Fix/Flip Program
Our Fix/Flip program is for seasoned investors who buy, fix and flip non-owner occupied residential properties of up to 4 units.
Fix/Flip Program
Loan Features
For additional information see our guidelines
Call (800) 208-2976 to speak with a Relationship Manager
| $100,000 – $2,500,000 loan amount |
| Flexible underwriting with minimal documentation |
| Quick closing time – 10 days or less |
| Maximum LTV (purchase): 85% |
| Maximum LTARV (after-repair value): 75% |
| Maximum LTC construction: 85% |
| Extremely competitive rates and points |
| Loan term: 6-18 months |
| Extensions options available |
| In-house easy draw process: fulfilled in four days |
| Property types: single family residence, 2-4 units, townhomes, planned unit development, condominium |
| All properties must be non-owner occupied |
| No prepayment penalties |
| Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA |
| Foreign national: subject to a lower LTC/LTV threshold |
Fix/Flip Program
Loan Benefits
| Easy lending on residential and rehab projects |
| Create more opportunities with fast loan turnaround |
| Less capital required to complete a project |
| You are covered if projects are extended |
| Quick access and hassle-free draws |
