Lending programs / Transaction review
Fix & Flip Financing
Acquisition and renovation financing review for investment properties with a documented improvement plan and resale strategy.
Program overview
A complete plan from purchase to resale.
A fix-and-flip request brings the acquisition, renovation budget, execution capacity, and planned resale into one review. We consider the property’s current condition, the scope of work, available reserves, and the assumptions supporting the exit.
Common financing scenarios
- Purchase and renovation of an investment property
- Refinance during an improvement project
- Repositioning a property for planned resale
Underwriting review
| Collateral review | As-is and completed value, renovation costs, execution risk, borrower liquidity, and a supported resale plan. |
|---|---|
| Loan amount & leverage | Determined after reviewing property value, existing debt, borrower equity, and the funding source’s requirements. |
| Rate & points | Quoted for the individual transaction. Pricing depends on structure, leverage, property profile, and funding acceptance. |
| Loan term | Structured around the business plan and repayment timeline, subject to the capital provider’s criteria. |
| Closing conditions | Valuation, title, insurance, entity or borrower documentation, and other conditions identified during review. |
Information to prepare
- Purchase details and current property condition
- Detailed scope of work and renovation budget
- Contractor information, schedule, and support for completed value
- Borrower experience and available reserves
- Sales strategy and target completion timeline
These are initial review criteria, not an exhaustive checklist. Additional requirements depend on the property, borrower, purpose, and funding source. Availability and terms are not guaranteed.
Let’s review your next transaction.
Start with the property, the financing need, and your exit strategy.