Top Fix and Flip Financing Options for 2025

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Top Fix and Flip Loans for Real Estate Investors

Finding the right financing for a fix and flip project is crucial, as it can significantly impact your profitability and project timeline. When selecting a loan, consider factors such as the repayment terms, speed of funding, and eligibility criteria. Below, we outline some of the top fix and flip loans available, highlighting their features, pros, and cons to help you make an informed decision.

Best Fix and Flip Loans Overview

Loan Provider Loan Amount Interest Rate Repayment Terms Minimum Credit Score
Kiavi $100,000 – $3 million Starting at 7.75% 12, 18, or 24 months 680
Lima One Capital $75,000 – $3 million Starting at 8.45% 3, 19, and 24 months 600
RCN Capital $50,000 – $3 million Starting at 9.64% 12-18 months 660
Flip Funding $150,000 – $3 million Starting at 9.99% 12-24 months 620
New Silver $100,000 – $5 million 9.5%-11.25% Up to 18 months 650
CoreVest $75,000 – $2 million Starting at 7.99% 6-24 months 620

1. Kiavi: Ideal for Quick Funding

Kiavi offers competitive financing, allowing loan amounts of $100,000 to $3 million, with a starting interest rate of 7.75%.
Its repayment terms range from 12 to 24 months, and it has a minimum credit score requirement of 680.

Pros: No application fee or appraisal required, quick funding in as little as 7 days.
Cons: Requires inspections to release funds periodically and has the highest credit score requirement.

2. Lima One Capital: Versatile Financing Options

Offering loan amounts from $75,000 to $3 million, Lima One Capital’s interest rates start at 8.45%, with flexible repayment terms of 13, 19, or 24 months. The minimum credit score is 600.

Pros: Allows deferral of origination fees and provides discounts at Home Depot.
Cons: Limited to certain states for loan offers and may only cover 100% of rehab costs through four-day draws.

3. RCN Capital: Suited for Experienced Investors

RCN Capital provides loans ranging from $50,000 up to $3 million with interest starting at 9.64%
and a repayment period of 12 to 24 months. The minimum credit score is 660.

Pros: Available in every state and has no pre-payment penalty.
Cons: New investors may not qualify for the best rates.

4. Flip Funding: Best for Beginners

Flip Funding supports new and inexperienced investors with loans ranging from $150,000 to $3 million, starting at 9.99% interest and offering terms of 12 to 24 months.

Pros: No experience requirements and options for foreign nationals.
Cons: Not a direct lender and minimum loan amounts can be high.

5. New Silver: AI-Powered Fast Funding

With loans available from $100,000 to $5 million, New Silver utilizes AI for underwriting, allowing for quick closures in as little as five days. Interest rates range from 9.5% to 11.25%.

Pros: Offers reduced rates for repeat customers and covers up to 100% of renovation costs.
Cons: Not available in several states and requires a minimum credit score of 650.

6. CoreVest: Best for High-Volume Investors

CoreVest specializes in loans for investors with amounts from $75,000 to $2 million and offers interest starting at 7.99%.
The repayment periods are between 6 and 24 months.

Pros: Offers loans to foreign nationals and provides customized solutions.
Cons: More stringent experience requirements and 24-month terms are available only through extensions.

Factors to Consider When Selecting a Loan

Choosing the right fix and flip loan can feel overwhelming. Important factors include:

  • Interest Rates and Fees: Compare rates alongside fees to understand total borrowing costs.
  • Loan Terms: Ensure the loan’s repayment schedule aligns with your project timeline.
  • Loan-to-Value and Loan-to-Cost Ratios: Know what out-of-pocket expenses you may incur.
  • Time to Funding: Quick access to funds can be critical when securing properties.
  • Eligibility Requirements: Assess your credit score and other criteria to find a suitable lender.
  • Reputation: Research reviews and lender history for reliability.

Conclusion

Navigating the landscape of fix and flip loans is vital for successful real estate investment. By understanding the features and requirements of these lending options, you can make decisions that not only meet your financial needs but also support your investment strategies.

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