Short-term funding for investors renovating and reselling 1-4 unit properties.
A fix and flip loan is short-term financing designed for real estate investors who purchase properties, renovate them, and quickly resell them for profit. These loans cover both the purchase price and renovation costs, allowing you to execute your flip strategy without using all your own capital.
Unlike traditional mortgages, fix and flip loans are asset-based, meaning approval is primarily based on the property's after-repair value (ARV) and your renovation plan, not just your personal income. This makes them accessible to both new and experienced investors looking to grow their portfolio through house flipping.
Terms sourced from multiple private lenders. Final rates and terms are determined by the lender.
9.04% - 11.00%
Starting at 9.04%
$75K - $2M
Flexible loan sizes
Up to 90%
Of purchase price
Up to 75% ARV
Of after-repair value
Up to 90%
Purchase + rehab costs
12-18 months
12 months base, 6-month extension available
Minimum 650
Soft credit pull
1.5 - 3.0 points
Varies by deal
See how a fix and flip loan works with a real-world example
Key advantages that make fix and flip loans ideal for renovation projects
We work with various property types to meet your renovation goals
Fast and efficient process from prequalification to closing
Get a quick rate estimate or check if your deal is finance-ready.