Fix and Flip Loans

Fix and Flip Programs at a Glance

12 – 18 Months

Loans from $150k to $2.5M

Up to 85% of the purchase price + 100% of renovation cost

Rates Start at 7.99%

Looking for Funding For Your Next Fix & Flip Project?

Our ARV Loan Program offers financing for up to 90% of the purchase price + 100% of renovation costs, not to exceed 75% of the after repair value.

Plus you will only be charged interest on your outstanding balance, not on the rehab hold back so you don’t pay for the funds you aren’t using.

Loan Criteria Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

LTV:

Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV

Term:

12 to 18 Months

Minimum Loan Amount:

$150,000

Rates:

As Low As 7.99% (Interest Only Charged on Outstanding Balance)

Pre-Payment Penalty:

Not applicable.

This is our program #230.  Rates and Terms are subject to change without notice.