Loan Amount:

$75K to $5.0M

Interest Rate:

As low as 7.99%

FICO Score:

620 minimum

Terms:

12 – 24 mos.

The US real estate market is at an all-time high. The “fix and flip” investors are seeing significant return on investments; particularly for those who are able to leverage the right type of financing. Fintrus offers a “fix and flip” loan program that’s much cheaper than hard money and offers better terms and flexibility than your traditional bank. Projects range from light rehab to heavy construction.

PROGRAM HIGHLIGHTS


Loan Amount	$75,000 to $5,000,000
Interest Rate	As low as 7.99%
Credit Score	620 minimum mid FICO
Terms	12 to 24 months interest only
Property Types	1-4 Family Residential Real Estate; Condos; Townhomes; Multi-Families (5+); Mixed-Use Properties
Loan to Value (LTV)	Up to 85% of the purchase price plus up to 100% of the renovation cost, not to exceed 75% ARV
Occupancy	Investor (non-owner occupied)
Experience	Proof of prior real estate investment or ownership (lower LTV for first time investors)
Loan Purpose	Purchase, Refinance, Renovation, Bridge, Ground Up Development/Construction
Borrower	U.S. Citizens, Permanent Resident Aliens, Legal Entities, Foreign Investors