Fix and Flip Loans, Rehab Loans, Cutter Hill Capital

Fix and Flip Loans

Fix and Flip Loans

What are Fix and Flip Loans?

Fix and Flip loans are for real estate investors who want to purchase an investment property, renovate it, and sell it for profit. Unlike a conventional mortgage, a Fix and Flip loan is short-term (12 months or less) and able to close quickly.

Who Can Benefit from Fix and Flip Loans?

Fix and Flip loans are ideal for investors who need a quick closing on a non-owner occupied investment property that requires renovations prior to selling.

Fix and Flip Loans At A Glance:

Property Types:

Non-owner occupied, single-family, 2-4 unit multi-family, small mixed-use

Term:

12 months (can consider longer for certain projects)

Loan Amount:

$100,000 to $3,000,000

Interest Rates:

Rates between 10.0% - 12.0%

Loan Fees:

2.0% - 2.5%

Loan To Value (LTV):

Up to 70% purchase price

Prepayment Penalty:

None

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If you would like to apply for a Fix and Flip loan, or any of our Rehab Loans, please fill out a quick form today.