FIX AND SELL

LOAN PROGRAM

Commercial Loans for Real Estate Investment

General Guidelines

Eligibility

  • Loan Size -  $50,000 - $10,000,000                  (Total Loan Size Must be =>$100K)
  • Loan Purpose - Purchase & Renovation
  • Payment - Interest Only
  • Loan Terms - 6 to 12 Months                                                      (extensions available)     
  • Max LTV - LTV 90% (Of Purchase Price)                             LTC 90%
  • Min FICO - 600
  • Reserves - 3 Months (Min FICO 640)                                  6 Months (FICO Below 640)
  • Appraisal - None Required
  • Prepayment - None! Pay it Off Anytime!
  • Doc Fee at Closing - $1450
  • Rates - 9% up to 12%                                              (subject to market changes)
  • Eligible property types - Single Family Residential and Multifamily up to 20 units.
  • Borrower - Individual or Business entity
  • No rural properties
  • Financing - For Purchase and Renovation Costs
  • Eligible states - All (except ND, SD, NV, & MN)

Start Your Commercial Loan Journey with Us!

Program Terms

We provide fix and flip loans for investors purchasing residential properties. 24 hour approvals!  Close quickly!  We pride ourselves on ease of use and speed, and we are ready to help you with your investment property financing.

Fix and Sell  Example:

Initial Funding:               $370,421

Construction Funding:     $165,079   LTV: 70% 

Total Loan Amount:     $535,500      LTC: 81% 

Fast Turnaround!

Fast Closing!

No Appraisal!