Fix & Flip

About The Program

Fix & Flip

Our fix and flip (bridge) loans provide new and experienced investors with a quick, easy, and reliable method of funding for their fix and flip projects. We work with investors throughout the purchase and rehabilitation process, helping them analyze investment opportunities and ensuring fast approval and disbursement of funds. Our in-house underwriting and processing team work alongside our experienced loan officers to ensure the purchase process goes smoothly and your deal closes quickly.

Many of our borrowers employ the “BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method” of real estate investing, using our bridge financing program in conjunction with our DSCR rental program. Our bridge loans provide financing for the purchase and rehab and our DSCR program offers great 30-year terms when refinancing a newly renovated property into a passive income-producing rental property.

GUIDELINES
PROPERTY TYPESingle Family, Condos, 2-4 Units, Multifamily (5+ Units), Mixed-Use
LOAN TYPEPurchase, Refinance, Cash-Out, Renovation, Bridge, Ground-Up Construction
EXPERIENCE No Experience Required
CREDIT SCORE 620+
LOAN AMOUNT$100,000 Minimum
LOAN TERM12 - 24 Months, Interest Only, No Prepayment Penalty
LEVERAGE GUIDELINESPURCHASE PRICE LTVRENOVATION COSTS LTVLOAN TO ARV
FIX & FLIP - LIGHT REHAB≤ 85%≤ 100%≤ 70%
FIX & FLIP - HEAVY REHAB≤ 80%≤ 100%≤ 65%

Highlights:

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