Fix and flip lenders provide real estate investors who are looking to acquire, renovate, and resell properties within a 6-12 month window a fix and flip loan. We will never sell your fix & flip loan, and we pride ourselves on administering draw requests in a fast and efficient manner. We work with direct borrowers, mortgage brokers, and correspondent lenders. Our institutional capital base ensures that we will be ready to fund your deal when the opportunity presents itself. Ask about our fix and flip line of credit.

Fix and Flip Loan Rates & Information

PROPERTY TYPES: 1-4 family, non owner-occupied

LENDING AREA: Nationwide

LOAN SIZE: From $250,000 to $3,500,000

LOAN TERM: 12-18 months


INTEREST RATE: 7.99% – 10.99%

LOAN-TO-VALUE (LTV): Up to 90% of the purchase price

ORIGINATION FEE: 1% – 2% of the loan amount

PREPAYMENT PENALTY: No Prepayment Penalty


CLOSING TIME: Typically within 10 business days

Choosing the Right Fix and Flip Lender

Whether you are an experienced “house flipper” or a first-timer, choosing the right fix & flip lender can be a daunting task. Unlike the shopping for a home loan where you are typically dealing with a  local or national bank, the private mortgage/ fix & flip loan market is much more fragmented. This fragmentation leads to a wide variance in product types with can be to the Borrower’s benefit or detriment depending on which fix & flip lender you choose. Interest rates and loan size, while critically important, are not the only factors that will dictate whether the lender and their fix and flip loan product is right for you. Here is a list of questions to ask your fix & flip lender before making a decision:

Who services your fix and flip loans?

Fix and flip loans are short term loans in which you will have significant and regular interaction with your lender or servicer. Most critically, you need to understand how renovation draws will be processed and what the timeline will look like.

House for Fix and Flip

Do you sell your fix and flip loans?

The cat is out of the bag. The majority of fix and flip lenders actually don’t plan on keeping your loan. Many house flipping loan originators will sell your loan to large institutions who will package your loan into a bond. Why does this matter? Imagine your construction gets delayed and you need to extend your loan by 3 or 6 months. If your lender sold your loan, they no longer have the ability to modify the terms of the loan.