What Is a Fix and Flip Loan?

Fast financing for investors who buy, renovate, and resell. Up to 100% of purchase price, 100% of rehab costs covered, funded in as little as 14 days.

Up to 100% LTV on purchase
100% rehab financing
Min. credit score 680
First-time flippers welcome
Rates from 9.75%

How Fix & Flip Financing Works

Fix & Flip financing covers both the purchase and the renovation in one loan. We lend up to 100% of the purchase price (based on credit and flip experience) and 100% of rehab costs, with the total loan capped at 75% of after-repair value (ARV). Rehab funds release in draws as work is completed and inspected, so capital lines up with progress instead of sitting idle. No prepayment penalty — pay it off the moment the property sells.

Draws are simple: complete a stage of the renovation, request an inspection, and funds release for that portion of the work. Each draw funds the next phase instead of tying up your own cash upfront, so the project keeps moving from demo to listing.

Distressed sellers want speed and certainty. Closing in as little as 14 days lets you move like a cash buyer — and win deals slower money can't.

Get a Quote → Call (862) 293-2467
Rates from 9.75% Interest-only Rates as of July 2026
Up to 100% LTV + 100% Rehab Purchase price and renovation costs fully covered
75% ARV cap On total loan amount
Min. credit score 680 First-time flippers welcome
$50,000–$3,000,000 Loan amounts available
12-month typical term Built for short-term projects
No prepayment penalty Pay it off the moment it sells
SFR, 2–4 units Eligible property types

What Actually Gets a Deal Approved

After-repair value (ARV)
Total loan-to-ARV — we stay at or under 75%
Renovation budget and timeline
Exit strategy — sale or refinance

Your income, employer, and tax returns are not factors.

ARV × 70% − renovation costs = your maximum purchase price

Property ARV (after repairs)$350,000
× 70%$245,000
− Renovation budget$60,000
= Max purchase price$185,000

Requirements

Minimum credit score: 680
Loan amounts: $50,000–$3,000,000
12-month typical term
Property types: Single-family, 2–4 units
Renovation draws funded as work progresses
First-time flippers welcome

Better Credit, More Flips = More Leverage

Profile Max LTV on Purchase
680+ creditUp to 80%
High-FICO program (740+)Up to 90%
3+ completed flips (680+ credit)Up to 90%
5+ completed flips (680+ credit)Up to 95%
10+ completed flips (680+ credit)Up to 100%

100% rehab financing and the 75% ARV cap apply across all tiers.

First flip? You start at the 680 tier.

No track record needed — a strong deal is what qualifies you: conservative ARV backed by real comps, a budget with 15–20% contingency, a licensed contractor with written estimates, and reserves. Start cosmetic, not structural, and your second flip gets better leverage.

How to Get a Fix & Flip Loan

We underwrite the deal, not your W-2s.

1
Submit your deal60 seconds
2
Written term sheetWithin 24 hours
3
Appraisal (as-is + ARV)5–7 days
4
Underwriting3–5 days
5
Close & fundAs little as 14 days total

Draws release as work completes. Sell or refinance at exit — no prepayment penalty.

Get a Quote →

Two Exits. One Loan.

Sell it

The classic flip: renovate, list, and cash out your profit at closing. No prepayment penalty means you keep more when it sells fast.

Keep it

Renovate, lease, then refinance your flip loan into a 30-year fixed DSCR loan — lower rate, no balloon, long-term cash flow. BRRRR investors pull their capital back out and roll it into the next deal. We originate both loans.

Explore DSCR Loans →

Common Questions

How much of the rehab budget will you finance?
Up to 100% of rehab costs, on top of up to 100% of the purchase price for qualifying investors (10+ completed flips). Funds release in draws as work is completed and inspected.
Is there a cap based on after-repair value?
Yes. The total loan — purchase plus rehab — is capped at 75% of the after-repair value (ARV), regardless of the purchase and rehab totals individually.
Do I need flipping experience to qualify?
No. First-time flippers are welcome. We underwrite the property and the project plan, not a track record.
What credit score do I need?
A minimum credit score of 680.
How do renovation draws work?
Rehab funds are held back and released in stages as milestones are completed and inspected, so capital lines up with progress instead of sitting idle at closing.

Related Programs

Ready to Fund Your Next Flip?

Get a quote on your next deal today. Close in as little as 14 days and start renovating.

No hard credit pull. No application fee. Written term sheet within 24 hours.