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18
Jul

Fix & Flip Loans

Whether you are an experienced Fix & Flipper looking for a new project, or a beginning investor searching for your first property, we offer Fix & Flip financing tailored to your specific needs. We focus on low rate and streamlined draw process, so you can focus on property improvements. Everyone loves showing off a successful before and after - we're here to help make it possible for you too!

Program Highlights:

  •  Rates starting from 6.99%  Interest Only for experienced flippers.
  •  Lines of credit up to $10MM with individual loan amounts from $50K to $2.5MM for investors with previous fix and flip experience.
  •  Single loans available for new investors.
  •  Financing for up to 90% of acquisition costs and 95% of renovation expenses, up to 75% After Repair Value (ARV).

Here are a few items needed to get your application going:

  1. Personal financial statement (PFS) + 60 days worth of Bank Statements (all pages) to verify liquid assets.
  2. Recent personal federal tax returns (all pages). 
  3. Recent corporate tax returns filed.
  4. Copy of Driver's License
  5. LLC or S-Corp Docs:
  • a) Articles of Formation/Incorporation
  • b) Certificate of good standing
  • c) Copy of fully executed operating agreement
  • d) Proof of EIN from IRS

Feel free to contact me for more details and scenarios.

 

 

 

 

 

Jonathan Caguioa

NMLS# 250609 / DRE# 01137630 Mobile: 949-241-2527

ALLIANZ MORTGAGE NMLS# 346138 / BRE# 01403147

13215 E. Penn St. PH1
Whittier, CA 90602

Contact Me Today

Let's find you the right home at the right price.