Fix & Flip -
10% Down
Fix & Flip loans are short-term loans used to purchase and improve a property to then sell for a profit. These loans not only allow the borrower to make a quick return on their investment, but they also help improve communities. Pacific Equity & Loan is happy to provide capital for such loans along with low rates and flexible terms.
Our Fix & Flip loans allow the borrower to invest as little as 15%. We offer up to 90% of the borrower’s purchase price and 100% of the renovation cost.
Fix & Flip
Product highlights
BASIC INFORMATION ON OUR FIX & FLIP LOANS
- Term: 6 months
- Interest Accrual Method: Dutch
-
$75k min. loan amount (purchase + repairs),
max. loan amount $3MM - Up to 90% LTC and 75% LTARV
-
Interest rate starts as low as 11%
*Subject to underwriting approval -
Origination fee starts as low as 2.5pts
*Subject to loan terms - $200 Fee per Repair Draw
Quick and Easy
CREDIT APPROVAL REQUIREMENTS
2-3 DAY TURNAROUND TYPICALLY FOR CREDIT AND PROPERTY APPROVAL
Minimum Credit Score
Bank Statements
Must have 3 mo. interest payments
HUDs in Experience
Driver’s License
Loan Application
Documents
What We Need From You To Process
We need a few documents from you to in order to process your loan, if you have these ready to go it will speed up the process and get your loan closed quicker.
Full Appraisal
Itemized Repair Budget
On our application
Fully executed contract & any assignments you may have
Entity Docs
Hard Money loans must be business to business, therefore we have to lend to an LLC or Incorporation
Operating Agreement/Bylaws
W-9 – EIN Assignment Document
Articles of Organization
Certificate of Good Standing
We think you might be interested in these
How to Manage Multiple Hard Money Loans for Fix-and-Flip and New Construction Projects
Managing multiple hard money loans for fix-and-flip and new construction projects can be challenging, but with the right strategies, you
Design Trends for Fix and Flips in 2025: What to Expect
The fix-and-flip market is constantly evolving, and staying ahead of the design curve can make all the difference when it
December 2024 – Market Update
In this market update, we’ll unwrap the latest trends, from interest rates to inventory levels, and offer insights into what
Is Hard Money Lending a Smart Option for Large-Scale New Construction?
When it comes to large-scale new construction projects—such as multi-family buildings, commercial spaces, or mixed-use developments—financing can be one of
November 2024 – Market Update
As the leaves change and the air turns crisp, it’s the perfect time to take a fresh look at the
How the Current Market Trends Are Affecting Fix-and-Flip Opportunities in 2025
The real estate market in 2025 is presenting new challenges and opportunities for fix-and-flip investors. As interest rates stay high,
