Matured Fix and Flip Loans: Yes We Can
Many Borrowers have had trouble completing their projects on time and they now have a matured fix and fix loan. Most lenders will not fund matured fix and flip loans. Yes we Can!
Below are options for matured fix and flip loans with the basic parameters for FBC Funding to finance matured fix and fix loans.
Matured Fix and Flip Loans Options
Refinance Matured Fix and Flip Loans:
FBC Funding can refinance matured fix and flip loans up to 80% of the as is value offering 100% of rehab up to 75% of the after rehab value. This program also allows for closing costs and mortgage payments to be rolled into the loan so the investor can focus on completing their project. The program also allows for advanced draws for the more experienced investors with rates as low as 10% and credit scores as low as 620. The terms of the loan are based on experience, credit and property location. Apply Now
Bridge Matured Fix and Flip Loans:
For real estate investor who have substantially completed the renovations on their properties with matured fix and flip loan FBC Funding offers Bridge loan financing up to 80% of the as is value for rate and term refinances and up to 65% for cash out. Bridge loans are short term financing with no prepayment penalty. This is especially helpful for real estate investors who are looking to sell their investment property and the current lender will not extend the matured fix and flip loan. These bridge loans will allow for closing costs and payments to be rolled into the loans as well. Apply Now
DSCR Rental Matured Fix and Flip Loans
Similar to the bridge loans DSCR Rental Loans are for real estate investors who have substantially completed the renovations on their investment properties with a matured fix and flip loan but want long term financing. FBC Funding will offer up to 80% financing for return of their investment or 75% cash out. Our DSCR Long term rental loans have many options. Apply Now
Matured Construction Loan Financing
New Construction Financing
Even if you loan is a new construction loan that has matured versus a Matured Fix and Flip Loan we can a construction loan refinance, fix and flip refinance, bridge refinance or a rental loan refinance just like the matured fix and flip loan. So as a real estate investor whose loan has matured FBC Funding is unique, because most lenders will not offer any options to refinance the matured loans. Apply Now
For more information call 888-848-3114
click here to schedule an appointment to discuss options
email info@fbcfunding.com
or Apply Now
