Fix & Flip Loans
Fix & Flip loan programs to suit every borrower
Are you renovating a property and need short-term financing to cover the purchase and/or rehab? Strategic Funding offers hard money Fix & Flip rehab loans that make funding your deals straightforward and easy.
We offer two different Fix & Flip loan programs in Central Virginia and surrounding areas, plus transactional funding, giving borrowers the opportunity to decide which approach is best suited to their own unique circumstances and goals. Which is right for you?
Program Benefits
Longer Term Lengths
This loan program offers term lengths up to 9 months, allowing more time to stabilize the property and execute your exit strategy.
Access Your Equity
Convert the equity in your investment property to cash.
No Prepayment Penalty
Apply Online Now
- Loan Features
- Fee Schedule
Interest Rate | 13.5% |
Loan Length | Up to 9 months Extensions may be available. Please contact us to discuss further. |
Minimum Loan Amount | None |
Monthly Payment | None On typical 6 month loan rehab |
Prepayment Penalty | None |
Lien Position | First position only |
Loan-to-Value | Up to 65% of After Repair Value |
Origination Fee | 4% of total loan amount Minimum of $2,995. |
Commitment Fee | $500-1000 Due upon offer acceptance. This is not an additional fee and will be credited at closing if loan is executed. |
Appraisal | $225 Withheld from loan proceeds at purchase. |
Doc Preparation | $225 Withheld from loan proceeds at purchase. |
Draw Inspection | $150 Per draw inspection, withheld from each draw release. |
Fee schedule is for guidance only. Final loan fees will be determined prior to closing and discussed with you.