FHA Streamline Refinance

LENDERLINE® is currently offering Fix and Flip to 90% Loan-to-Cost loans with the following guidelines:

  • The property must be located in the State of California.
  • SFR, PUD, and 2-4 units.
  • Investment properties only.
  • Must vest as an entity (corporation, LLC, etc.) and not as an individual.
  • Up to 90% loan-to-cost and 75% after-repair LTV for SFR/PUD and experienced flippers.
  • Up to 80% loan-to-cost and 70% after-repair LTV for 2-4 units and experienced flippers.
  • Up to 70% loan-to-cost for first-time flippers.
  • No first-time home buyers allowed.
  • No employment is indicated on the loan application.
  • No income is indicated on the loan application.
  • No ratios are calculated.
  • $150,000 minimum loan amount.
  • $2,000,000 maximum loan amount (see guidelines).
  • Choose your own contractor.
  • Choose your own architectural design.
  • No maximum repair cost.
  • See underwriting for reserves requirements.
  • Up to 24-month terms.
  • No prepayment penalty.

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LENDERLINE® is your fix and flip to 90% loan-to-cost lender of choice. fix and flip to 90% loan-to-cost loans are our specialty.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.