Residential Fix & Flip programs
Looking to Purchase and Rehab a Property?
Fixing and flipping homes is a great source of income, but it can be difficult to find the right funding. In order to renovate a home and flip it for a profit, you need sufficient capital.

Apply online
Quick Application
Please scroll down

Residential
No Income Verification Rate Sheet & Matrix #2:

Wholesale Residential Rate Sheet & Matrix #1:

Updated September 04, 2017  

Updated September 15, 2017 

No Income Verification Rate Sheet & Matrix:
No Reserves
Up To 75% LTV
$2,000,000 loan amounts
Interest Only payment available 
No Pre Payment Penalties
Stated Income for 1 – 4 unit properties:
Investment
Business purpose O/O
Foreign Nationals
Cross Collateralization
Fix & Flip
Up to 90% Loan To Value No Mortgage insurance
No Foreclosure, Short Sale or BK Seasoning
Owner occupied 90% LTV and Non Owner 85% LTV
Two years from Short Sale to 90% LTV
One year from Short Sale to 85% LTV
$3,000,000 loan amounts
50% Debt to income
Bank Statements for Income to 90% LTV
Alternative-In-Full & Asset Depletion No Income or Employment Requirement
NO Reserves, NO Pre Payment Penalties
Closing points: 5%

Maggi Plus # 4:

First mortgage #3:

Updated August 24, 2017  

Updated August 24, 2017  

Alt-A Residential Rate Sheet & Matrix*:
Rates starting at 4.875% 
90% LTV with Only 24 months seasoning from:
Foreclosure
Short Sale
Bankruptcy
No 4506T’s
Interest Only for Self Employed Borrowers
12 Months Bank Statements used for Income
$3,000,000 loan amounts
Product Type:
First Position Mortgages
30-Year Fully Amortized Term
7/1 Hybrid ARM - 7-Year Fixed Period followed by a 23-Year Adjustable Rate Period set to the 1- Year CMT Index, or a 30-Year Fixed
No Prepayment Penalty
Must have Impounds
Interest Only Payments
Bank Statements for Income
Download
Apply today. Please complete mortgage application (1003) 
                              Borrowers Authorization
                              3 years tax return (full docs only) and 3 months bank statements
                              Copy of purchase contract
                              Copy of articles of Corp or LLC
                              Rehab budget or construction budget with plans and permits
                              Most recent (tri-merge) credit report    email package to newloans@americapdirect.net
Download
Download
Residential Sub-Division development

This program is designed to provide a business loan to a Builder who has a contract to sell the home once the property is completed.
Loan amounts from $100,000 to $3,000,000
Loan amounts up to 75% of the contract price on conforming loan amounts, otherwise up to 70% of contract price. (Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts)
Land purchase may be included in the construction loan. Please call for a quote.
Foreign Nationals are eligible for this program
Deal directly with the Loan Officer/Underwriter
Full and Limited Documentation programs available
Fast pre-qualification, typically within 3 to 5 business days, closing typically within 21 days (fast track closings 14+/- days available)
Loans are available to Borrowers with excellent to less than perfect credit
Flexible draw schedules
1 to 4 family homes, see Multi-Family for more than 4 units
12 month construction term (longer terms considered on an exception basis)
Interest only payments based on funds advanced
New Builders will be considered

Rates and Fees
Rates: 7.95% to 9.95%
Loan Fee: 1.50% to 2.00%
Rates and Fees based on credit, income, savings and LTV                                                   Development: 150 homes, Elk Grove,CA
Application Fee $450, Fast Track Application Fee $1,250
Underwriting Fee: 450

Loans available in the following states: AK, AL, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WY 

Call today @ 877-998-7539 or use the "apply online" link below.

FIX AND FLIP FUNDING IN 10 DAYS
​Purchase and Refinance up to 100%

Download
While our Investment Partner offers a variety of Hard Money Loans in most states, they do not lend on primary residences or owner occupied homes. They will not make exceptions for this as they do not offer lending for this. However, they do offer hard money lending for these types of hard money loan needs:
Purchase and Cash Out Refinances for your Investment Properties  #5                  
Call today 877-998-7539
  • Our hard money purchase loans (no rehab needed) are as follows                                                 [Purchase-Money-Cash-Out-Hard-Money]
  • Loan terms 1-3 years
  • rates from 7-8%
  • 75% on purchases, 70% on rate/term refinances, 65% for cash out
  • For properties that don’t need rehab
  • Rented or vacant OK
  • Loan amounts from 50k and up
  • 10-15 day closings
  • 660 mid fico and up
  • Property types eligible for our hard money purchase money and cash out loans
  • investment properties(1-4 unit residential only), warrantable condos OK
  • We will NOT lend on owner occupied homes
  • All properties must close in a Corp or LLC name
  • Many of our borrowers use their own funds to purchase properties for cash and then use our purchase money and cash out refinances program to pull either some equity back out of the property to fund their next deal, this program is ideal for those that just rehabbed a property and either its rented or vacant, and they want to cash out to do their next deal.   Both our Hard Money purchase money and cash out refinances as well as our Soft Money purchase money and cash out refinances can close in a short amount of time.
      ARV and Construction loan program #6

70% ARV Fast and Easy 7 day closing rehab program now available in the following states:  
 AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NC, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY

  • 630 Mid fico and up (end of March 2017 this will be lowered to 600 and up)
  • 1-4 unit residential investment properties only for this program
  • Borrower must show the ability to make monthly payments
  • Up to 90% Loan to Cost (90% purchase/90% repairs) [rehab-loans]
  • Up to 70% ARV
  • Rates from 9.99% -12% (depending on experience)
  • Same parameters in these states for ground up construction loans! 
  • Brokers protected as always!
  • Same day decisions
  • 7 day closings
  • Loan amounts from 30k-3M (higher case by case)
  • Rehab loans in NY from 125k loan amount and up
  • Borrower must have 25k in liquid assets to qualify
  • Must close in a Corp or LLC name
  • Submit your rehab loans below and we will get right back to you.
Our hard money purchase loans #7 (no rehab needed) are as follows    

        [Purchase-Money-Cash-Out-Hard-Money]

  • Loan terms 1-3 years
  • rates from 7-8%
  • 75% on purchases, 70% on rate/term refinances, 65% for cash out
  • For properties that don’t need rehab
  • Rented or vacant OK
  • Loan amounts from 50k and up
  • 10-15 day closings
  • 660 mid fico and up
  • Property types eligible for our hard money purchase money and cash out loans
  • investment properties(1-4 unit residential only), warrantable condos OK
  • We will NOT lend on owner occupied homes
  • All properties must close in a Corp or LLC name
  • Many of our borrowers use their own funds to purchase properties for cash and then use our purchase money and cash out refinances program to pull either some equity back out of the property to fund their next deal, this program is ideal for those that just rehabbed a property and either its rented or vacant, and they want to cash out to do their next deal.   Both our Hard Money purchase money and cash out refinances as well as our Soft Money purchase money and cash out refinances can close in a short amount of time.
#1 Construction Loan Program in the USA   #8

This program is now available in the following states:  AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NY NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY

  • 7 day closings
  • Same day decisions
  • If you own the land that will be considered your skin in the deal
  • We lend up to 90% of lot purchase and 90% of the construction costs.
  • Rates from 9.99-12%
  • 1st time builders OK
  • Loan amounts from 30k – 3m
  • Larger loans considered case by case
  • 1-4 unit properties only

Fix and Flip Loans – The Skinny

Fix and flip is really a slang term to describe a type of real estate investment deal. The fix part is where a real estate investor purchases an undesireable single family home below market value and does some repairs to the property in order to make it more appealing. The idea is to significantly increase the market value of the property with the minimal expense possible so that the home can be resold for profit.
Typical repairs done are: adding bedrooms as needed, putting in a new kitchen, finishing a basement, replacing a roof or doing anything required to make a home have more curb appeal to buyers and of course, more valuable than when they started. It is part science and part art to know what repairs to do and how much to spend doing them.
The flip part refers to getting the property listed for sale in a short period of time and then locating a new person that will buy the home to live in it or rent it. This new buyer gets a loan and pays for the property. When the closing happens with the new buyer then the real estate investor, assuming they did the deal right, makes a profit.
Fix and flip investing has been around for quite some time, but it has become much more popular with the advent of TV shows such as Flip This House and Flip That House among others on cable stations.
If you are interested in becoming an investor who needs fix and flip loans, then you have come to the right place! Read on to discover how you can get the money you need to flip properties regardless of your credit, job history or income.
Need a Fix and Flip Loan ? Money for Your Deal?


  
Get Prequalified

Fix and Flip Loans- Even If You Have No Credit
Most properties that an investor buys with the intetion of flipping for profit do not meet FHA guidelines.

Why does that matter?
In order to qualify for “traditional” financing to buy a property, a home must meet these guidelines. Otherwise a lender can’t write a loan through Fannie Mae or Freddy Mac. Which means that you can’t walk down to your local bank or call up Wells Fargo to have them fund your deals.

The majority of fix and flip loans are financed by private money or hard money lenders.

What the heck are those, you ask? Let me explain…
These lenders will loan money based on an asset. In this case, the asset is a piece of real estate. The good ones are people who are (or have been) real estate investors themselves, so they really understand what it takes to fix a property and sell it 

Become A Pro with 100% Hard Money Financing

The 100% Hard Money Financing System gives you the both the essentials as well as a deep-dive into the world of real estate investment. The 100% Financing System provides an in-depth, comprehensive and actionable approach that includes an interactive task list with tons of valuable easy-to-access tools and resources. The modules also allow you to track your progress so you’re never left guessing. It’s a simple, interactive and immersive experience that turns you into a true real estate investment professional and ultimately allows you to reach your financial goals.
Learn More

100% Hard Money Financing Available
If your deal is good enough we’ll fund your purchase, rehab, points, interest, & closing costs.

No Pre-Payment Penalty
When you complete your rehab ahead of schedule we refund you money and you make more profit.

No Payments for 5 Months
We want you to keep the focus on completing rehab work, not worrying about making monthly payments.

No Credit or Experience Required
You can still get a loan even with zero experience and a poor credit score.

No Minimum Down Payment
No down payment when all your costs fit within 70% of the ARV.

Quick Application
Customer Name
Loan type: Purchase-Refinance-Construction-Rehab
Email
Property address
Loan to value
phone number
Fico score
sqft & age of property
Property type: House-Condo
2016 Gross income
2015 Gross income
Year to date income
Down payment?
Requested term: 2,3,5,10 or 20 years
Are you shopping this loan& any issues?
Property value
Cash out amount
Total loan needed
non owner or owner occupied
Broker name/Phone email address
Loan seeking: hard money, Conventional, VA, Construction, REHAB
Are you: Broker/Agent Principal Attorney
How fast do you need to close?
Date
Purchase price
Submit