Fix & Flip Loans

At IGR Mortgage Services we provide Fix & Flip loans for real estate investors to acquire distressed property, fix it up and resell for profit.  Banks and conventional lenders don’t offer these programs, creating an opportunity for us to help investors build their real estate business.

Call 888-732-9450

Fix & Flip Loan Overview

A Fix & Flip loan is a short term bridge loan used to acquire a distressed property to rehab and sell for profit. We provide real estate investors with quick access to acquisition and rehab funds to help grow their real estate business. Fix & Flip loans are asset-based like hard money loans but there are additional layers of underwriting. The underwriting requirements relative to the borrower are examined more closely. These loans have a minimum FICO requirement and borowers cannot have any late payments, judgments, bankruptcies or other derogatory credit in the past 24-36 months. Underwriting will consider the borrower’s experience and business plan to make a risk-determination for the project. Also, experienced borrowers with a track-record will receive better terms than less-experienced borrowers. While the loan process is a bit more involved than a hard money loan, the average closing time is relatively fast (14-25 days). Since banks and conventional lenders do not offer Fix & Flip loans, IGR Mortgage offers a great option for active investors looking for financing for acquisition and rehab deals.


FICO Scores – 620 +
Loan Amounts – $100K to $5M
Rates – 7.24% to 11.99%
Loan Fees 2% to 5%
Term – 12 to 18 months
Up to 90% LTV of Acquisition
100% of Rehab
Up to 75% LTV of ARV
Payments – Interest Only
Closing Time – 14 – 25 Days


Quick funding for fix & flip deals
Fast Track Closing 14-25 Days
Interest Only Payments
No interest charge on un-drawn funds
Limited Income Documentation
Appraisal Required
Lend to Individual, LLC, Corp, Foreign National
Also available Multi-Family Bridge Loans to $5M

Who Should Use A Fix & Flip Loan?

Fix & Flip loans are for those real estate investors who are looking to buy discounted, REO or wholesale properties to rehab and resell for profit. Borrowers should have some experience flipping properties however all investor-levels will be considered. Investors for these loans should have a strong management team and a viable business plan including a line-item rehab budget. Also, at least ten-percent cash equity in the acquisition cost of the property is required. Provided the investor can meet these basic requirements IGR Mortgage can provide pre-approvals within 24 to 48 hours and loan closings within two to three weeks in most cases.

Call 888-732-9450


Eligible Properties For Fix & Flip Loans

Residential 1 to 4 Units

Residential is classified as single-family and plexes up to four units including condominiums, rowhouses, townhomes and P.U.D’s. At IGR Mortgage we provide funds to investors to purchase, refinance, fix & flip, or hold and rent.

Multi-Family 5 to 100 Units

Multi-family is housing where multiple units (5+) for residential use are in one or more buildings within a community or complex. We provides funds to investors to purchase or refinance with loans amounts of $100K to $5M.

Commercial & Mixed-Use

Mixed-Use is a project that blends residential and commercial uses into one integrated complex or building. Common loan scenarios are purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take-out.

If you have a question about a Fix & Flip loan give us a call to discuss the scenario. One ten-minute call may just be the ticket to a fast solution to meet your financing objectives!

IGR Mortgage Services has been providing investors with hard money loan options for over 30 years. We offer Fast & Affordable financing. for investors of every experience level. Call today to discuss your scenario!

Call 888-732-9450

IGR Mortgage Services

National Hard Money Loans
Stated Income & No-Doc Qualifying
Hassle-Free Loan Processing