1 YEAR
NO PRE-PAYMENT PENALTY:
This is a great program for investors that fix and flip properties quickly.
2 YEAR
THE 2 YEAR PROGRAM HAS A 6 MONTH PREPAYMENT PENALTY.
If you have a larger fix and flip project that you know will take longer than 1 year, CIVIC also has you covered. Avoid the stress of securing a refinance in the middle of your project, use our 2-year fix and flip loan. We offer acquisition and renovation costs on 2-year fix and flip loans just as we do on our 1-year loans.
CIVIC finances both acquisition AND renovation costs. The more real estate investment experience you have, the less out of pocket costs there will be. Simply bring your down payment to closing, use your funds to complete the first state of renovation, and as the project progesses CIVIC will reimburse you for the work completed. It's that easy.
With the increased leverage of our Rehab Financing program, borrowers like you can handle multiple projects simultaneously all while maximizing your profits!
CIVIC partners with The Home Depot®, the world's largest home improvement retailer, so we can provide additional value and solutions for your business.
WHAT MAKES THIS A GREAT PROGRAM?
- Finance up to 100% of rehab budget
- Max 75% of ARV (After Repair Value)
- Home Depot® Rapid Pass savings program
- Pricing: same rates and origination fee apply
- RehabPro™ available for qualified investors (Interest charged only on drawn funds)