Fix-and-flip loans
Fix-and-flip loans provide short-term business-purpose financing for an investment property's purchase and renovation before resale.
Short answer
Fix-and-flip loans provide short-term business-purpose financing for an investment property's purchase and renovation before resale. The lender evaluates acquisition cost, scope of work, after-repair value, borrower experience, liquidity, and the exit plan. These are investment loans, not a substitute for owner-occupied renovation financing or a promise of project profit.
Who this is for
- Investors buying a property to renovate and sell
- Operators comparing acquisition and renovation financing
- Investors testing a resale plan against a rental fallback
What it takes to qualify
- Purchase contract, current condition, and detailed renovation budget
- Contractor plan, permits, timeline, and experience
- Estimated resale value, cash reserves, and backup exit strategy
How it works with me
A process you can see the whole way through
Explain the goal
Start with the property, location, intended use, and timing. The short form carries this product into the team's review.
Review the evidence
Purchase contract, current condition, and detailed renovation budget. Contractor plan, permits, timeline, and experience. Estimated resale value, cash reserves, and backup exit strategy. Use the secure application for financial documents.
Compare actual options
The team checks current program requirements and complete costs before you choose whether to apply.
What to know before you decide
Cash flow during the renovation can decide the project
Renovation funds may be released through inspected draws rather than at closing. Plan for deposits, work completed before reimbursement, interest, taxes, insurance, and contingencies. A lender's approval of a budget does not guarantee that contractors finish on time or that resale supports the projected price.
Compare the tradeoffs
Compare origination fees, draw charges, interest on funded versus committed amounts, extension terms, and the cost of a delayed sale. Model a slower exit and a lower resale price before committing.
Rates and terms subject to change without notice. Not a commitment to lend. Not available in all states. This is not tax, legal, or financial advice. Consult a qualified professional for your specific situation.
Run your own numbers first
A generic calculator cannot establish eligibility for this program. Start with a documentation and property review.
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Fix-and-flip loans: common questions
Can I live in a home financed with a business-purpose flip loan?
This path is for genuine investment use, not your primary residence. For a home you intend to occupy, start with an owner-occupied renovation or construction review instead.
Does the website check affect my credit?
No. The website assessment does not pull credit or approve a loan. It sends your answers to the team so the next conversation starts with your situation.
Fine-tune your Fix-and-flip loans plan
Send the property, purpose, timing, and numbers you already know. The email opens prefilled for this Fix-and-flip loans page so the review starts in the right lane.
Business-purpose and investor loans (including DSCR) are available in 40+ states.