Fix and Flip Financing
Your Fix and Flip Financing Options
Investors and businesses involved with fix-and-flip projects need funding designed to suit their unique needs. That funding also needs to move at the speed of business. First Class Lending offers fix and flip financing as loans or lines of credit with rapid closings and favorable terms.
Loans for Fix and Flip Projects
Our fix and flip loans are designed for single projects. This financing comes with up to 24-month terms, low interest rates and rapid closings in 10 to 17 days. Loans range from $60,000 to $10 million and come with some useful benefits:
- Funding up to 85% of property purchase price
- Loans for up to 100% of renovation costs
- No prepayment penalties
Fix and Flip Lines of Credit
If you’re running many fix and flip projects at once, you may find our lines of credit useful. Like our loans, you can qualify for up to 24-month terms and low interest rates. Closings on credit lines are also fast, usually in under 18 days. Credit lines between $100,000 and $5 million are available, offering a few helpful advantages:
- Up to 90% financing available for property purchases
- Funding up to 95% for renovation costs
- Able to fund up to 500 fix-and-flip projects
Talk to Our Specialists Now
Our certified financial specialists can help you apply for fix and flip financing or walk you through your options. Contact us now to get started.