Fix & Flip Loans
Center Street Lending Fix & Flip loans are exclusively for non-owner-occupied residential real estate properties that are rehabbed and sold. Or, held and rented. These loans are Portfolio Loans that are not connected to any Government Agency.
Someone will reach out to you within 24 hours to talk to you about your funding scenario.
How do Fix & Flip Loans Work?
We fund into LLC’s with borrowers who have completed at least 2 properties in the past 12 months. Underwriting is based on predicate experience, credit, background and capital liquidity. Our focus is to understand your business.
Fix & Flip Program Criteria
3+ Fix & Flips completed in the last 24 months
$100,000 – $2,500,000+ non-owner occupied property
2 months of recent bank statements
Score and background check
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States we lend
Looking for lending in a state not listed? We do lend in other states on a case-by-case scenario. Give us a call to see what we can do for you.
Property Types We Fund
We lend on single-family residence, 2 to 4 units, townhomes, planned unit developments, or condominiums. All properties must be non-owner occupied. Foreign nationals are subject to a lower loan to cost (LTC) and loan to value (LTV) thresholds.
Ready to take the next step?
We do everything we can to make sure your clients are successful, and their loan process is easy. As a direct lender your clients won’t suffer from funding delays which means a faster close and a better result.