Fix and Flip Rehab Loan program
If you are a real estate investor looking for a Fix and Flip Rehab Loan look no further. We have funded over 5000 rehab loans in the last 7 years and want to fund your next deal. With our common sense underwriting and quick closings, you will never look for another lender again after closing your 1st deal with us!!
Our 70% ARV Fast and Easy 7 day closing rehab program is now available in the following states:
AL, AR, CA, CO, CT, DC, DE, FL, GA, IL, IN, IA, KY, KS, LA, MD, MA, MN, MS, MO, NE, NH, NJ, NC, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY
HardMoneyMan.com provides fix and flip loans for all types of investors, from novice to experienced. If you are looking for a loan product to purchase, rehab and either resell or refinance into a long term loan, look no further. We can walk you through the process and get you from signing the contract to signing closing documents in 7 days. With our fast and easy approval process, and minimal documents needed to close compared to other lenders, HardMoneyMan.com should be your 1st choice for hard money rehab loans.
We have all loan programs for investors ranging from fix & flip loans, ground up spec home funding, 1-2 year refinance take out loans and 30 year landlord loans (5/1 arm, 10/1 arm, 30 year fixed). We have been lending to investors for almost 2 decades and provide a quick closing solution to investors across the country.
Why choose us? Below are some of the reasons you should consider as well as some of our requirements in getting a hard money fix and flip rehab loan.
Direct Lender for fix and flip’s
Credit Requirements – 600 Mid score or better
1-4 unit residential investment properties only
Borrower must show the ability to make monthly payments
Up to 90% Loan to Cost (90% purchase/90% repairs)
Up to 70% ARV
Rates from 8% -12% (depending on previous flip experience)
Same parameters in these states for ground up construction loans!
Brokers protected as always!
Same day decisions
7 day closings
Loan amounts from 25k-3M (higher case by case)
Rehab loans in NY from 125k loan amount and up
Borrower must have at least 15k in liquid assets to qualify (could be more depending on the loan amount)
Must close in a Corp or LLC name
What separates us from many other lenders is we are not just lending on rehabs, we actually rehab properties ourselves. We feel this gives us a leg up on many other lenders as we know what rehabbers face on a day to day basis and we try and make the closing and draw process as smooth as possible for them. Submit your application to the right and lets get your deal moving towards the closing table.
Is an appraisal required?
An appraisal is required for all of our loans. Although the appraisal is an expense for the potential borrower, it protects both you (borrower) and us (lender) from getting into or lending on a deal where the value is not there, or there is not enough room in the deal for both sides (buyer and lender) to have a profitable transaction. We never collect upfront appraisal fees from our borrowers, they are always paid to a local appraiser directly, and no we NEVER use an appraisal management company.