Fix & Flip Loan

Fix & Flip Loan offered Nationwide

Fix and Flip loan differs from a traditional loan as it is specifically a short-term loan that enables investors to purchase and renovate properties for a swift resale at a profit. These loans are tailored for “fix-and-flip” investors who need short-term, interest-only financing based on the property’s “As Repaired Value” (ARV).  A lender may consider financing the renovation project cost with the structure of their loan.  

Our clients can use our fix and flip loan in a variety of ways:

• We lend up to 90% or more of the purchase price + 100% of renovation costs, not to exceed 75% of the ARV ( after repair value ).
• Added Value: By constructing or expanding on the existing structure such as incorporating an ADU, a new bedroom, or a bathroom. 
• Renovations: Update a distressed house to today’s standard and make it more appealing to potential buyers.  

Loan Program Highlights

• Allows borrowers to finance their improvements
• Great for borrowers who need a quick close
• Low single-digit interest rates
• Streamline process with no prepayment clause
• A low interest-only 1-year term provides lower monthly payments

Benefits of the Loan Program

We focus more on the Collateral than the Borrower’s Income or Credit Score. If you are looking to buy, renovate add an ADU for a quick profit then we have the right loan for you.  Our short-term interest only with little or no prepay offering our clients to retain profits upon sale of their property.  RGC Capital helps you leverage your funds and bridge the gap by facilitating up to 100% of your renovation cost.

Types of Properties Eligible for Fix & Flip Loan

• Investor 1-4: SFR, Condo, and 2-4 Units

Target Clientele for this Loan Program

Our nationwide fix and flip loans can be tailored for a first-time flipper or experienced real estate investor.

Documents required for the Loan Program Application

1. Sign RGC Capital loan proposal (LOI)
2. Driver’s license & social security card – for each borrower
3. Loan application (click here for the business purpose application)
4. Insurance quote on all properties owned
5. Current mortgage statement and insurance on all properties owned 
6. Purchase Agreement
7. If cash out, a letter of explanation
8. Renovation cost
9. Submit track record history
10. Complete entity docs if corporation or LLC