Loan Product Overview – Short-Term Fix & Flip / Purchase Rehab Loans

Program Type:

SISA – Stated Income, Stated Assets

Highlights

Designed for Fix & Flip and Purchase + Rehab projects
Fast closings: typically within 7 business days once documentation is complete
Loan term: 6–9 months (no prepayment penalties)
Loan amounts: $100,000 to $1,000,000
- Higher loan amounts available on a case-by-case basis
Eligible properties: Non-owner-occupied residential investment properties
Available markets: AZ, CA, CO, D.C., FL, MD, NC, TN, TX, VA, WA

Loan-to-Value (LTV) Options

Borrower Type	Max LTV	Rehab Funds Covered	Notes
Experienced Investor	Up to 80–85%	Up to 90–100% of rehab	Based on track record
First-Time Investor	Up to 75%	Up to 75% of rehab	OK for beginners
Low Credit Borrower	Up to 65%	Up to 75% of rehab	FICO not a major factor

Alternative Option:
Some borrowers use this loan simply for 85% of purchase price only, with no construction draw.

Equity & Cash Requirements

Borrower must contribute at least 20% of the purchase price (cash or verified funds).
Down payment, closing costs, and 6 months of interest-only (I.O.) payments are typically required.
- 💡 Flex Option: Borrowers may waive the 6-month reserve requirement by accepting a slightly higher interest rate — often resulting in faster funding.
Funds can come from any source — partner, business account, or third party.
- No seasoning required.
- Gap funding or 2nd liens behind our loan are permitted (unlike most lenders).
- Acceptable sources: personal, business, LOC, stock, IRA, etc.

Terms & Fees

Points: 4%
Lender Fee: $995
Processing Fee: $895
Interest: Accrues only on rehab funds when drawn, unless otherwise stated

Borrower & Entity Requirements

No personal guarantor required if borrowing through a Corp or LLC
If borrowing as an individual, a non-related personal guarantor is required
- Guarantor will not be on title or on the loan

Any type of residential property. Click here for SPECIFIC LOAN APPLICATION investment loan only.
Click here for Rehab spread sheet
Credit report we will pull or if broker submitted need full 3 bureau – but we still have to pull it
Borrower authorization Borrower’s Authorization
Borrower authorization to run and pay for credit Credit $ Authorization Form
Borrower authorization To Wire Funds Authorization to Wire Funds
SI form – Statement of Information SI Form – Statement of Information
How do you want to hold title Vesting Form For Borrower
Social Media disclosure Social Media Disclosure
**To expedite your file organize documents in adobe format “.pdf”.

See image below for markets we are lending in for this particular loan product.

Current Markets Available: AZ, CA, CO, D.C., FL, MD, NC, TN, TX, VA, WA

Any rates and terms stated above are for professional real estate mortgage brokers and bankers only. Rates, terms and procedures subject to change daily, these web pages, and any attachments, contains information that is, or may be, covered by electronic communications privacy laws, and is also confidential and proprietary in nature. If you are not the intended recipient, please be advised that you are legally prohibited from retaining, using, copying, distributing, or otherwise disclosing this information in any manner. Thank you in advance for your cooperation.