Fix and Hold Loans

What Are Fix and Hold Loans?

Fix and hold loans are a short-term loan product for real estate investors who are looking to purchase and renovate a property prior to refinancing with a longer-term conventional loan.  Loan funds would typically be used for the purchase and renovation of single-family, small multi-family, and mixed-use properties.

Who Can Benefit from Fix and Hold Loans?

Fix and Hold loans are ideal for properties that a borrower wants to hold for rental purposes, but may not qualify for conventional financing initially. This loan product allows a borrower to purchase, renovate, and stabilize a rental property prior to refinancing with long-term conventional loan.