FIX & FLIP
LOAN CRITERIA
EXPERIENCE LEVEL: Completed 5+ Fix and Flips in the Last 3 Years
Purchase
Light Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 95% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 75% of the ARV
Purchase
Moderate Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 92.5% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 75% of the ARV
Purchase
Heavy Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 85% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 70% of the ARV
EXPERIENCE LEVEL: Completed 1-4 Fix and Flips in the Last 3 Years
Purchase
Light Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 90% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 75% of the ARV
Purchase
Moderate Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 90% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 72.5% of the ARV
Purchase
Heavy Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 80% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 65% of the ARV
EXPERIENCE LEVEL: Completed 0 Fix and Flips in the Last 3 Years
Purchase
Light Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 85% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 70% of the ARV
Purchase
Moderate Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 85% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 70% of the ARV
Purchase
Heavy Rehab
Maximum Loan-to-Value
Maximum After-Repair Value
Up to 70% of Purchase Price
+ 100% of Rehab Costs
+ 100% of Rehab Costs
Up to 60% of the ARV