Residential Fix-N-Flip Loans
Due to the nature of Fix and Flip projects, a particular brand of care, accuracy, and knowledge is required for success. To acquire that success, we provide expert deal analysis as individuals who have real world experience doing these types of projects, and between our perspective of having been in your shoes, as well as the capability to approach the deal from a lender’s underwriting perspective, we have you covered.
Without weighing down your debt-to-income ratio with conventional real estate loans, as a fast-growing, nationwide lender, we provide single-family and 1-4 unit multifamily residential construction and acquisition financing to qualified LLCs, LPs, and Corporations.
At Clontz Capital, we value the assurance of the fact that our loans aren’t rigid, and do our best to fit our loans to your deals instead of having you conform your side to a strict set of guidelines. We aim to make them as flexible as possible, and this flexibility is what allows us to reach a wider market of investors around the country – including you.
Some of the features of our Fix and Flip loans include:
- Market rates or better
- Loan amounts from $75K-$4M
- Up to 90% LTV
- Up to 24 month loan terms available
- Advanced draws for rehabs
- Integrated interest payments
- No Income, No Tax Returns, No Asset/Reserve verification
- Single family, 1-4 unit residential, condos, and townhome inclusion
We’ll make sure you keep your cash in your pocket by taking advantage of our Fix and Flip advanced rehab draws, and will fund your rehab on the front-end instead of reimbursing you for the work completed like many of our competitors.
Your financing solution will be an optimized, profitable product to work for you with Clontz Capital. With our loans, you’ll have online access to draw management on your project 24 hours a day, 7 days a week, meaning you’ll be able to manage your remaining draw balance anytime you want. And, since your monthly interest payments are integrated into the loan, you’ll have less responsibilities cluttering your calendar and To-Do lists.
Interested in a Fix-N-Flip loan? Contact us today for a consultation, and we’ll get you the financing solution you need.
Project Qualifications
- No rural areas
Borrower Qualifications
- 3-5 projects completed
- 680 FICO and above
- No bankruptcies or foreclosures in the last 7 years
- No financial crimes or fraud on background report