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Fix-n-Flip/Spec Build
Single Fix & Flip Loans
- Designed for the less experienced investor
- 9 month interest only term
- One rehab draw, after rehab is complete
- Projected time to close in ~4 weeks
- 8.99% interest only, 2% advance fee (min $2k)
Fix & Flip - Line of Credit
- Designed for experienced investors with a track record in the business (at least 3 flips or active rentals in past 18 months)
- Exposure limits from $1mm to $100mm
- 9 – 18 month term
- After initial borrower approval, projected property funding in 10-14 days
- 8.49% interest only, 2% advance fee (min $2k)