Fix-flip and Fix-retain Loan Programs | Rental Loans

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201-643-6650

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Fix & Flip /
Fix & Retain

Purchase LTC

Up to 80%

Up to 85%

Rehab LTC

Up to 100%

Total LTC

Up to 80%

Up to 85%

LTV ARV

Up to 65%

Up to 70%

Rates (With points)

From 9.25%

Rates (No points)

From 10.75%

Minimum FICO

660

620

Property Types

SFR, 2-4 family, Condo, Townhouse, Multifamily

Loan Amount

$115k - $3m

Loan Term

12 months

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Have you ever wanted to invest in real estate? Fix and Flip’s are a great way to build value by purchasing properties and fixing them up. Accolend’s Fix and Flip loan programs are tailored to help real estate investors make their projects a reality.

Using our no-points fix and flip loans, our borrowers have been able to profit on their real estate investments; close deals that traditional banking makes impossible; and increase the value of their communities.

Apply

You provide us with the application, including property and deal information.

We send you the proposed terms of our loan, outlined in a term sheet that includes all relevant expenses and documentation requirements.

Our underwriting team sets up your loan on our website portal to ensure a smooth documentation submission process. We coordinate with vendors such as appraisal and inspection companies, title, insurance, and legal counsel to facilitate seamless communication. Please click here for an explanatory video.

We work with you, your legal counsel, and the title company to schedule a closing date. On the closing date, we review all executed documents from your lawyer or the title company/closing agent and wire the funds.

You reach out to our draw manager with your draw request. A property inspection will be scheduled to verify completed work, and upon satisfactory completion and review, we will fund the draw. Please click here for an explanatory video./closing agent and wire the funds.

Our servicing team will assist you with extension and/or payoff requests. Extension approval requires 30 days of advance notice and the completion of an extension application/closing agent and wire the funds.

Competative Rates

We are a direct lender backed by institutional capital. With a low cost of capital, we pass the savings on to our clients, helping to protect their profit margins

Fast Service

All processing, underwriting, and closing are handled in-house by our team members. This enables us to fully control and expedite the process to meet our clients' timelines

Certainty of Execution

As a Direct Lender and Asset Manager, we have complete control over the underwriting process and our strategic direction. Our funding sources are diversified and have proven reliable across various market cycles

No Points

We launched our signature no-points programs in 2016. Since then, they have saved our borrowers millions of dollars, and allowed our broker partners to better compete

Yes, we offer loans to LLCs.

Second liens on our transactions are not allowed.

There are fees associated with legal documentation; background and criminal reports; as well as servicing setup and wire fees.

Closing time for Fix & Flip Loans is 5-10 business days.

Yes, a full appraisal will be required, including the interior.

No, we offer asset-based loans, so we will not ask you to verify your income or assets for our Fix & Flip Loans.

We will need your HUD-1 or property deeds to verify your experience.

The maximum acreage is 2 acres per property.

Yes, we work with brokers.

There are no prepayment penalties for loans with points. For no-point loan programs, the minimum term is six months.

Yes, we are a direct lender. We close in our name, work with you on draw funding, and will assist with both extensions and payoff letters.

Yes, we offer loan programs for new investors or investors with 1-2 deals experience.