Fix and flip loans

Fix and Flip Programs

The best short-term solution for acquiring and improving property value. Designed for “fix-and-flip” investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its “after repaired value” (ARV). In all scenarios a detailed scope of work will be needed before an appraisal can be scheduled so that the appraiser can go over the plans and provide an After Repair Value on the appraisal report.

Key Features

  • Allows borrowers to finance improvements to the property.
  • Great for borrowers who need a quick close.
  • Short term financing to complete the project and then sell or mortgage into a long term program and hold.
  • A higher LTV than hard money lenders.

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All Rights Reserved. This is not a commitment to lend. ExpressLends' refers commercial, business purpose loans to it's affiliate investor and broker network. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain States. Rates and programs are subject to change without notice. All loans are subject to borrower underwriting and credit approval, at the investor's sole and absolute discretion. Other restrictions apply. The specific facts and circumstances of each proposed loan transaction impact whether or not ExpressLends' affiliates will be authorized to arrange loans in each applicable State. Void where prohibited.