Fix-&-Flip
Bridge Loan
features
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2-Minute Application
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Use of Funds: Fix-&-Flip, Fix-&-Hold, REFI-&-REHAB
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Financing up to 90% of Purchase & 100% of Repairs
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100% Financing available if costs stay below 70%-ARV
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10 to 15-day Closing
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Minimum Loan: $75k
teRMS
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Rates from 8.5%
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Up to 12 months
Buy-Fix-HOLD ► if you decide to Hold & Rent instead:​
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Upon Rehab completion loan is shrank to its MINI-ME starting at 6.2%. For properties over $3MM, lower rates possible using our Institutional Capital sourced from mostly Pension Funds & Insurance Companies
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Up to 30-year Amortization
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Pre-Payment Penalty applies for the first 3 years
REPAYMENT
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Interest-Only Loan
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Monthly Payments
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No Pre-Payment penalty
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eligibility
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Borrowers: Corporations, General Partnerships, Limited Partnerships, Limited Liability Companies (LLC’s), Revocable Trusts, Land Trust
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Property: Single-Family Residences, 2 to 4 Unit Residential buildings​
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Occupancy: Non-Owner-Occupied properties only
guidelines
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Credit 620+, Low-Doc, No Income Verification
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Experience is preferable (for best terms), but not needed
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Origination: 1.5%-2% | Brokerage: 1.5%-2%​
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â–º For 100%-Financing:
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Credit 680+, but 620+ will be considered
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Must show reserves of $40k in liquid cash
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All cost must stay within 70%-ARV
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Origination: 2.5%-4% | Brokerage: 1.5%-2%​
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* Final rate is calculated based on FICO, Experience, & Loan-to-Value:
* More Experience, Higher FICO, Lower LTV = Lower Rates