Fix and Flip or Bridge Loan-
Designed for the investor that needs capital to purchase and renovate properties to flip for a profit, but cant wait the 90 days offered by traditional bank lenders. Access to fix and flip finance in 10 business days or less.
12- Month Interest Only Loans With No Prepayment Penalty
The process is streamlined through our online application, making it fast and easy for investors to apply and receive the financing needed to expand your real estate portfolio!
Type Of Property: Single Family Residence, 2-4 Unit Properties, PUDs, Warrantable Condos, and Townhomes
LTV: We?ll finance up to 90% of the purchase and rehab costs of
the property (LTC), or up to 70% of the After Repair Value (ARV)
Loan Amounts: Minimum $75K to a max $2M
Rates: from 7.19% to 12.9%, Minimum 600 FICO
We also provide a convenient option to roll the fix and flip loan into a 30 year Fixed Rate Rental Loan, when you apply for our Rehab to Rent Loan, your automatically eligible for discounts on your fees.
Follow these simple steps to get started:
- Initial phone call or email communication with your own personal finance consultant
- Investors will receive an instant rate quote and can lock in that rate when finalizing the funding application
- Investor is responsible for paying the appraisal fee
- You will then be setup with a closing agent
- Loan Closes!
Note: At this time we do not lend in?Vermont Utah South Dakota Oregon North Dakota Nevada Hawaii California Arizona or Alaska