LendingDeck Fix & Flip Loans
Our fix and flip lending program is fast, simple and stress-free. We fund up to 90% of the purchase price and up to 100% of the renovation costs. Whether you are a seasoned real estate investor or first time house flipper, we make it easy to get the financing that you need.
Rates as low as 6.875%
Interest rates based on loan to value (LTV), credit score and investment track record.
Up to 90% LTV / LTC
More leverage lets you do more deals. We'll customize a program for your growing business.
Loans up to $1.5 million
We fund loans between $100,000 and $1.5 million. Properties must appraise for at least $100,000.
Residential Real Estate
Single family homes, townhouses, condos and 2-4 unit properties (no manufactured or mobile homes).
650 Min FICO Score
Borrowers must have a middle FICO score of 650 or greater to qualify.
Individual or Entity
You may purchase in your personal name or through an LLC, Corporation or Trust.
How It Works
Start by becoming familiar with our loan program and getting pre-approved for financing. A loan specialist is happy to answer any questions you have by calling (800) 547-9080.
Once you've identified a property and have it under contract, submit a loan application along with a copy of your sales contract, scope of work and renovation budget.
We then create a single loan for you broken into two parts: 1) acquisition financing 2) renovation financing. The renovation financing will be released in draws after settlement.
Once you approve the terms, we begin processing your application with the goal to close in 2-3 weeks.
Frequently Asked Questions
Can I hold onto a renovated property as a rental?
Yes, our Fix & Rent loan program is specifically designed for investors who wish to purchase and renovate properties in order to build a rental portfolio. Once the property has been renovated, we'll work to refinance you into a 30-year rental loan.
Getting pre-approved is quick and easy. You tell us about your goals, credit, experience and how much capital you require. We can qualify you over the phone within 5 minutes and then send you a pre-approval letter to submit with your offers.
Call (800) 547-9080
Complete our online Quick Form