FIX AND FLIPS FUNDING
Closings as fast as TWO WEEKS
Tiers 1-3 max loan of $850k, max budget of $300k.
Purpose: Designed for the real estate investor who is rehabbing properties to resale for business purposes.
Terms: 13-19 Month Fixed Interest, Balloon Note
Minimum Loan Amount: $75,000
Maximum Loan Amount: $2,500,000
Prepayment Penalty: Not Applicable
Eligible Borrowers: US Citizens, Permanent Resident Aliens, Foreign Nationals
Financing Types: Purchase/Rehab, Rate & Term Refi, Cash-Out, BridgePlus, BridgeRehab
Credit: 3 Bureau FICO 620 for Tiers 4-5. 3 Bureau FICO 660 for Tiers 1-3.