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Fix and Flip Loans
Fix and Flip Loans (Also Called RTL or residential transition loan)
These loans allow the investor to purchase, and repair a property, then re-sell the property for a profit. Hence the name "fix and flip".
Fix and flip borrowers need a lender they can trust. Via our source of investor capital, we deliver reliable execution and open communication from the moment you bring us a deal. When speed is needed, we respond quickly without adding noise. Our local insights keep your next step simple and your project moving forward.
With these "fix and flip" loans there is no minimum hold requirement before flipping the property!
REQUIRES MINIMUM 660 CREDIT SCORE
Will lend up to 95% of cost or 75% of after repair value
This program currently available in all states except California, Nevada, Utah,
North Dakota, South Dakota