Fix and Flip Loan Program

Rates Starting At 9.75%

Loan Amount

$50,000 – $5,000,000

Maximum Loan to Cost

Up to 90% LTC

Maximum Loan to Value

Up to 75% ARV

Term Length

6 – 24 Month Term

Further Extensions Allowed at Lender’s Discretion

Rates

9.75% – 15%

Minimum Credit

600

Recourse

Full Recourse

Minimum Experience

No Minimum Experience Required

Fix and Flip

Loan Details

Paramount Capital Lending focuses on residential real estate and is able to fund a variety of properties across 42 states, including the following types of investment properties:.

Single-Family (1-4 Unit)
Multi-Family (5-30 Unit)
Townhomes
Condominiums
Planned Unit Developments (PUD)

Paramount Capital Lending simplifies the closing process by eliminating junk fees and offering clear, straightforward pricing.

Underwriting and Due Diligence Fee: $1,500.00
Attorney Document and Preparation Review: $995.00
Third-Party Appraisal: $700.00 – $1,400.00
Origination Fee: 1% – 2%

You’ll appreciate the simplicity of closing with Paramount Capital Lending, thanks to our straightforward underwriting process. To expedite your application, here are the key items you’ll need to gather:

Credit and Background Check
Purchase Agreement (If Applicable)
Project Budget/Scope of Work
Track Record
Borrowing Entity Documents

What Are

Fix and Flip Loans

Fix-and-flip loans are short-term financing options designed for real estate investors who buy and renovate properties with the goal of selling them for a profit or refinancing afterward. Improvements can vary from minor updates to full-scale renovations of the property. The initial draw is determined based on the property’s as-is value, while renovation funds are released in stages through construction draws.