WebWe offer fix and flip loans for single-unit, multi-unit, and mixed-use residential projects, up to a maximum 70% of the renovated value. We will fund rehab projects of any scope or … WebFix and Flip; Ground Up Construction; Large Balance Commercial Bridge Loan; Multi Family/Mixed Use Bridge Loans; New Express Bank Rate Program; Rental 360 (1-4 unit 30 year Mortgages) ... We are a diverse lending provider with superior solutions for both small and large businesses. Plus, we’re SBA-approved to offer the 7(a) and 504 programs.
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Fix and Flip Loans: What Borrowers and Brokers Need to Know
WebSo we use a transparent method of lending called the ... Fix and Flip - As low as 9.99%, Up to 70% ARV, Quick Profits. Rental - as low as 9.99%, Up to 80% LTV, Cash Flow. New Construction - as low as 9.99%, Up to 85% LTC, 70% ARV, Maximum Profits. OUR MOST POPULAR LOANS WebIf you find a lender who will give you 80/100 on a fix and flip loan and you are purchasing the property for $700,000 and doing $100,000 in rehab, then your total loan amount would be $660k + closing costs and fees. $700k * .80 = $560k. + $100k rehab. = $660k. With the same $1,000,000 sale price, a lender offering 65% ARV will not work, but a ... WebFix and Flip Lending Criteria. Collateral: Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes. Rates: Starting at 6.5% Interest Only Charged on Outstanding Balance. Term: 12 Months. Loan Amount: $50K–$10M. LTV: Up to 90% of the Purchase Price + 100% of the Renovation Costs. (Not to Exceed 75% of the After Repair Value). northern california pot farms