This loan is intended to help investors create “turns” and leverage capital by using loans from First Capital Asset Group. Transaction volume significantly increases operational efficiency and net profit.
Flip Loan Terms
- Financing up to 85% of Purchase Price and 100% of renovation costs.
- 2 year loan term with no pre-payment penalty.
- Loans from $60,000 to $10MM.
- Loans start at 3.9 points. Repeat clients often qualify for 2 points.
- 8.99% to 13.99% APR – Agressive competitive loan rates.
- Easy Approval – No income verification, damaged credit approvals.
- Fast Funding – 6 -10 day closings.
Residential Flip Loans are available for single family investment properties throughout the United States. Homes may not be owner occupied, or held in a Trust.