Fix & Flip Loan

Fix & Flip Loan

Direct Hard Money Lender in MI for Business and Real Estate Investment

Overview

Ideal for a real estate investor who wants to buy an under market value property, fix it up and then resell. We finance the purchase of a new property plus give 100% of the rehab funds! In just 7-10 business days, we can close a loan on the purchase of a new property and then finance all of the rehab expenses. This program allow a real estate investor to come up with minimal capital and save money to use toward the next investment project.

Loan Criteria:

Interest rate: 8%.
Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties.
LTV: 100% of the Purchase Price + 100% of the Renovation Cost.
Term: 12 to 18 Months.
In-house loan servicing & draws.
Quick closing options.
Minimum FICO: 620.
Pre-Pay Penalty: N/A

Get Funding

Join the satisfied customers who choose to work with Empire Lender LLC.

24/7 Online Support

(022) - 566781433

Loan Process and Requirements

1

Submit a Loan Request

It all starts here… complete our quick and easy online application, whether you have a deal that you need funded or need a pre-approval letter.

2

Submit Supporting Documents

Provide the supporting required documents through our online portal, or email them to us, for our underwriting process. We will quickly turn around a commitment to you.

3

Document Review

We will review the title commitment, appraisal, and all other documents so that your final loan documents can be produced.

4

Closing

Once the closing has been executed, we will disburse the funds. Our average closing timeframe is 7 days

Building Foundations for a Brighter Future

At Empire Lender LLC we are proud to fund commercial properties, multi-family residential, investment residential properties, fix and flip projects, land, and construction Nationwide