Peak Choice Capital
Fix and Flip Loans
Finance the purchase and the renovation with one loan. Up to 90% loan-to-cost, 100% of the rehab budget, and closings in as little as 5-15 business days.
Asset-based underwriting means no income verification and no tax returns.
What Is a Fix and Flip Loan?
A fix and flip loan is a short-term, asset-based loan that covers both the purchase price of a property and the cost of renovating it. Because the loan is underwritten against the property's value and the strength of your project rather than your tax returns, you can move quickly and close on deals that conventional lenders would take weeks to review.
Your renovation budget is placed into a draw account and released in stages as each phase of work is completed. When the project is finished, you either sell the property for a profit or refinance it into a long-term rental loan and keep it in your portfolio.
Typical fix and flip structure:
Purchase (up to 90% LTC) + Rehab (100% financed) = One interest-only loan, repaid on sale or refinance
Fix & Flip Loan Benefits
Everything you need to buy, renovate, and resell with confidence
How a Fix & Flip Loan Works
From pre-approval to profit in four steps
Get Pre-Approved
Send us the property, purchase price, and your scope of work. Most fix and flip pre-approvals take under 24 hours.
Close Fast
Close in as little as 5-15 business days using asset-based underwriting, so you can win competitive deals.
Fund the Rehab
Your renovation budget is held in a draw account and released in stages as each phase of work is completed.
Sell or Refinance
List the finished property for resale, or refinance into a long-term rental or DSCR loan to hold it.
Fix & Flip Loan Terms
Flexible terms built around your project
Loan-to-Cost
Up to 90% of the purchase price plus 100% of the rehab budget
Loan Amounts
Typically $100,000 to $5,000,000 per project
Property Types
Single-family homes, condos, townhomes, and 2-4 unit properties
Perfect For These Projects
Fix and flip financing for a range of renovation strategies
Classic Fix & Flip
Purchase below market, renovate, and resell for a profit within 6-12 months.
Buy, Rehab & Hold
Renovate the property, then refinance into a long-term DSCR loan and keep it as a rental.
Auction & Distressed Purchases
Fast funding for auction wins and distressed properties with tight closing deadlines.
Value-Add Multi-Family
Reposition small multi-family buildings with a renovation budget built into the loan.