Fix and Flip loans are bridge loans used to facilitate the sale of a property being purchased with the intent to (renovate) fix and sell (flip). These fix and flip loans are meant for short-term rehab projects, with term lengths up to 24 months. At T4 Lending, we’ll cover up to 85% of the purchase price of the property and 100% of the rehab costs.

Fix and Flip loans are for real estate investors who plan to renovate and resell their investment properties. They are not for long-term investment properties, or properties with more than [9] units on site. [If you have more than [9] units on the property, check out our [Multifamily program].]

T4 Lending’s Fix and Flip loan offers same day approval and closing in as little as 5-days. Our senior principals work closely with our borrowers to ensure certainly of execution. We close loans in as little as 5 days!

For fix and flip loans, we require Hazard, Builder’s Risk, and Commercial General Liability insurance. We also require that borrowers carry flood insurance on properties in a flood zone. The maximum allowable deductible per property is 5 percent of the insured value. Our preferred insurer is [Aon Affinity].