Fix & Flip
Loans
Let's Talk About Fix & Flip Financing
Our fix and flip loan programs are for anyone looking to buy a "fixer." Simply purchase a property under market value, rehab it, and re-sell it as quickly as possible. We finance both acquisition costs AND renovation costs.
Program Details
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Loan Amounts up to $7.5M.
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100% Financing if ARV (After Repair Value) is ≤ 75%.
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Interest-Only Payment.
Arcstone Fix & Flip Loan Program Advantages
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No Income Documents
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NO DTI
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No Minimum FICO*
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No Prepayment Penalty**
*Impacts LTV
** 2-year program has a 6-month prepayment penalty
Who Can Benefit from a Fix & Flip Loan?
Fix & Flip loans are intended for investment (spec) fix & flip or fix and hold (rent) transaction only. There are 3 investor tiers which range from highly experienced to investors who have no prior investment property experience.
Tier 1 Investor
(Highly Experienced)
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5+ Investment Properties (owned or sold in the last 36 months)
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LTV MAX
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Acquisition 75-80%
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Rehab Funds up to 100%
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Max 75% ARV
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Owner-Builder Allowed or Use of General Contractor
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1-Year Term Only w/ No Prepayment Penalty
Tier 2 Investor
(Seasoned Experience)
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1-4 Investment Properties (owned or sold in the last 36 months)
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LTV MAX
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Acquisition 75-80%
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Rehab Funds up to 100%
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Max 75% ARV
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Owner-Builder Allowed or Use of General Contractor
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1-Year Term Only w/ No Prepayment Penalty
Tier 3 Investor
(No Experience)
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0 Investment Properties (owned or sold in the last 36 months)
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LTV MAX
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Acquisition 75-80%
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Rehab Funds up to 100%
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Max 70% ARV
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Requires General Licensed Contractor
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1-Year Term Only w/ No Prepayment Penalty
Is Fix & Flip financing right for you?
Reach out to one of our Mortgage Bankers who will assist you in your search!
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