1-4 Residential Pricing Scale
Title | Flips Last 3 Years | Rate | Loan-to-Purchase | Cash-Out LTV | Rate & Term LTV | Rehab Funded | Points |
|---|---|---|---|---|---|---|---|
Beginner | 0 | 12.99% | 80% | 65% | 65% | 100% | 2 |
Intermediate | 1-2 | 11.99% | 80% | 65% | 70% | 100% | 2
|
Professional | 3-9 | 11.49% | 80% | 75% | 75% | 100% | 1-2
|
Expert | 10-19 | 10.99% | 85% | 75% | 75% | 100% | 1-2
|
Master | 20-29 | 10.99% | 85% | 75% | 75% | 100% | 1-2
|
Big Fish | 30+ | 9.99% | 100% | 75% | 75% | 100% | 1-2
|
5+ Multifamily Are Same Terms with 5% LTV Cut
90% OF PURCHASE
With fix-and-flips, your returns increase dramatically when you put less cash down. We go up to 90% of your purchase price so you can flip more houses.
100% OF REHAB
We finance up to 100% of your repair costs on your fixer upper, if needed. With fix-and-flip, this allows real estate operators like you to multiply your deals.
FLEXIBLE OPTIONS
Our 1-year term with no prepayment penalty can be extended. If a project is complex, we can structure it as 18 months. The average flipper pays off in 7 months.
NO PREPAYMENT PENALTIES
We generally have no prepayment penalties for our 1-year fix-and-flip bridge loans. This is to incentivize you to rehab more properties!
LOW CREDIT
Our minimum credit score for flippers is 620, because we focus mainly the asset-based lending solutions. No more worrying about your credit.
EXPERIENCE FRIENDLY
Flippers & rehabbers with more experience get the best rates, but we lend to investors with no experience all the time, with the most competitive rates in the market.