Investment Rehabilitation Program
"Fix and Flip"

The "Fix and Flip" rehabilitation loan is one of our most popular products. Available for single, multi family and commercial properties. Our borrowers are real estate entrepreneurs and we assist in financing their business growth. We understand that savvy real estate investors don’t have the time to wait for conventional financing. Conventional lenders typically do not fund distressed properties or hard money rehab loans. Informed investors know that easier access to funds and fast closings equate to more deals and higher profits. 
 

                         "Fix and Flip" Rehabilitation Loan Program Basics

    Property Type(s)                         1 - 4 unit investment properties.

    Lien Position                               First mortgage only. 

    Standard Terms                           12 month/Interest only loan program.

    Advance Rate                             Up to 90% of the purchase price  and 100 % of the rehab costs.                                                                                                Maximum LTV of 75% of the ARV (after-repair-value) of the property.

    Renovation funds                        Usually advanced in one to three draws, and wired into your account.                                                                                      Rehab portion of the loan typically not to exceed 100% of acquisition cost                                                                              unless otherwise approved.    

    Guarantee                                    Personal guarantee required.

    Qualifying Documents                Investor Assessment Form

    Loan Documentation                  Purchase Agreement

                                                        Summary of Rehab Work to be Completed

                                                        After-Repair-Value Appraisal

                                                        Pictures of Rehab Property                           

                                                        Home Inspection