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Fix & Flip and Bridge Overview

Loan Terms may vary based on

Citizenship status

U.S. credit history

Experience in U.S. real estate

Property location and characteristics

Asset Types: Single Family, 2-4 unit, Condos, Town homes, Multifamily

Leverage: Ranges from 60%–90% financing for purchase + 100% of renovation costs

Interest rate: Starting at 11%

Origination fee: Starting at 2% (based on loan size & borrower profile)

Underwriting fee: Starting at $1,000

Term: 12–18 months

Minimum loan amount: $50,000

Minimum purchase price: $60,000

Prepayment penalty: 0–3 months

High Level Terms

Process

  1. Submit intake form and supporting documents

2. Receive and approve financing offer

3. Complete due diligence which includes appraisal, title, insurance and all required borrower and property documentation

4. Final underwriting and closing with title company

Typical Closing Timeline: 2-4 Weeks

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