FixAndFlip
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Refinance Loan Icon
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1 YEAR

STARTING RATE 9.25%

NO PREPAYMENT PREMIUM

This is a great program for investors that want to refinance and stabilize a property with newly completed renovation or construction while you secure your exit.

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2 YEAR

STARTING RATE 9.25%

PRE-PAYMENT PREMIUM:
6 MONTHS

A two-year term gives you the flexibility to complete your fix and flip project, stabilize for long term hold, or to give you time to qualify for a conforming loan down the road.

Refinance Features - Couple discussing a house blueprint

WHAT MAKES THIS A GREAT PROGRAM?

  • No prepayment premium on 1-year term
  • Construction must be at least 90% complete. NO land loans
  • Foundation, framing, electrical, and plumbing must be 100% complete
  • Up to 80% LTV loan as-is value
  • Interest-only payments
  • Stated-income only
  • No minimum DSCR requirement on 1-year term