Fix & Flip LoaNs
With Easy Draw Program
Acquisition (Refinance) and Rehab -
Starting at 9.9%
Single Family & Multifamily (up to 4 units)
Our Fix & Flip Loan with Easy Draw program provides acquisition and rehab costs in one streamlined loan. Borrow up to 80% of the acquisition cost (with an extra 20% of the acquisition cost automatically set as the rehab budget).
Receive half of the rehab funds at loan closing and the balance upon project completion.
Most loans do not require appraisal and close in as little as 14 business days.
Is your project more complex? No problem.
- Single Family Residence (Investment Property Only)
- Multifamily up to 4 units
- Interest Rate: From 9.90%+
- Loan Amounts: $1,000,000 to $10,000,000+
- Loan to Value: up to 65% (after rehab)
- Loan to Cost: up to 80%
- Loan Terms: 6 to 18 months (extensions available)
If you need to purchase a property quickly but are not ready for a commercial loan we’ll provide the acquisition loan and when you are ready you can convert it to a commercial loan. We’ll give credit for the unused fees paid on the acquisition loan.