Fix and Flip Loans

If you’re a real estate investor in Chico, Walnut Creek, Paradise CA, Sacramento, or anywhere else in California, Tim Kemper at Stanford Mortgage offers some of the most competitive fix and flip loans and new construction financing available.

Fix and Flip Line of Credit

The fix and flip line of credit has an exposure line up to $100 million for experienced investors (defined as one or more completed flip in the past two years). There is funding up to 90% of purchase price, 95% of rehab and 75% loan-to-value, with recourse and non-recourse options available. This loan has a 9 month term, with an option for a 3 month extension. There is no prepayment penalty and 3 months minimum interest! You can borrow as an individual, LLC or corporation, with the credit requirement being a minimum 620 FICO score. This loan is eligible for multiple non-owner occupied property types, including single family residences, 2-4 family units, condos, townhomes, multi-family properties up to 20 units and ground-up construction.

Fix and Flip Single Loan

Whether you are a novice or experienced investor, this single property loan for between $50,000 and $3 million is one of your best options. This loan has a 9 month term, with an option for a 3 month extension. The fix and flip single loan has acquisition financing up to 85% of purchase price, and rehab financing for up to 85% of rehab costs, with a maximum 70% of the ARV. There is no prepayment penalty and 3 months minimum interest! You can borrow as an individual, LLC or corporation, with the credit requirement being a minimum 620 FICO score. This loan is eligible for multiple non-owner occupied property types, including single family residences, 2-4 family units, condos, townhomes, multi-family properties up to 20 units and ground-up construction.

New Construction Financing

New construction financing is available for ground-up construction for developers and investors, for loans between $150,000 and $3 million with funding up to 75% of land value, 95% of construction budget and 75% loan-to-value. This loan option has a term of 12 months, with optional 3 month extensions. There is no prepayment penalty and 3 months minimum interest! You can borrow as an individual, LLC or corporation, with the credit requirement being a minimum 620 FICO score. This loan is eligible for multiple non-owner occupied property types, including single family residences, 2-4 family units, condos, townhomes, multi-family properties up to 20 units and ground-up construction.

Get Pre-Qualified for a Fix and Flip Loan

If you are interested in learning more about fix and flip loans in Chico, Walnut Creek, Paradise CA, Sacramento or anywhere else in California, or to apply today, contact Tim Kemper at Stanford Mortgage at (530) 571-7723, or simply fill out the form on this page!