Fix & flip loans
Short-term capital for acquiring and renovating a property for resale, often combining purchase funds with a construction or rehab component.
- Loan size
- $500K – $5M
- Property
- 1–4 unit residential
- Occupancy
- Non-owner occupied
- Capital
- Private & alternative
How fix & flip loans work
Fix-and-flip financing is typically short-term, interest-bearing capital that covers a portion of the purchase price and, in many structures, a portion of the renovation budget released in draws as work is completed. Loan size is commonly measured against both the purchase price and the after-repair value (ARV).
Because the exit is a sale, lenders focus closely on the scope of work, the budget, the timeline, local resale comparables, and the sponsor’s track record with similar projects. A clearly documented plan tends to produce a clearer financing conversation.
Commonly used for
- Purchase plus rehab funded in draws
- Short-term capital for a defined resale plan
- Repeat projects for experienced operators
What lenders look at
- Purchase price, rehab budget, and after-repair value
- Scope of work and draw schedule
- Comparable sales supporting the resale value
- Borrower’s completed projects
Rate, leverage, fees and term depend on the deal and the lender. All loans are subject to lender underwriting and approval.
Questions
Do you finance fix-and-flip projects?
Yes. Fix-and-flip financing is one of our core areas. Requests are evaluated on the purchase price, the renovation budget and scope, the projected after-repair value, and the borrower’s experience with similar projects.
How quickly can financing close?
Timing depends on the transaction, the lender, and how quickly items such as the appraisal, title, insurance, and borrower documentation are completed. Private financing can often move faster than conventional bank lending, but no closing date can be guaranteed.
If you are working against a contract deadline, tell us the date when you submit the request so it can be factored in from the start.
What credit score is required?
There is no single minimum. Credit requirements vary by lender and program, and credit is considered together with the property, the loan-to-value, liquidity, and experience. A stronger overall profile generally provides access to more options and better terms.
The credit score range on our request form helps us understand which sources may be a fit. Submitting a request does not by itself involve a credit inquiry; any credit review would be part of a lender’s formal application process.
What determines loan terms?
Terms are set by the lender, not by us, and reflect the full transaction: loan amount and leverage, property type, location and condition, the business plan and exit, the borrower’s experience, credit, and liquidity, and prevailing market conditions.
Rates, fees, loan term, and other conditions vary by transaction and lender. Any terms are subject to lender underwriting and final approval.
Have a deal in mind?
Tell us the property, the price, and what you need. An advisor will call you back to talk it through.