Fix and Flip Loan
“Transform properties with targeted, short-term funding”
Designed for real estate investors focused on renovation and resale, our Fix and Flip Loans offer targeted, short-term funding. This loan facilitates the purchase and rehabilitation of properties, enabling you to capitalize on the potential to quickly enhance and flip real estate for profit.
Program Features
| Features | Domestic Investors | Foreign Investors |
|---|---|---|
Credit/FICO Score | Minimum 650 | No US credit needed |
Down Payment | 25%-30% | 30% |
Loan Term | 6-24 Months | 6-24 Months |
Loam Amount | $150K – $5M | $150K – $5M |
LTC (Loan-to-Cost) | Up to 85% | Up to 85% |
Rehab Cost | Up to 100% | Up to 100% |
ARV (After Repair Value) | Up to 75% | Up to 75% |
Other Requirements | Detailed renovation plan with cost estimates. No previous experience required on flip projects. | Detailed renovation plan with cost estimates and Proof of previous successful flip projects may be required. |
Approval | Within 15 Days | Within 15 Days |
Get a Fix and Flip Loan in 5 Quick Steps
Contact Our Loan Officers
Work with our loan officers and get the mortgage program tailored for you.
Pre-Approval
Submit your income and fund details to determine eligibility and get pre-approval.
Submit Application
Our mortgage officer will assist you in preparing the required documents and submitting your loan application.
Loan Approval
Receive approval and finalize your loan details.
Closing
Sign your documents and secure your investment property.
Why HomeAbroad Loans?
Investor Focused
HomeAbroad Loans specializes in serving both domestic and international investors, providing tailored solutions that cater to the unique needs of a diverse clientele.
Fast Approvals
Our advanced technology platform streamlines the loan application process, allowing for faster approvals in under 30 days.
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Contact Us Now to Get StartedFAQs
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Investment Mortgage GuidesWhat is a Fix and Flip Loan?
A Fix and Flip Loan is a type of short-term financing specifically designed for real estate investors who purchase properties with the intent to renovate and sell them for a profit. These loans typically cover the cost of purchasing the property as well as the renovation expenses.
How long does it take to get approved for a Fix and Flip Loan?
Approval times for Fix and Flip Loans can vary, but they are generally faster than traditional mortgages. At HomeAbroad, we approve and fund these loans within 15 days, provided all required documentation is submitted promptly.
Can foreign investors get a Fix and Flip loan without a US credit history?
Yes, HomeAbroad offers tailored Fix and Flip loans specifically designed for foreign investors, allowing them to qualify without a US credit history. Get started today!
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