Fix and Flip

A fix and flip loan are designed to help cover the purchase and renovation of a property so that it can either be sold or rented out. this is a great way to keep the house from going to any type of default or foreclosure. The idea is that you’ll be able to sell the property before the full loan balance is due and use the proceeds to pay it off. There is an advantage to using this kind of loan to rehab a property, however, since it’s possible to get the funding within a few days or weeks rather than having to wait two months or more.

Finance with Pioneers Home Loans

Our team will be able to help you with the loan by evaluating the plans and your financial history. If you have a history of flipping houses already, that’s going to work in your favor. If not, you’ll usually need a decent credit score and a source of steady income.

To see if you qualify for a fix and flip home loan please click here.