Sometimes a great opportunity comes up in the market. Our lender’s Fix and Flip loan allows borrowers to purchase a distressed property or refinance an incomplete property without the need for draws and escrow accounts.
- No Income Proof Needed
- LTV’s up to 70%
- 12 month term available case by case
- No Prepayment Penalties
- Loan amounts up to $2,000,000.
- Flipper must show ability to complete rehab.
- FICO’s down to 500 – OK