Buy, renovate & sell the easy way
Fix and flip loan is a short-term bridge loan that helps real estate investors to strengthen their investment portfolio. By covering the entire home renovation costs, it allows you to purchase inexpensive properties, fix them up, and sell them at lucrative prices. An easy-to-avail home loan product, the Fix & Flip loan supports the entire home improvement expenses, right from minor renovations to complete reconstruction.
Fix & Flip loans are generally given for a 12- to 18-month time period. The loan starts at $50,000 and covers up to 100% of the renovation costs. A quick financing option, the loan comes with flexible terms and interest-only options.
- Short term loans
- Loan amount ranges from $50,000 to $3,500,000
- Requires minimum FICO of 600
- Covers up to 90% of the Purchase Cost and 100% of the renovation cost
- No pre-payment penalty
- Painless underwriting process
- Up to 24-month interest-only option
Real estate investors who want to buy distressed properties and sell them at higher market price, post renovation.
Home buyers who want to purchase a house for only a short period.
