Call Us: 1-800-960-2745

1-860-339-5037

E-mail: info@serranocapitalgroup.com

quotes@serranocapitalgroup.com

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FIX AND FLIP

A hard money loan intended for new and experienced real estate investors seeking funding for fix and flip properties nationwide.

Benefits for Borrowers

QUALIFICATION

620 Minimum FICO Score
6 Months of Cash Reserves
No Derogatory Public Records in
the Past 2 Years

MAX LEVERAGE

Purchase Only: Up to 75% of the Purchase Price
Purchase + Rehab: Up to 85% of the Purchase
Price + Up to 100% of Rehab Costs
Not to Exceed 70% of the After Repair Value (ARV)

LOAN TERMS

Purchase Only Options Available
$50,000 Minimum Property Value
12 Month Term
No Pre-Payment Penalty
Termination Fee: 1% After Month 8

ELIGIBLE PROPERTIES

1-4 Family Real Estate
Condos
Townhomes

REQUIRED DOCUMENTATION

Loan Application
1 Month of Bank Statements
Corporate Documents

PRICING

$50,000 Minimum Loan Amount
$7,500,000 Maximum Loan Amount

FEES

$25 Credit Check
Cost of an Appraisal
Points at Closing
$995 Legal Fee at Closing

Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

Typical Loan Terms

Aditional Information

At Serrano Capital, we strongly emphasize the significance of being a dependable member of our clients’ teams and assisting them in reaching their objectives.

Helpful Links

Quick Links

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