Call Us: 1800-960-2745

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FIX AND FLIP

A hard money loan intended for new and experienced real estate investors seeking funding for fix and flip properties nationwide.

Benefits for Borrowers

QUALIFICATION

  • 620 Minimum FICO Score
  • 6 Months of Cash Reserves
  • No Derogatory Public Records in
    the Past 2 Years

MAX LEVERAGE

  • Purchase Only: Up to 75% of the Purchase Price
  • Purchase + Rehab: Up to 85% of the Purchase
    Price + Up to 100% of Rehab Costs
  • Not to Exceed 70% of the After Repair Value (ARV)

LOAN TERMS

  • Purchase Only Options Available
  • $50,000 Minimum Property Value
  • 12 Month Term
  • No Pre-Payment Penalty
  • Termination Fee: 1% After Month 8

ELIGIBLE PROPERTIES

  • 1-4 Family Real Estate
  • Condos
  • Townhomes

REQUIRED DOCUMENTATION

  • Loan Application
  • 1 Month of Bank Statements
  • Corporate Documents

PRICING

  • $50,000 Minimum Loan Amount
  • $7,500,000 Maximum Loan Amount

FEES

  • $25 Credit Check
  • Cost of an Appraisal
  • Points at Closing
  • $995 Legal Fee at Closing

Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

Typical Loan Terms