Eligibility criteria
Navigate financing criteria with confidence.
Our published fix & flip criteria, ratio limits for every program, and the most common reasons a submission is declined — so you know where your deal stands before you submit it.
Fix & flip criteria
The published requirements.
- Credit score
660+
660 minimum FICO and no serious delinquencies in the past 2 years.
- Max loan ratios
90% / 75%
Up to 90% loan to cost and 75% loan to after-repair value.
- Loan amount
$100K – $1.5M
Per property; minimum $50,000 per unit on 2+ units.
- Property type
1–8 units
Single-family, 2–4 unit, or 5–8 unit. Manufactured and mixed-use properties are not eligible.
- Minimum liquidity
$25K+
$25K minimum down payment, plus closing costs and 3 months of payments.
- Prepayment
None
No prepayment penalties on fix & flip loans.
- Purpose
Buy + renovate
Short-term mortgages to buy and renovate properties.
- Guarantor
One signer
One guarantor and signer with at least 25% ownership of the borrowing entity.
Quick deal check
0/4
Might your fix & flip deal fit?
Not every box checked? Other programs have different requirements — talk with our team about the right fit.
Call 310-810-1374This self-check is for general guidance only and is not a credit decision, pre-approval, or commitment to lend. Nothing you select here is stored or submitted.
By program
Maximum loan ratios by program.
Fix & Flip Loans
- 90%max loan to cost
- 75%max loan to after-repair value
Buy & Hold Loans
- 80%max loan to value
- 75%max ltv on cash-out
- 0.75minimum dscr
Short-Term Rental Loans
- 75%max loan to value
- 70%max ltv on cash-out
Bridge Loans
- 75%max loan to value
- 65%max ltv on cash-out
Construction Loans
- 80%max loan to cost
- 65%of value after completion
Bank Statement Loans
- 80%max loan to value
- 75%max ltv on cash-out
Before you submit
Five common reasons a submission gets declined.
Knowing these up front helps you submit deals that are ready to move. Questions about your scenario? Call us at 310-810-1374.
- 1
Property is not in a state that we finance, or is in a location an appraiser would consider rural
- 2
Property value or purchase price
- 3
Credit score
- 4
Liquidity
- 5
Newer investors taking on extensive rehab projects
Guarantors
For recourse loans, we only require one guarantor and signer with at least 25% ownership of the entity.
Title insurance
Required on all loans — which many local auction properties will not have.
Credit pulls
Soft pulls for short-term loans. Hard pulls for rental loans only after you accept an offer and the loan is in underwriting.
Information on this website is provided for general informational purposes and does not constitute a loan approval, commitment to lend, or offer of credit. All loan programs are for business-purpose real estate investment financing and are subject to credit, property, and underwriting review. Maximum loan ratios depend on factors including borrower experience, property type, and valuation. Terms and eligibility requirements may change without notice.
Ready when you are
Think your deal fits? Let's find out.
Submit your deal through the portal. If it's eligible for financing, you'll receive an automated email about your deal.
Prefer to talk? Call 310-810-1374