COntact Us
APPLY NOW

Fix and Flip Financing

Program 1

Fix and Flip Financing

  1. Loan Amounts: $75K – $2M
  2. Rates: 8.90%-10.90%
  3. Payment: Interest Only
  4. Points: 2.0%-3.0%
  5. Doc Fee: $1,995
  6. Processing fee: $600
  7. Credit Score: 640 Minimum
  8. LTC: Up to 93% (90% of Purchase, 100% of Rehab)
  9. LTV: Up to 75%
  10. Term: 6-18 months (w/ extension options)
  11. Quickest draw process in the industry
  12. Close quick! (4 business days to close with no appraisal as long as title is clear)
  1. Geography: Nationwide (except for the following markets: LA, MN, MO, NY, SD, ND, Baltimore, Chicago, Detroit, Northern NJ)
  2. Property Types: Residential (SFR & 2-4 Unit)
  3. NO Appraisal Required (on most loans): Save $695 and 30 days!
  4. NO Junk Fees!
  5. NO Prepayment Penalty, payoff the loan at anytime
Program 2

Fix and Flip Financing

Bridge Standard Loan Program

(For flippers with 0-4 completed flips in the last 2 years)

Loan Terms

  • Minimum loan amount: $75,000
  • Maximum loan amount: $1,000,000
  • 12, 18, 24 month term with no prepayment penalty

Qualification

  • 0-4 flips in last 2 years1
  • 680 minimum FICO2
  • No unresolved bankruptcy or filings within the last 24 months
  • No outstanding mortgage delinquency of 90 days or more
  • No felony convictions within the last 7 years
  • Personal Guarantee required
  • No bank statements or income verification required

Max Leverage

  • Up to 90% of purchase price
  • 70% of After Repair Value (ARV) w/ holdback
  • Max rehab: $250,000

Eligible Properties

  • SFRs
  • 2-4plex
  • PUD’s
  • Condos PUDs

Eligible Members

  • Corporations
  • General partnerships
  • Limited partnerships
  • Limited liability companies
  • Revocable trusts

Origination Fee

  • 2-3 Points

Interest Rates

  • Start at 10.00%

Ready to Make Your Real Estate Dreams a Reality? Fill Out Our Form!

Get Started Now