Fix and Flip Financing
New Horizon Capital Funding provides fix and flip financing solutions to property investors at all levels. Whether you are taking on your first fix and flip project, or you are a seasoned pro renovating multiple properties at once, we can scale a financing solution to meet your needs with our fix and flip lines of credit, as well as our fix and flip loans.
Fix and Flip Lines of CreditÂ
Fix and flip lines of credit from New Horizon Capital Funding feature:
- Lines of credit from $500,000 to $5 million
- Up to 90% of cost for property acquisitions
- Up to 95% of cost for renovations
- Closings within 18 days
- Fixed rates starting at 7.49%
- Origination fees starting at 2%
- Terms from 12 to 24 months
Fix and Flip Loans
We also offer fix and flip loans that include:
- Loan amounts from $60,000 to $10 million
- Up to 85% of cost for property acquisitions
- Up to 100% of cost for renovations
- Up to 75% ARV
- Fast closings in 10 to 17 days
- Rates starting at 8.5% interest-only
- Origination fees from 2.5% to 6%
- Terms up to 24 months
- No prepayment penalties
Fix and flip financing from New Horizon Capital Funding can be used for the following property types:
- Condos
- Single-family
- Townhouses
- Multifamily properties
Contact the team at New Horizon Capital Funding today to learn more about our fix and flip financing solutions.