top of page
fix and flip loans


Fix & Flip Loans for Nationwide Real Estate Investors

Stratton Equities’ private money and NON-QM mortgage loan programs are tailored to provide real estate investors with quick access to funding. Like all our direct private money lending programs we ensure a hassle-free and reliable loan process.

Fix and Flip Loans are acquired by real estate investors to purchase a cheap or rundown house and fix it up to sell it again for a profit. House-flipping borrowers interested in renovation buy low and sell high, on a fast and furious timeline and budget. 

Throughout the underwriting stage of the fix and flip loan process, Stratton Equities will lend up to 85% of the purchase price, 100% of the rehab costs, and 75% ARV with experienced real estate investors. Our average closing time for the underwriting stage is an average of 21-35 days.

To acquire a Fix and Flip Loan, an investor must prove that the subject property is profitable. Investors with a house-flipping business plan may opt for these types of loans because they require less underwriting than traditional loans. Generally, there is no penalty for paying off a Fix and Flip Loan early, so investors can move on to other dreams and other properties in which to invest.

Ready to calculate your loan scenario? Enter your investment property overview in our Mortgage Calculator.

What are Fix and Flip loans?

Everything You Need to Know About working with financing lenders for your real estate investments!


Fix and Flip Loans are asset-based loans, similar to a Hard Money Loan, however, they utilize more underwriting guidelines and criteria. While Hard Money Loans focus solely on the asset, this specific type of loan program looks at both the asset and the borrower.

The reason why people confuse Hard Money Loans with Fix & Flip Loans is because both the loan and the laws are very similar - they are both private money to an investment property and bridge loans.

Virtually all fix & flip and hard money loans are funded by hedge funds, the money comes from the same place, but the underwriting is different.

Contrary to Hard Money Loans, Fix and Flip Loans are usually sold on the secondary market and go through full underwriting with tighter guidelines. For instance, depending on the lender, Fix & Flip loans have a minimum FICO requirement. Additionally, the borrower can’t have late payments, foreclosure, judgments, or bankruptcy on their credit for 24-36 months.

Furthermore, this mortgage program is a rehab loan, which is a loan that you utilize to acquire a property and then receive the funds to rehab that property in short-term financing (9-24 months).

For example, if you are looking for a good deal to buy a house, or single-family investment property, and flip it, you would apply for this type of loan program.

How can you get a Fix and Flip Loan? 

Through Stratton Equities, the process of obtaining a fix and flip loan is thorough but quick. After finding the desired property, a prospective borrower will speak with a member of our loan officer team and pre-qualify for financing.  Once the underwriting criterion has been met, Stratton Equities will design an outline of the terms and overview of the loan.

This type of loan program is for borrowers looking to buy a house or single-family property as real estate investments. Asset-based loans cannot be used on owner-occupied properties. 

Looking for all the documents and requirements for your Fix and Flip Loan, visit our Document Library​ to discover what you need throughout the loan process.

There are several easy steps to acquire a Fix and Flip Loan with our dedicated team of loan officers who have experience working with house-flipping investors. Additionally, If you are a real estate investor or borrower who flips houses, you do not have to work with a real estate agent when working with a private lender.

In the beginning pre-approval stage, a Loan Officer will evaluate whether the real estate flipping loan scenario fits our lending criteria, assessing where the flip property is located, what the prospective price is, the rehab, and proof of funds. Additionally, We will also evaluate the borrower's information, such as previous experience, credit, and financial background. 


There are four specific areas where an investor requires money for a Fix and Flip Rehab Loan: the down payment, closing costs, reserves, and first draw. 


During the loan processing and underwriting stage with the loan processor, analyze both the investment property's value and the borrower's banking and buying history. If the numbers work, the prospective house-flipping investors will move on to the funding stage.


When the borrower reaches the funding stage, it consists of paperwork and promissory notes to sign before the funds are released. After all, elements are completed to the underwriter and closing agent's satisfaction, the allocation of funds will be disbursed to the seller of the property or directly to the borrower.


Stratton Equities will develop a Draw Schedule with the house flipping investor (borrower) to be utilized for the construction funds part of the rehab loan process.


Throughout this period, an inspector will confirm things are done to code, and Stratton Equities will release the remaining portion of the draw. Once all parties have approved the Draw Schedule, each payment installation will be transferred to the borrower or entity's bank account after the completion of each inspection.


Transferring funds to the designated bank account typically occur 2-3 days after the draw request.

Fix and Flip loan programs are tailored to provide real estate investors with quick access to funding. Like all our direct private money lending programs we ensure a hassle free and reliable loan process.

Find out more: Fix and Flip Loans 101

  • Investment Properties Only: Single-Family, Condos, Townhomes, Multi-Family, Mixed-Use

  • Rates Starting at 10.49%

  • $100K – $5M

  • Up to 85% LTV /  75% ARV

  • 100% of the Rehab

  • Blanket Loan Options Available

  • Bridge Loans Only

  • 9-24 Month Terms 

  • Foreign Nationals Eligible

  • No Prepayment Penalty Option Available

4 Steps to Processing a Fix and Flip Loan

1. Pre-Approval

When a potential borrower applies for the pre-approval process at Stratton Equities, they go through a series of steps ensuring they receive the financing that best fits their real estate investments.  After evaluating whether the real estate flipping project fits our lending criteria, we assess their previous experience, credit, and financial background.


All prospective borrowers should be prepared with their documentation of both their project needs and location, acquisition price, rehab, and proof of funds.


Our Application and Pre-Approval process can easily be determined after a quick conversation with a leading Stratton Equities Loan Officer.

2. Processing & Underwriting

When a prospective borrower’s application goes through the underwriting and loan process, it goes through a review of the borrower’s documentation as well as a written proposed scope of the project plan.


Once the application has met our underwriting criteria we will schedule an appraiser to inspect the property.


As we proceed, we will ask for additional documentation that relates to the borrower’s experience, cash availability, income, and credit. This process runs parallel to an evaluation and review of the project contractor/builder and the overall history of the property title and insurance.


At Stratton Equities, our loans can fund both individuals and entities, therefore we request our applicants to have the required formation documents and EIN for the entity.

3. Funding

After all the prospective borrower’s applications and documents have been approved, we move on to the closing and funding process. 


During this process we require all of our borrowers to complete and sign the following documents; a mortgage, security agreement, personal guarantee, investment affidavit, and assignment of rents and leases.


Once everything is completed to the satisfaction of the underwriter and closing agent, the allocation of funds will be disbursed to the seller of the property or directly to the borrower.

4. Fix and Flip Draw Schedule

On a Fix and Flip Bridge loan, the Stratton Equities team will develop a Draw Schedule with the borrower that is utilized for the construction funds part of the requested loan.

Throughout this stage, an inspector will release the portion of the loan dedicated to the renovation or construction project in stages.

Once the Draw Schedule is approved by all parties, each payment installation will be transferred to the borrower or entity‘s bank account, after completion of each inspection.

The transfer of the funds after the draw request is usually 2-3 days to the designated bank account.

Hassle-free Fix and Flip Loans

Closing Time

Stratton Equities' Fix and Flip programs are closed within an average of 21-35 days. Ensuring a quick, hassle-free process for all prospective borrowers.

Underwriting Process

As financing lenders, Stratton Equities has a flexible underwriting process that allows potential investors to easily secure funding for their real estate flipping investment goals.

Competitive Rates

Stratton Equities' loan amounts range from $75,000 to $5M. We fund fix and flip investments at interest rates starting at 9.99%-10.49% and returning borrowers receive preferred pricing.

bottom of page