100% Fix and Flip Financing;
5-10 multifamily units
Ground up Construction
These Fix-to-Flip loans are perfect for the flipper who has a good/excellent credit score of 620 and verifiable income/cash flow.
The unique benefit of this product is you can get a loan for 100% of the purchase price and rehab costs, up to 70% of ARV, keeping as much cash in your pocket as possible!
Our Lender will also lend on multifamily up to 10 units and on mixed-use with at least 50% residential space.
For ground up Constructions some experience with larger rehab projects required for this program. At least one project completed and a 660+ credit score. Land must be purchased and the base must be poured with a building permit.
*No Down Payment Option
$50,000 to $1,000,000 (1M)
No prepayment penalty!
*Rehab cost can be more than the purchase price.
* Total cost must be with in the given ARV.
We can lend down to a credit score of 620, however, our max loan would be 60% of ARV.
A 660 credit score to qualify for 65% of ARV.
A 700+credit score to qualify for 70% of the ARV
FICO scores below 620 will need a co-borrower or guarantor.