Flipping a house is a lucrative endeavor, but you need to purchase the property before you can make the sale. On top of that, you need funds to renovate the home and increase its value. The good news is, Jersey Commercial Lending is here to provide entrepreneurs with fix and flip financing so you can make a profit.

How Fix and Flip Loans Benefit Property Investors

There are two types of fix and flip financing options: loans and lines of credit. Our loans offer a wide variety of benefits:

• Fast closing in as little as 10 days
• 24-month terms
• Low interest rates
• No prepayment penalties
• Renovation costs covered up to 100%
• Purchasing costs covered up to 85%
• Large lending amounts up to $10 million

Why You Should Apply for a Fix and Flip Line of Credit

Lines of credit offer more flexibility because you can draw funds at your own pace. Fix and flip lines of credit offer the following:

• Fast closing in as little as 18 days
• Renovation costs covered up to 95%
• Purchasing costs covered up to 90%
• Large lending amounts up to $5 million

Where You Can Find Competitive Terms

Jersey Commercial Lending offers competitive rates and fast approval. If you’re interested in fix and flip financing, we can set up a consultation with one of our financial professionals. To get started, give us a call today.