Fix And Flip Loans

At Speritas Capital Partners, we arrange a variety of custom financing solutions for residential property investors because no one loan product fits all investors. Through our large lender network, we offer a variety of programs that fit first-time fix and flip investors and experienced investors. And we have access to hard money and full doc loan programs and quick closings.

Fix and Flip Single Loans to Purchase a Single Property

Our lenders’ fix and flip loans for single properties feature:

  • Financing ranging from $100,000 up to $10 million
  • No prior experience required
  • 9-15 month terms, longer terms available
  • Interest-only, fixed-rate payments
  • Up to 90 percent LTV on property acquisitions
  • Up to 100 percent of rehab costs
  • Up to 75 percent of after repair value
  • No prepayment penalties
  • Closings as quick as 14 days
  • Pre-approval available for amount, LTV and rate
  • Minimum 600 FICO credit score
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, mixed use and multi-family

Fix and Flip Lines of Credit to Purchase Multiple Properties

Our lenders’ fix and flip lines of credit provide the capital necessary for everything from acquisitions, to renovations on single and multifamily properties. These lines are uncommitted lines and each property funded under the line is subject to an appraisal. Our fix and flip lines of credit offer a number of benefits, such as:

  • Lines ranging from $250,000 up to $10 million
  • Up to 90 percent LTV on acquisitions
  • Up to 95 percent of rehab costs
  • Up to 75 percent of after repair value
  • Terms up to 24 months
  • Quick closings
  • Competitive interest rates
  • Pre-approval for line amount, LTV and rate
  • Minimum 620 FICO credit score
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, mixed use and multi-family

Fix and Flip Loans for Rentals (Fix and Rent)

Our fix and rent programs are designed for investors looking to improve a property and then rent it out. We can also offer long-term financing for rental properties.

Loans for single rentals:

  • 30-year fixed
  • Full amortization
  • $75,000 and up
  • Up to 80% LTV
  • Minimum 660 FICO credit score
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, mixed use and multi-family

Loans for a portfolio of rentals:

  • Minimum 5 units
  • 5 or 10 year with balloon due at end of term
  • Up to 30 years amortization with interest-only options available
  • $700,000 to $5,000,000 loan amounts
  • Up to 75% LTV
  • Minimum 660 FICO credit score
  • Property types: Single-family detached residences, 2-4 unit residences, condominiums, townhomes, mixed use and multi-family

Get Started With Speritas Capital Partners

How does the process work? First, Speritas provides you with quotes and terms from one or more lenders. Once you accept an offer, the selected lender then orders credit checks, appraisals, and other due diligence. When everything is confirmed, Speritas will review final loan terms with you, and then you, Speritas Capital, and the lender schedule closing.

Our team specializes in financing commercial real estate transactions and projects. The experts at Speritas Capital Partners will work with you to structure a solution that meets your needs, so that you have the capital necessary to complete your fix and flip projects quickly and efficiently. C

Contact Us

You need a strategic, cost effective solution to your financing needs and a funding partner you can trust. Let us put our decades of banking and structuring experience to work for you – contact Speritas Capital Partners about financing your next fix and flip project or line of credit today.