What is Fix and Flip Loans?
Fix and flip loans are short-term financing solutions designed for real estate investors who purchase distressed properties, renovate them, and resell them for a profit. These loans provide capital for both the acquisition of the property and the rehabilitation costs, making them an all-in-one solution for house flipping projects.
At Roxford Holdings, our fix and flip loan program offers fast closings in as little as 7-10 days, interest-only payments during the renovation period, and financing up to 90% of the purchase price plus rehabilitation costs. This allows experienced flippers to maximize their leverage and take on multiple projects simultaneously.
Fix and flip loans are typically structured as 6-18 month terms with the expectation that the property will be renovated and sold within that timeframe. They feature asset-based underwriting, meaning the property's after-repair value (ARV) is a primary qualification factor, and no prepayment penalties so you can sell and pay off the loan as soon as the project is complete.
How it compares: Fix and flip loans are short-term (6-18 months) with higher rates than traditional mortgages, but offer speed and flexibility that conventional lenders cannot match for renovation projects.
Who Qualifies for Fix and Flip Loans?
How to Apply for Fix and Flip Loans
Find a property with flip potential and estimate after-repair value (ARV)
Apply with Roxford Holdings with your purchase contract and renovation budget
Receive approval based on the property's ARV and your investment experience
Close quickly (7-14 days) and begin renovations with draw-based funding
Complete renovations, sell the property, and pay off the loan with no prepayment penalty
Key Features
Benefits
Requirements
Real estate investment experience
Detailed project timeline
Exit strategy documentation
Property improvement plans
Adequate liquidity reserves
Frequently Asked Questions
Fix and flip loans can typically close in 7-14 days, much faster than traditional mortgages, allowing you to act quickly on investment opportunities.
Most fix and flip loans offer extension options for additional fees. It's important to have realistic timelines and contingency plans for your renovation projects.
Renovation funds are typically disbursed in draws as work is completed and verified. This protects both the lender and the borrower by ensuring funds are used for intended improvements.
Ready to Get Started with Fix and Flip Loans?
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"They explained to us in very detailed step by step information for first time house buyers."
Jessica A.
First Time Home Buyer
Roxford Holdings Inc
"Buying my first home was something I thought would be impossible, but Martin and his team made the whole process smooth and possible. I highly recommend working with him and his team, they really do make dreams come true."
Rigo D.
First Time Home Buyer
Roxford Holdings Inc
"Martin helped my husband and I refinanced our mortgage. We went to several locations; however, I'm glad we didn't settle. Martin was able to lower our interest rate. The process was fast and smooth; which, it is highly appreciated. Martin, is knowledgeable and respectful. Thanks Martin!!!!"
Araceli M.
Mortgage Refinance Client
Roxford Holdings Inc
"They explained to us in very detailed step by step information for first time house buyers."
Jessica A.
First Time Home Buyer
Roxford Holdings Inc
"Buying my first home was something I thought would be impossible, but Martin and his team made the whole process smooth and possible. I highly recommend working with him and his team, they really do make dreams come true."
Rigo D.
First Time Home Buyer
Roxford Holdings Inc
"Martin helped my husband and I refinanced our mortgage. We went to several locations; however, I'm glad we didn't settle. Martin was able to lower our interest rate. The process was fast and smooth; which, it is highly appreciated. Martin, is knowledgeable and respectful. Thanks Martin!!!!"
Araceli M.
Mortgage Refinance Client
Roxford Holdings Inc