FIX & FLIP Loan
|$50,000 – $35,000,000
|Up to 90% of the Purchase Price 110% of the Rehab Cost||12 – 18 Month Loan Term|
|Starting at 7.5% APR||No Prepayment Penalty||620 Minimum Credit Score|
Our Fix & Flip Program, we can fund up to 90% of the purchase and 110% of the renovation. (Extra 10% for contingencies If needed). Rates start at 7.50% APR. No prepayment penalty. You will only pay Interest on the outstanding balance and not on the full loan amount. 620 Is A Minimum Credit Score (Co-Signer Allowed). Points and origination fee will be from 1.5% – 2.25%. Loans are capped at 75% of the ARV. This Is for a 1-4 Units, Multi-Family (5+ Units), or Mix-used property.
Contact RCD Capital At 800.369.7009 Today To Speak With A Loan Officer and know more about fix and flip loans in California.
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