Fix & Flip and New Construction Financing
With Industry-leading Rates
A leading and highly reputable national lender is now providing short-term financing options for residential real estate investors.
Fix & Flip Line of Credit*
Rates as low as 6.99%
Lines of credit up to $100MM
Funding up to: 90% of purchase price, 95% of rehab
Fix & Flip Single Loan*
Loans $50K - $3MM
No pre-payment penalties (3 months minimum interest)
Funding up to: 85% of purchase price, 90% of rehab
A leading and highly reputable national lender is now providing short-term financing options for residential real estate investors.
Flexible Financing Options for Real Estate Investors
| FIX & FLIP LINE OF CREDIT | FIX & FLIP SINGLE LOAN | NEW CONSTRUCTION | |
|---|---|---|---|
| Description | Exposure line up to $100MM for experienced investors (1+ completed flip in the past 2 years) | Single property loans for novice or experienced investors | Ground-up construction for developers and investors |
| Loan Size | $50K - $3MM | $75K - $3MM | |
| Term & Amortization | 9 months, with an option for 3 months extension | ||
| Acquisition Financing | Funding up to 90% of purchase price | Funding up to 85% of purchase price | Funding up to 75% of land value** |
| Rehab Financing | Up to 95% of rehab costs, max 75% of ARV | Up to 90% of rehab costs, max 75% of ARV | Up to 90% of construction costs, max 75% ARV |
| Pre-Pay Penalty / Minimum Interest Charge | No Pre-Payment Penalty | 3 Months Minimum Interest | |
| Borrower | Individual, LLC, or Corporation | ||
| Credit | 600+ | 620+ | 620+ |
| Property Types | Non-Owner Occupied: Single family residences, 2-4 family units, Condos, Townhomes, Multi-family properties up to 30 units, and Ground-up construction | ||
