Fix and Flip Loans to 90% Loan-to-cost

LENDERLINE® is currently offering Fix and Flip to 90% Loan-to-Cost loans with the following guidelines:

  • The property must be located in the State of California.
  • SFR, PUD, and 2-4 units.
  • Investment properties only.
  • Must vest as an entity (corporation, LLC, etc.) and not as an individual.
  • Up to 90% loan-to-cost and 75% after-repair LTV for SFR/PUD and experienced flippers.
  • Up to 80% loan-to-cost and 70% after-repair LTV for 2-4 units and experienced flippers.
  • Up to 70% loan-to-cost for first-time flippers.
  • No first-time home buyers allowed.
  • No employment is indicated on the loan application.
  • No income is indicated on the loan application.
  • No ratios are calculated.
  • $150,000 minimum loan amount.
  • $2,000,000 maximum loan amount (see guidelines).
  • Choose your own contractor.
  • Choose your own architectural design.
  • No maximum repair cost.
  • See underwriting for reserves requirements.
  • Up to 24-month terms.
  • No prepayment penalty.

To download underwriting guidelines
for our fix and flip to 90% loan-to-cost loan program:

To download a loan application
for our fix and flip to 90% loan-to-cost loan program:

LENDERLINE® is your fix and flip to 90% loan-to-cost lender of choice. fix and flip to 90% loan-to-cost loans are our specialty.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

  • Obtaining a mortgage through Lenderline was by far the best loan process we have ever experienced.

    Jay M.

    Northridge, CA

  • We have purchased and/or refinanced 4 rental properties and 3 different residences... In all those years, we have never dealt with such a professional broker.

    Toni M.

    Westlake Village, CA

  • Lenderline got us a cash-out refinance using 24 months bank statements as income, no tax returns, no 1099, and no 4506-T. They had just the loan product we were looking for, their rates were good, and their attention to detail was outstanding. I have already referred some of my friends.

    Thomas J.

    Perris, CA

  • I was at the end of my rope. Other lenders had turned me down due to a recent short sale, and I had a hard money loan with a balloon payment that was coming due. Lenderline was able to pay off my hard money loan, lower my interest rate, and provide some additional cash out at closing. What a lifesaver!

    Hector R.

    Northridge, CA

  • I had no FICO scores, and Lenderline was able to get me an FHA loan with only 3.5% down. My mortgage payment is less than my rent was, and I am now a happy homeowner thanks to the awesome loan agents at Lenderline.

    Edwin D.

    Los Angeles, CA