Fix & Flip Loans
Single property loans available for borrowers with no real estate experience. Loan amounts from $50K – $2.5 million. Financing for up to 90% of acquisition costs and 95% of renovation expenses, up to 75% after repair value.
- Non owner occupied.
- Single family residence
- 2-4 unit properties
- Town homes or condos
- Multi family properties up to 20 units
- 12 month terms with extensions
- Loan amounts starting at $50,000
- Rates as low as 6.99%
- Maximum loan to value – 75% after repair value (ARV).
- Minimum 660 FICO