REAL ESTATE FINANCING
Fix & Flip
Finance the purchase and renovation of an investment property, with an exit through sale or refinance.
See If Your Deal QualifiesProgram Details
- Best For
- Investors renovating residential property for resale or rental.
- Loan Amounts
- $50,000–$5 million
- LTV / LTC
- Up to 85% of purchase price plus eligible renovation costs, subject to a 70% after-repair value cap; lower leverage may apply.
- Typical Terms
- 12 months; longer terms may be considered.
- Property Types
- Eligible residential investment properties.
- Key Qualifications
- Experience, available equity, project budget and a viable sale or refinance plan.
- Important Requirements
- Appraisal, scope of work, insurance and guarantees; renovation funds released through approved draws.
LTV is loan-to-value. LTC is loan-to-cost. ARV is after-repair value. Each applicable limit must be met; advertised maximums are not available for every deal.
Program Options
Experienced Investor Fix & Flip
Eligible experienced investors may qualify for financing that covers a larger share of acquisition and renovation costs.
- Loan Amounts
- $75,000–$3 million
- Typical Terms
- 9 months.
- Key Qualifications
- Typically 620+ credit score, $50,000+ liquidity and at least 10 completed rehabs in 36 months.
New Investor Purchase & Renovation
Selected financing options may be available to newer investors, with structure based on the property, equity and project plan.
- Loan Amounts
- $300,000–$3 million
- Typical Terms
- Quoted after project review.
- Key Qualifications
- New investors may be considered; credit, assets, equity and project plan reviewed.
Get a current review.
Pricing is based on your property, experience, credit and current market conditions. Apply for a current quote.
Apply NowProgram availability and terms depend on the property, borrower and current underwriting. Maximums are conditional and are not a commitment to lend.