
Bridge / Fix & FLIP LOANS
Short-term solution to meet your obligations until more permanent financing can be secured. 7 Day Closing!
This loan type gives you a short-term solution to meet your obligations until more permanent financing can be secured. It’s available for both residential and investment properties, providing flexibility in terms of time as well as whether or not you need it quickly – WE CAN CLOSE IN 7 BUSINESS DAYS!
Investors and borrowers with a great opportunity should look into these loans, which are for clients who need the funding fast because their lender cannot close them in time or want to take advantage of an investment while it lasts.
We have a variety of products for investors. The minimum down payment on these homes is 15%. Investment experience would be beneficial, but not required!
We can have you pre-qualified within 24 hours of when you send in the documents required. We close loans in 7 days if all parties work with us – Seller, Buyer and Appraiser!
-> 5 – 10 business days (bridge) average
-> 30 – 45 days (long term rental) average
Loans are made up of different amounts, but the approval rates will be similar. We can go from a 1 Million Dollar Loan Amount at 85% LTV or 50% for a $8 Million dollar loan.
Every scenario is different. With enough compensating factors your loan gets done; however understand that higher loans will require larger down payments!
The 7-day processing time is a competitive advantage. This fast turnaround means you can close on your next purchase and get into that property before someone else does!
Bridge / Fix & FLIP LOANS
Here’s the main program highlights for a Bridge / Fix & Flip / Rehab Home Loans: