Fix and Flip Program
Fix and Flip Bridge Program
* Initial Credit Lines Established
– Recourse Line up to $10,000,000
– Non-Recourse Line up to $50,000,000
– Up to 95% LTC on purchase and 100% LTC on renovations
– Rate starting at 7.25 %– SFR, 2-4 Unit
– 1 point at closing– In 45 states
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