rehab price cap(100K)
Stated only loan (no tax returns)
Need Credit scores
3 months bank statements only
1.5-4 points depending on experience and credit scores
Interest range 6.99%- 10.99%
Loan amounts 75k to 2 million
foreign nationals ok up to 60%
No prepayment penalties
12 month term interest only loans based on 30 year amortization
If borrower rents only that is ok won’t disqualify you
Can lend based off rehab value
No BKs in last 3 years
No foreclosures in last 2 years
No 1003 needed
Can be in company name
No rural properties, meaning towns of 30K or less, we can consider exceptions though.