We Can Turn Your Next Fix & Flip Opportunity into a Reality
Our Fix & Flip loans provide flexible financing for single-family rehab properties. With high leverage, low fees, and common-sense underwriting, we help flippers push past the paperwork and get to work on their next big investment.
- Close your deal in as few as 5 days
- Up to 90% LTC and up to 70% ARV
- Purchase or refinance your flip
- Rates from as low as 9.49%
- Borrower-friendly structure with low fees
- 6 to 12 month loan terms with 6 month extension option
It Just Takes a Couple Steps to Get Started on Your Next Flip
We make it simple. Just fill out an application, and our in-house underwriting team will get to work. We’ll work with you to lock in the best rate and terms for your deal; plus, we cut out the middle man, so your loan can close faster than traditional lenders, with less red tape.
1. Submit Your Application
Fill out our online application with the details of your deal. A DLP Lending Professional will review and help evaluate your next steps.
2. Get Approved
With our “best-in-show” combination of high leverage, low fees, and common sense underwriting, our loans are flipper-friendly and structured for your success.
3. Begin Your House Flip
Once you’ve received your funding, you can get started on your flip! Receive draws as your project progresses, and you get closer to completion.
We Make it Even Easier with Easy-to-Follow Lending Terms
Our lending terms are designed to be borrower-friendly, and are built on our common sense approach to underwriting. We’re here to deliver best-in-class support, and we know how quickly deals need to be done. Take a look at our terms below, and see if DLP Lending is the right capital partner for you.
|Property Type||Single Family Residential 1 to 4 Units|
|Lending Area||AL, CO, CT, DC, DE, FL, GA, IL, IN, KS, KY, LA, MD, MO, MS, NC, NE, NJ, OH, OK, PA, SC, TN, TX, UT, VA, WA, WI, WV|
|Exit Strategy||Sale or Refinance|
|Max LTC||Up to 90% of total deal costs|
|Max LTV||Up to 70%|
|Max ARV||Up to 70%|
|Interest Rate||From 9.49%|
|Loan Term||6 to 12 months (no prepayment penalty)|
Up to 6-month extension option
|Appraisal & Inspection Fee||From $695 (paid upfront, pass-through cost)|
|Loan Origination Points||From 1.5%|
|Processing & Underwriting Fee||From $995 (paid at settlement)|
|Interest Reserves||Up to 6 months|
|Draw Inspection Fees||From $150|
Ready to Get Started on Your Next Real Estate Investment?
Speak with a Lending Professional by calling 1-484-285-8830 or fill out the form below.