Renovation financing

Fix & Flip Loans

High-leverage rehab financing that funds 100% of construction costs.

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Rates from 9.9%Interest Rate

90% purchase + 100% rehabPurchase / Rehab Funding

Loans up to $5MMaximum Loan

High-leverage rehab financing engineered for professional investors scaling renovation portfolios. We structure financing that covers 100% of construction costs to maximize your return on capital.

A fix and flip loan funds two things at once: the purchase of a property that needs work, and the renovation budget that makes it worth more. The purchase money funds at closing. The rehab money is held back and released in draws as the work gets done and gets inspected, which is why the loan can cover the full construction budget without the lender handing over the whole amount on day one.

The number that decides the deal is the after-repair value — what the property is worth once the scope of work is finished. Leverage is quoted against it, so a project is measured on where it lands, not on what it costs today. Two purchase prices with the same rehab budget can qualify very differently if the comparable sales say the finished product is worth different amounts.

Payments are interest-only for the life of the loan, and interest accrues only on the money actually drawn. That structure exists because a property under renovation produces no income: a fully amortizing payment on the full balance would eat the margin the project is supposed to generate.

What underwriting wants to see: a detailed scope of work with a line-item budget, comparable sales that support the after-repair value, a contractor who can show completed projects, and a realistic timeline. Prior flips help a great deal — leverage and pricing both move with the number of projects a sponsor has taken from purchase to sale.

When this loan fits

Buying a distressed property that will not qualify for conventional financing as it sits.
Funding a renovation budget without draining the capital reserved for the next deal.
Closing on an auction or off-market property before another buyer can arrange financing.
Taking on a heavier scope of work than a personal line of credit could carry.

Program terms

These are the figures we publish today. Final terms depend on the property, the sponsor and the structure.

Interest Rate: from 9.9%
Maximum Loan: up to $5,000,000
Max LTARV: up to 75%
Purchase / Rehab Funding: up to 90% of purchase, 100% of rehab
Term: up to 18 months
Payments: Interest-only
Prepayment: No prepayment penalty

What you need to apply

Nothing here is a surprise later. If something is missing we will tell you on the first call.

A line-item scope of work, with a budget for each item.
Comparable sales that support the after-repair value you are projecting.
A licensed contractor who can show completed projects.
A construction timeline you can defend, with the permits it depends on.
Funds for the down payment and reserves to stay ahead of the draw schedule.
Your track record — prior projects move both leverage and pricing.

Eligible properties

Single-family residential
Condominium
Townhome
2 to 4 units
Non-owner occupied

Common questions

Do you really fund 100% of the construction costs?

The rehab budget can be financed in full, but it is released in draws as work is completed and inspected — not handed over at closing. You pay for each stage and get reimbursed, so you need working capital available to stay ahead of the draw schedule.

What is after-repair value, and why does everything depend on it?

It is what the property is worth once the scope of work is finished, supported by comparable sales. Leverage is quoted against that number rather than against the purchase price, so two deals with identical budgets can qualify very differently depending on what the finished product is worth.

Can I get one of these if I have never flipped a property?

A first project can be financed, but experience moves both the leverage and the pricing. A first-time sponsor is usually asked for more equity and for a contractor with a longer record.

What happens if the renovation runs past the loan term?

Extensions are generally available and negotiated case by case, at a cost. The practical advice is to build margin into the timeline you present: a schedule that only works if nothing goes wrong is the most common reason a flip stops being profitable.

Figures shown are current published parameters and are not an offer or commitment to lend. Availability, pricing, leverage and timelines vary by property, sponsor experience and market conditions.

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