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Fix and Flip Loans

This is our specialty loan for experienced real estate flippers.  We can offer terms of 6 months to 12 months with NO pre-payment penalty throughout the term of the loan.  Interest rates range from 9.25% to 12.5% on this product depending on Loan to Value.  Debt service is paid monthly and based on interest only.  Conditions are often minimal and include, loan application, proof of ability to perform debt service, purchase contact, escrow instructions, preliminary title report, your exit value and work scope.  Rates are as shown below;

flip loan

   

Loan to Purchase value

   

LTV

60%

70%

75%

80%

90%

Rate

9.25%

10

11

12

12.5

Term

12 months

12 months

12 months

12 months

12 months

Origination points

2.50%

2.50%

2.50%

3.00%

3.00%

Processing Fee

$425.00

$ 650.00

$ 995.00

$ 995.00

$995.00

Get a Quick Quote

Contact us below or call (714) 465-4611 to discuss your specific requirements and available options.

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