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Fix-flip and Fix‑retain
We deliver Institutional money to individual investors. We offer Low Cost financing.
Certainty of execution and Fast Closing.
Tier 1
Tier 2
Purchase LTC
Up to 80%
Up to 85%
Rehab LTC
Up to 100%
100%
Total LTC
Up to 82.5%
Up to 90%
LTV ARV
Up to 70%
Up to 70%
Rates, with points
From 9%
From 9.75%
Rates, no points
From 10.75%
From 11.75%
Experience
Not Required
Required
MIN FICO
620
680
Property Type
SFR, 2-4 Units, Condo, Townhouse
Min Loan Amount
150,000
Max Loan Amount
$3m
Term
12 months
Programs for first time borrowers
LTC for Small Rehab
Max at 80%
LTC for Large Rehab
Max at 75%
ARV
65%
Min FICO
660
FAQ
What is the closing time for Fix and Flip Loans?
Closing time for Fix and Flip Loans is 5-10 business days.
Do you require any appraisal for Fix and Flip loans?
Yes, a full appraisal will be required, including the interior.
Do your Fix & Flip loans require any income or asset verification?
No, we offer asset-based loans so for our Fix and Flip funding we will not ask you to verify your income or assets.
What will you need to verify my experience?
We will need your HUD-1 or property deeds to verify your experience.
What kind of fees do you charge?
There are fees associated with legal documentation; background and criminal reports; as well as servicing setup and wire fees.
Do you require personal guarantees for fix and flip loans?
Yes, personal guarantees are required.
Do you allow second liens on your loans?
Second liens on our transactions are not allowed.
Do you lend to LLCs?
Yes, we offer loans to LLCs.
Do you work with brokers?
Yes, we work with brokers.
Do you have the prepayment penalties?
There are no prepayment penalties for loans with points. For no-point loan programs, the minimum term is six months.
Do you offer Fix and Flip Loans to new investors?
Yes, we offer loan programs for new investors or investors with 1-2 deals experience.
Are you a direct hard-money lender?
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.
What other loan programs does Accolend offer?
We offer fix and flip, bridge, ground up construction, and rental loans.
What differentiates you from other Fix and flip lenders?
Unlike our competitors, we offer no-points programs, low rates, great customer service, smooth execution, and pragmatic underwriting.
What is your acreage limit?
The maximum acreage is 2 acres per property.