Fix & Flip
Fast capital for residential and small commercial flip projects. Interest-only payments, no prepayment penalties, and quick closings to keep your pipeline moving.
Flipping is a speed game. The faster you close, renovate, and sell, the higher your return. Our fix and flip lenders understand that every day of delay costs you money.
We work with lenders who can close fix and flip loans in under 2 weeks, with competitive rates and no prepayment penalties. Sell early and pay no extra. Hold longer and refinance into a rental loan.
Whether you're doing your first flip or your fiftieth, we'll match you with a lender whose terms fit your experience level and deal profile.
$1M – $50M+
Key Features
Quick Closing
Close in as little as 7-14 days. Don't lose a deal because your financing is slow.
No Prepayment Penalty
Sell the property and pay off the loan anytime without penalty.
Interest-Only
Keep monthly costs low during the renovation and sale period.
Rehab Included
Finance both the purchase and renovation costs in a single loan.
Repeat Borrower Programs
Better rates and streamlined processing for experienced flippers.
Hold or Sell Flexibility
Can't sell? Refinance into a DSCR rental loan without starting over.
Ideal For
Residential fix and flip investors
Small commercial property flips
Experienced flippers with multiple projects
First-time flippers with a strong deal
Investors who want the option to hold or sell
Quick-turn cosmetic renovation projects
Frequently Asked Questions
What is the typical interest rate on a fix and flip loan?
Fix and flip loan rates typically range from 8-12%. The exact rate depends on your experience (number of completed flips), the property's LTV/LTC, location, and the lender program. Repeat borrowers with 5+ completed flips often qualify for rates at the lower end. All fix and flip loans are interest-only, so you only pay interest on the outstanding balance each month.
How much can I borrow for a fix and flip?
Most fix and flip lenders finance up to 85-90% of total project cost (purchase price + renovation budget) and cap the loan at 70-75% of the after-repair value (ARV). For example, on a $1.5M purchase with $300K in rehab and a $2.5M ARV, you could borrow up to $1.62M (90% LTC) or $1.75M (70% ARV), whichever is lower.
What if I decide to keep the property instead of flipping it?
You have full flexibility. If the market shifts or you decide to hold the property as a rental, we can refinance your fix and flip loan into a long-term DSCR rental loan. This avoids the need to sell under pressure. Many investors use this "fix and hold" strategy intentionally — renovate with short-term capital, then refinance into a 30-year fixed loan once the property is stabilized.
Do fix and flip loans have prepayment penalties?
No. The vast majority of fix and flip programs have zero prepayment penalties. You can sell the property and pay off the loan at any time without additional fees. This is critical for flippers, since the faster you sell, the higher your return. You only pay interest for the months you hold the loan.
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