Fix & Flip Loans

Credizo Capital’s fix & flip loans are  designed for real estate investors looking to acquire, renovate, and resell properties within a 6-18 month window.


PROPERTY TYPES: 1-4 family, non owner-occupied


LENDING AREA: Northeastern and Mid-Atlantic USA focused, but will consider all major cities nationally


LOAN SIZE: From $150,000 to $1,000,000


LOAN TERM: 12-18 months


AMORTIZATION: Interest Only


INTEREST RATE: 9.99% – 12.99%


LOAN-TO-VALUE: Up to 65% of the “as repaired” or “as completed value”


ORIGINATION FEE: 2% – 3% of the loan amount


PREPAYMENT PENALTY: No Prepayment Penalty


MIN FICO: None


RECOURSE: Typically, there will be recourse to Sponsors


EXPENSE DEPOSIT: Adequate to cover third-party reports, legal fees, and customary expenses


CLOSING TIME: Typically within 10 business days