What Makes A Fix And Flip Deal Fundable Fast

[Joyce Ann Magallanes]

Speed is often the difference between winning a flip and losing it to another offer. A few things that can help you close faster:

Lenders who don't require an appraisal for every deal, financing that covers up to 90% of purchase and 100% of rehab*, and no upfront costs before closing. On our end, we can close in as little as 48 hours from valuation ordered.

620 is generally the minimum credit score we work with, though terms like prepaid interest can apply depending on the deal.

If you're evaluating a flip and timing is tight, feel free to drop your scenario.

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify. This is not a commitment to lend.