Fix & Flip Loans
Get the financing you need for your fix & flip and fix & hold properties
Our Fix & Flip loans allow investors to acquire and/or renovate various types of properties.
Key Facts About Our Fix & Flip Loans
- NO prior experience required
- Extensive rehab financing available (budgets > 50% of total costs)
- Financing for up 100% of renovation expenses
- Foreign Nationals eligible
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Fix & Flip Loan
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LOAN PURPOSE
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Rehab loan for non-owner occupied residential investment property
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LOAN AMOUNT
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$50K - $5MM
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TERM
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12 months standard,
18 month option case-by-case |
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BORROWER TYPE
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Entity required
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MINIMUM EXPERIENCE
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NO prior experience required
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MAXIMUM LOAN-TO-VALUE (LTV)
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Up to 70% After Repair Value (ARV) LTV
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Maximum Loan-to-Cost (LTC)
Cost is purchase price amount |
Up to 90% LTC
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WHEN DO WE USE LTV VS LTC?
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Generally, we use the lesser of LTV or LTC calculation
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REHAB/CONSTRUCTION FINANCING
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Funding up to 100% rehab budget up to % Approved LTV of Total Costs
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FOREIGN NATIONALS
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Not allowed from ineligible country list
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PROPERTY TYPES
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Non-Owner Occupied:
- Attached or detached SFR - 2-4 unit properties - Townhomes - Condos |
Why Choose a FACo Fix & Flip Loan?
- Fix & Flip loans are great for renovation projects, big or small.
- Grow with FACo: As you fund more property loans with us and gain experience, your terms may improve.
- Extensive Rehab financing is available for larger Fix & Flip projects.
We have the product to meet your needs.
Important Note: If you are a broker, please call your FACo sales rep to initiate access to your new and enhanced portal. If you don’t know who your sales rep is, please call 1-800-227-8107.
Get Started
Complete the form below and a member of our experienced sales team will reach out to you directly to discuss your goals and answer any questions you may have.