There are certain things that our best clients have in common. Learn from their success and start negotiating from a position of strength. 💪
Recently, our rates have become even MORE competitive, starting:
📌From the mid–9s for Fix-and-Flip Loans
📌From the low–6s for Rental Loans
📌From the mid–10s for New Construction
Getting our best terms is entirely possible. It just requires some preparation and a solid understanding of what deals actually make sense. Here's your playbook.
Show Us You Know What You're Doing
Track Record Wins Every Time
Nothing beats a proven history of successful deals. We like to see clients who have completed similar projects in the recent past. And, it goes without saying, to get credit for those projects, it has to be YOUR name on the LLC. Our free, downloadable property experience sheet will help you keep all of this sorted. New to the game? No problem—just know that your first few deals might not unlock our absolute best pricing. Build that track record, and the rates will follow.
Credit Score Still Matters
It’s true that we’re more flexible than your traditional neighborhood bank, with no income requirements or tax statements needed to qualify. However, we do need to know that your financial footing is steady. A solid credit score—640+ for fix-and-flip and rental loans and 680+ for new construction—tells us you know how to manage money. Got some dings? Just be upfront about what happened and how you've fixed it.
Money Talks
Having cash reserves tells us you can handle whatever curveballs the market throws your way. Generally speaking, we like to see clients with at least six months of reserves so that we know you have money to start the project and cover your first few payments.
Bring Us Deals We Can't Resist
Location, Location, Location
A well-maintained property in a strong market with solid fundamentals? Music to our ears. Those deals basically underwrite themselves. A sketchy property in a declining neighborhood with questionable comps? That's going to cost you more, if we do it at all. Find distressed properties with potential by checking out the available properties listed on our website or at foreclosure.com.
Keep Your Projections Real
We have been in this business for a long time, and we can recognize an inflated ARV or unrealistic rent roll when we see it. Don't be that person. Show us you've done actual research with real comps, legitimate contractor bids, and conservative assumptions. We want to know that the numbers make sense for our sake AND for yours. Use our new Fix-and-Flip loan calculator to run through scenarios and assess overall profitability.
The Bottom Line
Here's the truth: our absolute best terms go to experienced investors who bring us quality deals and have their financial ducks in a row. It's that simple.
Ready to talk about your next deal? Reach out to your loan officer directly or call 888.444.3160 to be put in touch. Let's see if we can get you our best numbers.