Fix and Flip Bridge Program

Bronze First Time Investors:   70-80 % LTV of Purchase Price & 70-80% of Rehab Cost – Min FICO 600

1 flip sold in last 36 months: 75-80 % LTV of Purchase Price & 100% of Rehab Cost – Min FICO 600

Silver 2-4 flips sold in last 36 months: 80-90% LTV of Purchase Price & 100% of Rehab Cost – Min FICO 600

Gold 5-9 flips sold in last 36 months: 85-90% LTV of Purchase Price & 100% of Rehab Cost – Min FICO 600

Platinum 9+ flips sold in last 36 months: 95% LTV of Purchase Price & 100% of Rehab Cost – Min FICO 600

*1 Active Rental Property = 1 flip sold.   1 flip sold within 36 months and 1 active rental property = Silver Tier *

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Benefits of our program

-Rehab Draws Advanced

-Initial Portion of Draw credited at closing

-No Pre Payment Penalty

-No upfront cost

-No Income or Asset verification

-Minimum Loan Amount 75,000k for purchases & 50,000 for refi’ & cashout

-7.99-12+% rate -Expedited closing available

  Closing Cost

origination fee: 2-3 points

U/W Fee: $800

Processing & Doc Fee: $300

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