Fix And Flip Bridge Loan Program

Our Fix and Flip Bridge Loan Program

We offer Fix and Flip bridge loans to qualified investors ranging in size from $50,000 to $10,000,000 and we have the flexibility to tailor our offerings to your needs.

Bridge Loan Program Details

Fix to Flip, Fix to Rent, Ground Up Construction Loans
Non-Owner Occupant
Personal Guarantees from Controlling Principals/Sponsors; Select Non-Recourse
First Lien Position
Single Family Homes, Condominiums and Multifamily Apartments
Loan Amount - $75,000 to $10,000,000
Interest Rates - Starting at 10.50%
Interest Only Payments

Loan Term - 12 to 24 Months, Prepayable
Corporate Entity Borrowers (LLCs, corporations, limited partnerships, etc.) or Individuals
Loan Advance - Up to 90% of Purchase Costs (Purchase Price + Closing Costs), Up to 100% of Rehab Budget
Loan to Value - Up to 70% of After Repaired Value
Single or Multiple Draw Loans to Meet Client's Needs
Experience Preferred but Not Required
Minimum Credit Score - 600
Close In As Few As 5 business days

Where We Lend

Foundation currently lends on residential properties in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.

Foundation CREF LLC is not currently licensed in AZ, ID, MN, ND, NV, OR, SD, UT or VT. Foundation CREF LLC is licensed or exempt from licensing in all other states. Foundation CREF LLC lends in California under Department of Real Estate License No. 01198993. Your annual percentage rate may be increased after the fixed-rate period expires. Loans are subject to additional underwriting criteria.

Recent Closings