Have a Fix & Flip Line of Credit Program for your review.
Fix and Flip Line of Credit
Key Product Facts*
Rates as low as 4.99%
Lines of credit up to $100MM and single property loans from $50,000 to $5MM
Financing for up to 100% of acquisition costs and 95% of renovation expenses or 75% of after repair value
Qualifying property types are non-owner occupied residential investment properties, including single family residences (SFR’s), condos, townhomes, ground-up new construction, and multifamily properties up to 30 units.
No minimum credit score required, we only need to see the borrowers repayment history on credit report to determine repayment capability.