Fix and Flip Loan
Fix & Flip Loan Program
We'll provide you the financing to turn your next fix and flip project into a reality!
Fix and Flip Loan Program
- 1.Fast Close! When you need to close fast (Our average time to close is 7 days!)
- 2.Rehab. When the property needs renovations.
- 3.High Leverage When you need high leverage (We offer up to 90% LTV)
- 4.Increase Rents Property is not yet stabilized, leased up, or generating any income.
- 5.No Income Required No verifiable income (no tax returns available).
- 6.When you only want a short term loan with no prepayment penalty
At Hard Money Loan Lender, 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 Flip and hard money programs are a great way to start leveraging your existing capital and generate more income with the ability to close & flip more projects at once! Hard Money Loan Lender finances both the acquisition and the renovation costs of the project.
You bring your initial closing costs and https://www.Hard MoneyLoanLender.com will fund the rest including reimbursing you for the renovation costs as the work is completed.
Program Summary
| Loan Amount: | $75,000 – $250 Million |
| Term Length: | 12 – 24 Months |
| Max LTV: | 90% |
| Max LTC: | 90% (exception based to 100%) |
| Amortization: | Interest only |
| Interest Rate: | Starting at 7.49% |
| Closing Time: | As fast as 5 Days! |
| Loan Use: | Purchase, refinance, Cash-out, Construction, Renovation |
Pro's Of Fix & Flip Loans:
- High Leverage (up to 85% LTC)
- Quick closing in 7 Days
- Interest-only payments
- No Prepayment Penalty
- No Income Documentation
- No Minimum Credit Requirement
- No Experience Required (Yes, we lend to new borrowers)
What Do I Need To Qualify?
- Simple... A profitable project
- LTV: Up to 90% Loan to "As Is" Value and 75% "After Repair" Value
- Origination Fee: 1.50% - 2.50% of the loan amount
- Prepayment Penalty: None
- Interest Only
- Fast Close!
Eligible Properties for Flip Rehab Loans
Single Family
Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., town homes, duplex’s, triplex’s, and quadplex’s. At HardMoneyLoanLender.com, we lend to real estate investors looking to purchase, refinance, fix & flip, or buy in order to fix it then rent it out.
Retail
Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At HardMoneyLoanLender.com, we will lend to real estate investors for: purchase, refinance, bridge to stabilization, DSCR Cash Out, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.
Multi Family Loan
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. AtHardMoneyLoan Lender.com, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $200,000 to $200 million.
Ground Up Construction Loan
Ground up construction loan. Up to 85% of the land and 100% of construction. Commercial, Investment and Owner Occupied ground up construction loans. Click Here to Apply!
Required Documents for Closing
-
Property
Documents
- Purchase Contract
- Payoff Statement (if Refinance)
- Rent Roll & Leases
- Renovation Budget (Download)
-
Personal
Documents
- Loan Application (Download)
- Track Reorder (Download)
- Last Month's Bank Statement
- Drivers License and/or Passport
-
Business
Documents
- Articles of Incorporation
- Operating Agreement (LLC) or Bylaws (Corp.)
- EIN Letter
Is a Hard Money Loan Right For Me?
Close in as little as 5 Days!
Benefits of our Hard Money Loans:
- Close in 7 Days
- Up to 90% LTV
- No Income Documentation
- Low Credit Requirement
- No Experience Required
- No Prepayment Penalty
Fix To Rent Loan, DSCR Loans, Multifamily Loans, Ground Up Construction Loans.