Fix-and-Flip Loans & Financing
Premier Lending Partner provides fast, reliable fix-and-flip loans for the purchase and rehab of investment properties with high leverage.
What Are Fix-and-Flip Loans?
Fix-and-flip loans are short-term financing used by real estate investors to purchase and renovate properties for resale at a profit. These loans cover purchase and rehab costs, are typically interest-only, and have higher rates than traditional loans. They’re secured by the property, with repayment due after the flip is complete or within a set term, usually 12-24 months.
How Fix-and-Flip Loans Work
Fix-and-flip loan is a short-term financing option for real estate investors to purchase, renovate, and resell a property for profit. The loan typically covers the purchase price and renovation costs. Lenders offer these loans based on the property’s after-repair value (ARV), not the buyer’s credit score. Once renovations are complete, the investor sells the property and repays the loan, ideally making a profit.
How To Use a Fix-and-Flip Loan
To use a fix-and-flip loan, secure the loan, buy a property needing repairs, renovate it within the loan’s term, and then sell it to repay the loan, ideally at a higher price than your total investment.
Cash Flow
A fix-and-flip loan provides funds for purchasing and renovating a property, with repayment based on the property's sale, generating short-term cash flow.
Financing
These loans can act as a bridge between acquiring a property and selling it.
Expansion
Fix-and-flip loans allow investors to quickly turn over properties and reinvest profits into new projects.
Why Apply for a Fix-and-Flip Loan?
New Purchase
We offer funding for your purchase and can close in as little as 7 days, giving you a competitive edge against cash buyers. Additionally, we cover all rehab costs, helping you bring your vision to life.
Delayed Purchase Refinance
Using your personal funds or home equity to buy a property, restore your original cash position within 3 months of the property purchase.
Seasoned Finance
Have you owned your investment property for three months or more? Our fix-and-flip loans could be the ideal solution to give you the extra boost needed to reach the finish line.
Minimum Eligibility Requirements
Getting a fix-and-flip loan is easy when your business meets these minimum requirements. Find out how much you can get for your business when you apply today.
Better Your Business With Premier Lend Partner
Fix-and-Flip Loans FAQ
Our fix-and-flip loans provide high leverage of up to 95% LTC, designed to help you purchase and renovate properties while aligning with both your short-term and long-term investment goals.
Our fix-and-flip loans cater to a wide range of properties, such as single-family homes, condos, multi-unit residences, manufactured homes, PUDs, and more, providing diverse investment opportunities.
At Premier Lending Partner, we prioritize transparency. Our fix-and-flip loans feature competitive fees, no prepayment penalties, and no hidden exit costs, ensuring a straightforward ROI and smooth project completion.
Count on exceptional service from our committed team. We guarantee quick loan approvals and an even faster process for returning clients, streamlining your fix-and-flip projects for greater ease and efficiency.
We offer favorable rates and terms. We don’t charge application fees, keeping your project’s costs in check.
Get Financing Today
Get started with your application and join Premier Lending Partner of forward-thinking businesses.