Fix & Flip Loans
RD Advisors' fix & flip program provides the funding that borrowers need to purchase and rehabilitate a property with speed and flexibility.
Property Types
Single Family Homes, Multifamilies, Condominiums, and Mixed Use Properties
Loan Amount
1
$200,000 – $3,000,000
Starting Interest Rate
9.95%
Advance Rate on Purchase
Up to 85%
Advance Rate on Renovation Costs
100%
Maximum Loan to After Repair Value (LTARV)
75%
Term Length
3 – 18 months
Recourse
Full Recourse
Origination Points
2
Expected Closing Time
2
10 days
Appraisal
Desktop / Third Party
Prepay Penalty
No
Extension Available
Yes
Cross Collateral Accepted?
Yes
Minimum FICO
None
- On any single transaction
- This only reflects an expected closing time. Actual closing times vary.