Fix & Flip Loans
"Short-term financing for flippers."
Bridge-style financing for house flippers. Quick funding based on after-repair value. Get in, renovate, sell, repeat.
10-20% of Purchase
Min Down
660+
Min Credit
70-75% of ARV
Max Loan
Fix & Flip Loans Benefits
Everything you need to know about your benefits
Fast Funding
Close in as little as 7-14 days—move quickly on deals before they disappear.
ARV-Based Lending
Borrow against the future value after repairs, not just the current distressed condition.
Interest-Only Payments
Lower monthly payments during the renovation period preserve your cash for the project.
Short-Term Flexibility
6-18 month terms designed specifically for the typical flip timeline.
Renovation Funds Included
One loan covers both purchase price and repair costs—no separate construction loan.
Repeat Investor Friendly
Experienced flippers get better rates, higher leverage, and faster approval.
How It Works
Your path to homeownership in just a few simple steps
Find Undervalued Property
Identify a property with significant upside potential after renovations.
Get ARV Appraisal
Appraiser estimates the After-Repair Value based on comparable renovated properties.
Loan Based on 70-75% ARV
Borrow up to 75% of the future value—covering purchase price plus renovation costs.
Purchase and Renovate
Close quickly, then execute your renovation plan with your contractor team.
Find Undervalued Property
Identify a property with significant upside potential after renovations.
Get ARV Appraisal
Appraiser estimates the After-Repair Value based on comparable renovated properties.
Loan Based on 70-75% ARV
Borrow up to 75% of the future value—covering purchase price plus renovation costs.
Purchase and Renovate
Close quickly, then execute your renovation plan with your contractor team.
Sell for Profit
List the renovated property and sell at market value.
Repay and Repeat
Pay off the loan from sale proceeds and roll into your next flip.
How ARV-Based Financing Works
Purchase Price
200000
Renovation Cost
Total Loan Amount
Down Payment (3.5%):
After-Improved Value
Instant Equity Built
Loan covers purchase + most/all repairs. Your potential profit: $100,000 gross before expenses.
Things to Consider
A reverse mortgage is a significant financial decision. Here's what you should understand before proceeding.
Experience Matters
Most lenders prefer borrowers with 2+ successful flips. First-time flippers may need a mentor or partner on the deal.
Exit Strategy Required
You need a clear plan: sell within the term or refinance to DSCR. These loans are not designed for long-term holds.
Draw Schedule for Repairs
Renovation funds are typically released in draws as work is completed and inspected, not all upfront.
Interest Rate Reality
Fix & flip rates are higher than traditional mortgages (often 10-14%). The trade-off is speed, flexibility, and ARV-based lending.
HUD-approved counseling is required to ensure you fully understand these factors before proceeding.
Loan Details
Documentation Required
- Proof of flipping experience (track record)
- Detailed renovation scope of work
- Contractor estimates and bids
- Purchase contract
- ARV appraisal or BPO
Eligible Property Types
- Single-family homes
- Townhomes
- Small multifamily (2-4 units)
- Condos (if HOA permits renovation)
Additional Info
- Properties needing significant renovation
- Distressed and foreclosed properties
- Estate sales and probate properties
- Off-market deals
Fix & Flip vs. Other Investment Options
| Feature | Fix & Flip(This loan) | DSCR | Conventional |
|---|---|---|---|
| Strategy | Buy, renovate, sell | Buy and hold | Buy and hold |
| Term | 6-18 months | 30 years | 30 years |
| Loan Basis | After-Repair Value (ARV) | Purchase price | Purchase price |
| Payments | Interest-only | P&I or IO option | P&I only |
| Closing Speed | 7-14 days | 21-30 days | 30-45 days |
| Renovation Funding | Included in loan | Separate | Separate |
| Best For | Active flippers | Rental investors | W-2 investors |
* Rates and terms subject to change. Contact us for current offers.
Frequently Asked Questions
Common questions about Fix & Flip Loans
Last updated:
What is ARV and how does it affect my loan amount?
ARV (After-Repair Value) is the estimated market value after renovations are complete. Fix & flip loans lend 70-75% of ARV, allowing you to borrow more than the current property value to cover both purchase and renovation costs. For example, a $200,000 property with $350,000 ARV could qualify for a $245,000 loan.
How fast can I close on a fix & flip loan?
Many fix & flip lenders can close in 7-14 days, significantly faster than traditional mortgages. Speed matters in competitive markets where cash offers dominate. Having your documentation ready and working with an experienced lender helps ensure the fastest possible close.
How are renovation funds disbursed?
Typically through a draw schedule. As you complete phases of renovation and pass inspections, the lender releases funds. Common draw milestones include foundation/demo complete, framing complete, mechanical/electrical/plumbing complete, and final finishes. This protects both you and the lender.
- Most lenders prefer 2+ successful flips on your track record. First-time flippers can often qualify by partnering with an experienced investor, having a mentor on the deal, or demonstrating relevant construction or real estate background.
- You will need to refinance (often to a DSCR loan if the property can rent) or extend the term (usually with fees). Having a solid exit strategy before you start is critical. Many investors have a backup plan to hold as a rental if the market turns.
- These are short-term, asset-based loans with higher risk for lenders. Rates of 10-14% are common. The trade-off: speed (close in days not weeks), flexibility (no income documentation), and the ability to finance based on future value rather than current distressed condition.
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We'll notify you instantly when rates drop to your target.
Ready to Fund Your Next Flip?
Get pre-approved and move fast when the right deal appears
Or call us directly: (757) 558-2603