Fix & Flip hard money program
Close More Deals, Faster, with Longleaf
Fix & Flip Loans
Fast & Reliable Short-term Hard Money Loan for Texas Investors
Need financing for a fix and flip project, rental bridges, loan refinancing, or land purchase?
Longleaf Lending offers short-term residential loans with the fastest closings on the market. No minimum credit score required with rates starting at 12.5%.
How to Qualify for a Fix and Flip Loan
Here are the funding guidelines for a Fix & Flip loan with Longleaf Lending.
| Loan Value | $75,000-$750,000 |
| LTV | Up to 70% ARV |
| LTC | Up to 95% |
| Interest Rate | Starting at 12.5% |
| Points | 2.5 -3.5 |
| Term | 6-12 months |
| Closing Time | As fast as 48 hours |
| Rehab | 100% financed |
| FICO | No minimum |
To apply for a loan, simply click the button below and follow the instructions. The application process is fast and easy — it doesn’t take more than a minute!
What is a Fix and Flip loan?
A fix and flip loan is especially designed for real estate investors who want to purchase a property with the intent to fix it up or renovate and afterwards resell the property for a profit.
Private lenders like Longleaf who make these loans are asset-based which means the focus is on the property’s value and cash-flow potential.
Fix and flip loans are also referred to as a rehab loan or a short-term bridge loan. It can be used to finance the acquisition of a real estate property and finance the required renovations and improvements.
Who would best benefit with a fix and flip loan?
A fix and flip loan is perfect for the savvy real estate investor looking to secure a fast and flexible financing for a quick-turnaround project.
The loan would help them quickly acquire their next project, scale their business, and maximize returns.
If you are such real estate investor, apply for pre-approval today. We can provide a Proof of Funds letter to strengthen your next offer and help you move fast compared to your competitors!
Why Should You Choose Longleaf Lending as your Fix & Flip Lender?
If you are looking for a fast and reliable hard money lender, choose Longleaf Lending as your long-term partner.
We let our track record with our former and existing clients speak for itself.
Fastest Closings
Close your loans faster. Close in as fast as 48 hours!
Easy and Efficient Process
As a direct lender, we control the process. Trust us - it's simple.
100% Rehab Financing
Our loans can cover 100% of the rehab needed for your flip project.
No Minimum FICO
We do not require a minimum credit score to qualify for a fix and flip loan.
Build a Long-Term Partnership
Build a relationship with a trusted reliable lending partner. You'll know what to expect, everytime.
Fix and Flip Loan vs. Conventional Loan
Fix and flip loans come with unique advantages compared to traditional loans from banks and other lenders.
Here are some of them below:
Faster Process
With a fix and flip loan from Longleaf Lending, you can expect a fast and easy application process that enables you to beat the competition and avoid missing out on any deals. When you apply for pre-approval, we can provide Proof of Funds letters that can strengthen your next offer.
Repairs Covered
With a fix and flip loan, the funds cover both the purchase and the repair of the property. This can take a lot of burden off from the mind (and wallet!) of the real estate investor.
Flexible Terms
Traditional loans are notoriously known for tedious processes, strict rules, and burdensome regulations. There is none of that with a fix and flip loan. Though it comes with a higher rate---the time, ease, and flexibility of a fix and flip loan more than makes up and compensates versus that of a conventional loan.
No strict limitations on property type and condition
While banks and traditional lenders have strict regulations on the types of renovations and property condition they will approve for funding, with a fix and flip loan, you can secure a loan for properties that are in a state of disrepair.
No pre-payment penalties
In traditional loans, you will typically get penalized for paying off the loan before its maturity date. With a fix and flip loan, that is not the case. Structured specifically for house flipping, the fix and flip loan will help real estate investors make a quick turnaround on their investment.
Not the type of loan you are looking for?
Recent Case Studies of Longleaf-Funded Fix & Flip Projects
Ready to get started?
You can apply even if you do not yet have a target property in mind. We can also supply a proof of funds letter to help strengthen your next offer.
If you are not yet ready to apply for a fix and flip loan, consider subscribing to our newsletter to get updates and the latest news from Longleaf Lending. Check out the articles below to help with your research.
