Fix and Flip/ Construction
100% Funding
Non-Owner-Occupied Single Family Residential (1-4 Units)
Program 1:
100% of Purchase + 100% of Rehab
Minimum Credit Score of 620
Capped at 65-75% of ARV
Starting at 9.75%
Must have enough money for closing costs and to get started on rehab
Experience Preferred
Program 2:
90% of Purchase, 90-100% of rehab (Pair with Business Loan for 100%)
Standard Fix & Flip
90% Purchase; 90% Rehab Not To Exceed 65%-75% ARV
Rates: 8%-16% based on credit profile
Term: 6-24 Months
No minimum FICO
Ground Up Construction
Loan Amounts up to $10MM
Up to 100% LTC up to 75% ARV
Experienced builders allow quicker underwriting