Fix & Flip?

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What is Fix & Flip Loan?

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1. Loan Amounts: $100K – $2.5M

2. Rates: 9.25%-11.90%

3. Payment: Interest Only

4. Points: 2.0%-3.0%

5. $1,495 Doc Fee

6. LTC: Up to 90%

7. LTV: Up to 75%

8. Term:12/18/24 months (w/ extension options)

9. Financing for purchase and renovation costs

10. Quickest draw process in the industry

11. Geography: Nationwide (except MN, NV, NY, SD, ND)

12. Property Types: Residential (SFR) and Multi-family (MFR) Up to 4-Units

13. NO Appraisal Required: Save $695 and 30 days!

14. NO Junk Fees, No Legal fee: Save $1950

15. Credit Score: 600 Minimum

16. NO Prepayment Penalty: Payoff the loan at any time