What are the benefits of a Fix & Flip Renovation Loan?

Simplified Approval Process: Less paperwork and faster approval. No contractors needed: Best for borrowers who wish to manage their own projects.

What are the typical terms of a Fix & Flip Renovation Loan?

Loan Amount: $120K-$5MM Interest Rates: Typically higher than traditional loans due to increased risk. Loan Term: 12-18 months Down Payment & Loan to Value: Typically 6.5%-30% down or 93.5%-70% LTV (depending on experience level) to purchase a single family home, condo or townhome. 100% of the renovation costs are financed.

What types of properties can be financed with a Fix & Flip Renovation Loan?

Single family residential – 1-4 unit multi-family residential Townhomes Condos No other property types are available.

How does the application process work for a Fix & Flip renovation loan?

We collect the following information to issue an approval: Copy of the purchase agreement. Credit Authorization – Must have a minimum of 680 middle score Copy of Social Security Card and ID Copy of your last 3 months of Bank Statements to source down payment and any cash injection Renovation plans and complete project cost breakdown Order Appraisal

What are typical fees?

2-4% points (of the loan amount) collected at closing (depending on complexity of the scenario) along with application and underwriting fees that can vary Typically the appraisal needs to be paid for by the applicant

Fix & Flip Loans for Investment Properties

Transform investment properties and boost profits with our flexible fix and flip loans. Get fast approvals, competitive rates, and tailored funding for your next renovation project.

WHO IT'S FOR

Fix & Flip Loans for Investment Properties Programs

Best For: Investors and contractors with a minimum of two previous fix and flip projects

Credit Score: 620+

Loan Amount: $150K - $5MM

Funds: Acquisition and Construction

Finance up to 100% of the rehab cost and 90% LTC with fix and flip experience

Closing in name of LLC, Sole Proprietor or Corporation is required

Investment Residential (1-4 units), Warrantable Condos, & Townhomes

12-18 month terms

Nationwide except: MN, ND, OR, SD, VT, & UT

Frequently Asked Questions

Fix & Flip Loans for Investment Properties FAQs

Typically fix and flip loans do not require income documentation.

Fix & Flip loans are based upon previous Fix & Flip experience. No experience is required but won’t have the most aggressive loan options available.

Simplified Approval Process: Less paperwork and faster approval.
No contractors needed: Best for borrowers who wish to manage their own projects.

Loan Amount: $120K-$5MM
Interest Rates: Typically higher than traditional loans due to increased risk.
Loan Term: 12-18 months
Down Payment & Loan to Value: Typically 6.5%-30% down or 93.5%-70% LTV (depending on experience level) to purchase a single family home, condo or townhome. 100% of the renovation costs are financed.

Single family residential –
1-4 unit multi-family residential
Townhomes
Condos

No other property types are available.

We collect the following information to issue an approval:

Copy of the purchase agreement.
Credit Authorization – Must have a minimum of 680 middle score
Copy of Social Security Card and ID
Copy of your last 3 months of Bank Statements to source down payment and any cash injection
Renovation plans and complete project cost breakdown
Order Appraisal

The loan underwriting process is generally faster than traditional loans, often only taking a few weeks to close. The exact timeline depends on the complexity of the application.

Yes, these loans are available to first time Fix and Flip investors but at a lower LTV (70%).

2-4% points (of the loan amount) collected at closing (depending on complexity of the scenario) along with application and underwriting fees that can vary
Typically the appraisal needs to be paid for by the applicant