Apply Today for a Fix and Flip Loan
As a property flipper, you need to have the ability to get financing at a moment’s notice. You don’t have time to fill out excessive paperwork or wait a month or longer for your financing request to be approved. Fortunately, the financial experts here at New Horizon Capital Funding understand the pressing financial needs of property flippers. To help you take advantage of great real estate deals, we offer fix and flip financing in Seattle, WA. Through this program, you can quickly receive the financing you need to be successful at what you do.
Our Fix and Flip Loan Products
We pride ourselves on offering some of the most generous fix and flip loan products in the Seattle area. These loans are appropriate for practically all property flippers and offer the following benefits:
- Fast closing times (typically within 10 to 17 days)
- Up to 85% of acquisition costs
- Up to 100% of renovations and rehab costs
- Terms up to 24 months
- Low rates
- Interest-only payment structures
- No penalties for prepayments
- Loan amounts as high as $10,000,000
- Very low origination fees
- Up to 75% of After Repair Value
This type of financing is available for a wide range of property types, including single-family, multifamily, townhouses and condos.
Fix and Flip Credit Lines
For those who don’t want to go through our loan process, we also offer fix and flip lines of credit. These credit lines can be used to finance multiple fix and flip projects at once, or they can be used for single properties. We’ll work with you to create completely customized credit lines that fit your specific project needs and future goals. Here are some of the details and benefits of our fix and flip credit line solutions.
- Low fixed rates and origination fees
- Up to 95% of rehab and renovation costs
- Up to 90% of acquisition costs
- Lines of credit are available for single properties or up to 500 properties
- Close within 18 days
- Terms out to 24 months
This type of financing is available for many types of properties, including multifamily, single-family, condos and townhouses.
Financing for Beginners and Pros
We enjoy helping property flippers improve the Seattle market by renovating old properties and making them look inviting and attractive. Our fix and flip financing in Seattle, WA, can not only help individual property flippers, but the community as a whole. We regularly extend financing to both seasoned professionals as well as new property flippers who are just getting started in the industry. You don’t need pristine credit to qualify. Even if you’ve been turned down for other types of loans before, we invite you to come to us and go through our prequalification process.
Find Out More
Fix and flip projects are important for improving all types of communities. Here at New Horizon Capital Funding, we enjoy helping project flippers succeed by giving them the financing they need to quickly take advantage of real estate project opportunities. If you’d like to learn more about our fix and flip loans and lines of credit, we’d love to sit down and chat with you. Contact us today to receive a free consultation.