Fix and Flip Loan
In search of short-term financing to fund your next flip? CIVIC’s fix and flip loans allow you to purchase a property under market value, rehab it, and then re-sell it as quickly as possible.
Key Facts About Our Fix & Flip Loans
12 months standard
18 month option case-by-case
Funding up to 100% rehab budget up to % Approved LTV of Total Costs
Maximum Loan-To-Cost(Ltc) Cost Is Purchase Price Amount
Up to 90% LTC
Up to 70% After Repair Value (ARV) LTV
When Do We Use Ltv Vs Ltc?
Generally, we use the lesser of LTV or LTC calculation
Full Recourse Only
$50K - $5MM
Rehab loan for non-owner occupied residential investment property
Attached or detached SFR
2-4 unit properties
Not allowed from ineligible country list
NO prior experience required
Why Choose a Fix & Flip Loan?
- Fix & Flip loans are great for renovation projects, big or small.
- Grow with CIVIC: As you fund more property loans with us and gain experience, your terms may improve.
- Extensive Rehab financing is available for larger Fix & Flip projects.