Updated almost 9 years ago on .

Common Sense Fix and Flip Lending
Affordable and fast fix and flip funding available nationwide! We offer a stated underwrite and do not source or season assets. GAP funding allowed as well as we don’t verify down payment funds prior to closing! Below are the 2 programs we offer:
Core High Leverage Program
-Up to 90% of Purchase Price as long as LTV is within 75% of as is value
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-8-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-No PPP
-Rehab funds are charged interest at closing
Core Leverage Program
-Up to 80% of Purchase Price
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-10-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-620 Credit score or higher
-2 completed projects or more to qualify
-No PPP
-Rehab funds are charged interest at closing
Feel free to complete our one page submission sheet for a term sheet offer at our website link below:
- Sean Richway
