Fix and Flip Loan Program

A "fix and flip" loan is a short-term bridge loan used to purchase property with the intent to sell it for a profit after the renovations are complete. A fix and flip loan is a great fit in the following situations:

  1. When you need to close fast (Our average time to close is 7 days!)
  2. When the property needs renovations.
  3. When you need high leverage (We offer up to 90% LTC)
  4. When the property is not yet stabilized, leased up, or generating any income.
  5. When you can't provide verifiable income (no tax returns available).
  6. When you only want a short term loan with no prepayment penalty

At Capital Funding Financial, our fix and flip loans close very quickly... even in as little as 7 days! Our fix and flip loans require no personal income verification and very little documentation! Our Fix and Flip loans are a great way to start leveraging your existing capital and generate more income with the ability to close & flip more projects at once!

Program Overview

Loan Amount: $75,000 – $5 Million
Term Length: 12 – 18 Months
Max LTV: 85%
Max LTC: 90%
Amortization: Interest only
Interest Rate: Starting at 7.99%
Closing Time: 7 - 10 Days
Loan Use: Purchase, refinance, cash-out,
construction, renovation
Get Started Now

Speak to a Loan Advisor: 954-320-0242

Pro's Fix & Flip Loans:

  • High Leverage (up to 90% LTC)
  • Quick closing in 7 Days
  • Interest-only payments
  • No Prepayment Penalty
  • No Income Documentation
  • Low Credit Requirement (575 minimum)
  • No Experience Required (Yes, we lend to new borrowers)

What Do I Need To Qualify?

  • Simple... 575 credit and a loan scenario below 75% ARV
  • Origination Fee: 1.50% - 2.95% of the loan amount
  • Processing Fee: $495 - $795
  • Prepayment Penalty: None

Eligible Properties for Fix & Flip Loans

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At Capital Funding Financial, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding Financial, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At Capital Funding Financial, we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.

Required Documents for Closing

Property
Documents

  • Purchase Contract
  • Payoff Statement (if Refinance)
  • Rent Roll & Leases (if applicable)
  • Renovation Budget  (Download)

Personal
Documents

  • Loan Application (Download) 
  • Track Record (Download)
  • Last Month's Bank Statement
  • Drivers License and/or Passport

Business
Documents

  • Articles of Incorporation
  • Operating Agreement (LLC) or Bylaws (Corp.)
  • EIN Letter

Recently Closed Fix & Flip Loan

Capital Funding Financial recently refinanced a single family investment property in Parkland, FL. Capital Funding Financial closed the loan in less than 1 week! 

  • Loan Amount of $300,000 
  • 12 Month Term
  • Refinanced
  • Parkland, FL
  • Closed in 3 Days
  •  
fix and flip loans

Is a Fix & Flip Loan Right For Me?

loans for flipping houses

Close in as little as a week!

Benefits of our Fix & Flip Loans:

  • Close in 7 Days
  • Up to 90% LTC
  • No Income Documentation
  • Low Credit Requirement of 575
  • No Experience Required
  • No Prepayment Penalty 
GET STARTED FOR NOW

Speak to a Loan Advisor 954-320-0242

Approval Process

Close in as little as 7 Days! From start to finish in 5 easy steps!
Step
1
Submit Loan Request
Step
2
Upload Documents & Accept LOI
Step
3
Appraisal & Title Ordered
Step
4
Final Legal Review
Step
5
Closing
GET STARTED NOW