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Fix & Flip Loan

Fix and flip loans are a great loan option to fund your next property renovation. Fix & Flip Loans start at $50,000 and can be used to buy the property and also pay the costs of renovation. Once complete, you can choose to sell the property right away or rent them out.

Fix & Flip Loans are especially attractive to…

  • Borrowers who want to buy and renovate properties quickly. With a few exceptions, you must normally finish the job in 12 months.
  • Investors who with a modest amount of resources to invest. The total cash investment can equal 25 percent or less of the purchase and renovation costs combined.

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Loan Features

Fix & Flip Loans are interest only

While renovating, you only have to come up with a minimal monthly payment.

Stretch the term

The maximum loan period is typically 12 months, but you may be able to apply and get additional term extensions.

You don’t need large amounts of cash reserves

You can potentially borrow 90 percent of the purchase price and 90 percent of the rehab costs.

Buy a properties almost anywhere

We do business in all states except Alaska, North Dakota, South Dakota, Utah, and Vermont.

Multiple types of properties qualify

This includes: single-family homes, townhouses, 2- to 4-units multi-family, or even a multi-family with more than 5 units.

Quick funding

Applying for an exposure limit requires a one-time approval. After that, you can easily submit properties, with little paperwork needed to close on your funds.


Delta Lending provides you with the tools you need to make the right borrowing decisions. These calculators may borrowers in determining different values in the loan process. Try to ensure the information you enter is as accurate as possible.

You have questions, we have answers.

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