Fix and Flip Loans
- Loan Amount up to $10,000,000
- Investment Properties Only
- Purchase up to 90% LTV
- Refinance up to 75% LTV
- Interest Only Payments
- No Tax Returns Required
- No Minimum FICO Requirements
- No Prepayment Penalties
This is a great program for investors that fix & flip properties quickly.
We also offer a two-year term gives you the flexibility to fix & flip, buy & hold, engage in an extended rehab, or even qualify for a conforming loan down the road.
This type of loan secured by the Mortgage is exempt from any provisions of the Real Estate Settlement Procedures Act of 1974, as amended and Regulation “X” of the Secretary of Housing and Urban Development because the proceeds of the Loan and the Loan proceeds are being used for as an extension of credit primarily for a business, commercial, or agricultural purpose, as defined by 12 CFR 1026.3(a) (1) of Regulation Z.