Fix & Flip
Our SimpleFlip product is for investors who are buying distressed properties, rehabbing, & selling. Sensible, flexible, & fast!
Loan Criteria
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- Eligible Properties: Single Family, 2-4 Family, Multi-family, Office/Retail, Mixed Use, Warehouse & Self Storage
- Loan Terms:
12-18 months - Loan Amount:
$75K–$10M - Loan to Value:
Up to 90% of the Purchase Price + 100% of the Renovation Costs
(Not to Exceed 75% of the After Repair Value) - Minimum As-Is Property Value: Appraised value must be greater than $50k:
“As-Is” Appraised Value Must Be Greater Than $50k - Experience:
Prior Real Estate Investing Experience Not Required
But Affects Leverage & Pricing - Credit Score:
630 Minimum FICO
No Prepayment penalty interest, Only payment 1-20 Units
Why Fix & Flip?
Quick Closing
We offer a streamlined, common-sense underwriting process that is light on paperwork and strong on efficiency.
Easy loans
We take a personalized approach to each client and work to understand your unique needs and goals.
Broad box
We work with diversified institutional capital sources to enable certainty of funding at the best rates.
Client Centered Approach
Our loan officers specialize in providing assistance in securing fast and flexible funding solutions for real estate investors like you.
