Fix & Flip Loans

Rehab Property Loans - Grow your investor business with us

Our Fix & Flip loans allow investors to acquire and/or renovate multiple properties up to an approved Exposure Limit (based on Individual & Business approval). The Fix & Flip Exposure Limit is designed for investors who need funding for multiple flips and renovations. As you fund more property loans with us and gain experience, your terms may improve.

Highlights

  • Interest on drawn balance option and 18-month loan term at no additional cost
  • NO prior experience required
  • Optional No Fee alternative valuation available for Standard Fix & Flip
  • Property loan-level liquidty verficiation
  • Financing for up 100% of renovation expenses, 95% LTC, and 75% ARV LTV
  • Optional interest reserves
  • Property loans from $50k to $3MM
  • 12 or 18 month property loan terms
  • Minimum 620 FICO
  • Extensive rehab financing available
  • Soft costs including in financing
  • Foreign Nationals eligible 
LOAN PURPOSE
Rehab loan for non-owner occupied residential investment property
INTEREST RATE
As low as 6.75%, varies per individual property loan
LOAN AMOUNT
$50K - $3MM
TERM
12 months standard, 18 month option available (subject to loan level pricing adjustment)
BORROWER TYPE
Individual or Entity
MINIMUM EXPERIENCE
NO prior experience required
MAXIMUM LOAN-TO-VALUE (LTV)
Standard Rehab up to 75% After Repair Value (ARV) LTV / Extensive Rehab up to 70% ARV LTV
MAXIMUM LOAN-TO-COST (LTC)
COST IS PURCHASE PRICE AMOUNT
Standard Rehab max 95%  / Extensive Rehab max 85% 
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
FOREIGN NATIONALS
  • Not allowed from ineligible country list
  • Limited to: 85% LTC / 70% ARV LTV max
PROPERTY TYPES Non-Owner Occupied:
  • Attached or detached SFR
  • 2-4 unit properties
  • Multi-family 5-20 unit properties
  • Mixed-use
  • Condos