Fix & Flip Loans
Designed With You In Mind
FixFlip

Interest rate 9.99% - 13.99% (Depending On Credit)

4 Points at Closing

Term of 6 - 12 Months

Maximum Loan-To-Cost
(LTC) is 100%

Texas Fix & Flip Loan Packages

Fix & Flip A Fix & Flip B Fix & Flip C Fix & Flip Major Rehab
All Texas Properties
1-4 Family, Non-Owner Occupied
25K - 1MM Loan Size
6 - 12 Month Terms
LLC Ownership Only
Interest Rate: 9.99% Interest Rate: 11.99% Interest Rate: 13.99% Interest Rate: 13.99%
700 Credit Score 600 Credit Score No Minimum Credit Score! 600 Credit Score
75% LTV 70% LTV  70% LTV 70% LTV
100% LTC 100% LTC  100% LTC 100% LTC
50% of Rehab Cash on Hand Required 25% of Rehab Cash on Hand Required  No Cash on Hand Required 25% of Rehab Cash on Hand Required
30% Maximum Rehab Amount compared to ARV 30% Maximum Rehab Amount compared to ARV 30% Maximum Rehab Amount compared to ARV No Max Rehab Amount
No Down Payment No Down Payment No Down Payment No Down Payment

Rehab/Flip Loan Application Requirements:

Purchase Contract, Assignments, and Amendments

To accurately calculate our obligations for your loan at closing, we require the Contract, any Assignments, and all Amendments when you first submit your loan application. Any delay in submitting these forms will prevent your application from being approved.

Scope of Work / Repair Estimate


Having a detailed scope of work, including cost of labor and materials, and details on the materials being used (if applicable - framing doesn't require detailed materials list, but flooring on the other hand, should), will assist in calculating the after-repair value. Failing to provide detailed repair estimates will result in a low appraisal, and lower loan amount. If you need assistance in providing a quality Scope of Work you may use the one provided when filling out your application.

Property Photos

It is crucial to the application process that high quality, easily-viewable photos are submitted. The biggest tip - you can't provide us too many. The more photos, the better. If the photos you submit are not easy to view, or you don't provide enough, it will effectively stop your application process.

Untitled design

(Actual Photos of an ILS client Rehab/Flip Loan Recipient)

Texas Fix & Flip Good Faith Estimate

Texas Fix & Flip Documents Required For Processing

Need Pre-Approval?

We pride ourselves on being one of the most efficient lenders in the great state of Texas. Get your pre-approval today!

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ILS was created for Real Estate Investors, by Real Estate Investors.

"Our clients consistently see increased profit potential and deal volume when working with us."

Tom Berry, Vice President of Sales & Marketing

Fast-growing and easy to work with.

FixFlip

Interested in Fix & Flip funding?

If you are an investor looking for capital to fund your rehab/repair projects, we are the easiest lender to work with.

Rental

Ready to expand your rental portfolio?

If you are an investor looking for long term loans for rental properties, we are the easiest lender to work with.

Wrapable

Need assistance with owner-finance?

If you are an investor looking to get into seller financing, consider our wrap product - unique in its market!

Looking for a Pre-Approval?

Click the link below!