Fix and Flip &
Ground Up Program

PROPERTY TYPES:

Residential (1-4 Units)

LOAN AMOUNT

$50,000 - $5,000,000

MAXIMUM LOAN TO COST

â–  90% of Purchase and

â–  100% of Rehab Costs

MAXIMUM LOAN TO ARV

70%

TERM LENGTH

12 months, up to 18 at lender discretion

RECOURSE

Full Recourse

PROPERTY TYPES:

Residential (1-4 Units)

LOAN AMOUNT

$50,000 - $5,000,000

MAXIMUM LOAN TO COST

â– Up to 75% of the lower of land value or purchase price/60% if unpermitted, plus 100% of construction

â–  Max 80% of total project costs

â–  LTC Catch Up Draw to raise initial advance to 75% at approval of required plans/permits post-closing

MAXIMUM LOAN TO ARV

70%

TERM LENGTH

12 months, up to 18 at lender discretion

RECOURSE

Full Recourse