Fix And Flip

Fix And Flip
  • Loan Size:   $200,000 to $2MM
  • LTC:  Up to 90% Loan To Purchase Price
  • ARV:  Up to 75%
  • First Mortgage ONLY
  • No interest charged on unused rehab funds
  • 100% Rehab Financing
  • Credit Score from 620 and up but main focus is collateral and exit strategy
  • Full Recourse
  • Close 5 Days after all docs submitted and approved (we close as fast as the borrower gets us what we ask)
  • NON Owner Occupied ONLY
  • Call to discuss interest rate; we reward extensive experience and payment history
  • 3-4 points
  • Loan Term; 6-12 months with extension options
  • NATIONWIDE except W. VA, Dakota's, VT, MN
  • HEAVY focus on New England, TX and FL