A premiere loan program specifically designed for experienced real estate investors and expert fix and flippers.
Advantages of Miami Fix and Flip Loans
- Reliable documents. $5,000,000 credit facility
- Easy. Send us a sales contract, scope of work, and interior photos of the property to submit an application
- Fast Close. Streamlined process to close your loan in as little as 5 business days, appraisals after close
- Transparent. Final terms delivered within days of full submission
Premium Service Max Leverage
Close in as little as 5 business days Up to 90% of purchase price. Appraisal after close 70% of After Repair Value (ARV) w/ holdback 100% rehab costs.
Eligible Properties SFRs 2-4plex Condos PUDs Loan Terms Purchase and refinance Minimum loan amount: $50,000 Loans above $1M available in select markets for 12-month term with no prepayment penalty.
Qualification
- Based on completed flips in last 2 years
- No derogatory public records within the last 24 months
- No felony convictions within the last 7 years Interest Rates
- Minimum FICO of 550 Rates as low as 7.25%
- $15,000 cash reserve minimum 2
Apply for a Fix and Flip Loan in Miami, FL Now
If you are ready to apply for a Fix and Flip loan, please contact Lending Bankers Mortgage today at (786) 220-1100. We look forward to working with you soon.
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