Brokers are always looking for new and improved products to add to their mortgage toolkit. If you really want to position yourself as a competitive partner for your clients in 2025, we’ve got the solution for you: Fix & Flip Loans.
Fix and Flips loans are short-term loans designed for real estate investors who want to purchase properties to renovate and sell as quickly as possible. The swift profits are what makes it a popular option for investors, but this year it’s poised to become an even more highly-coveted program due to rising interest rates and increasing demand for affordable housing. In other words, now’s the perfect time for you to get acquainted with this loan product and tap into a new client base for your business.
Here’s a quick look at how this mortgage solution can take your business to the next level:
Fix & Flip Loans: A Closer Look
Unlike traditional mortgages, Fix & Flip loans are short-term financing options for investors who specialize in purchasing, renovating, and selling investment properties. Traditional loans, on the other hand, have longer terms and are typically intended for homebuyers or long-term investors.
If your clients want to take advantage of speed and flexibility, this is a go-to product for them. Why add them to your toolkit? These loans have many benefits, including:
We’ve established why our Fix & Flips Loans are beneficial for your clients, but how can they help your business? Well, it’s simple – by offering current and potential clients this product, you can establish yourself as a well-rounded loan officer.
- Diversified Loan Offerings:
You may already offer traditional mortgages for your homebuyer clients, but with Fix & Flip loans, you can specialize in a different niche that will open more doors for you. By diversifying your product set, you’ll ensure you reach a wider range of clients and bring in more business.
- Competitive Edge:
It’s no secret – Fix & Flip financing has become more and more popular in recent years. You want to have this solution in your toolkit as this market continues to grow. Otherwise, you risk losing clients to your competitors.
- Stronger Client Relationships:
Every broker knows that repeat business is crucial for long-term success. By offering a solution like Fix & Flip loans, you’ll not only meet your clients’ current needs but also create long-term relationships as they return for additional investment projects.
Closing Fix & Flip Loans with LendSure:
Ready to dive into the Fix & Flip business? At LendSure, we have a comprehensive program that makes it easy for you to secure fast financing for your real estate investor clients. Not only can you expect a speedy process (decisions delivered in hours) and flexible terms (high LTVs and low FICO score requirements, you also have the support of the industry’s top account executives and underwriters.
Other program highlights include:
- Any level of investor experience
- Credit scores as low as 660
- Non-owner occupied Single Family, Multi Family up to 4 units property types
- Purchase Loan Amount – up to 85% of Cost, depending on investor experience
- Construction Loan Amount – up to 100% of Cost, depending on investor experience
- Total loan amount is up to 85% of the total cost (maximum after repair value LTV 70%)
- 12-month loan term with Interest Only payments
The LendSure Way
It’s simple. We make loans that make sense. We’re not in-the-box lenders. Of course, there are numbers ratios, and data to consider, but we know that behind every file, there’s an individual with a unique circumstance seeking a loan. We work hard to offer our common-sense take on lending to borrowers seeking funding for the home of their dreams, another addition to their investment property portfolio, or refinancing of a currently-owned property.
Are you ready to benefit from a common-sense approach to lending? Contact us today to learn more about non-QM loans and how partnering with LendSure Mortgage Corp. can help grow your business.
