Fix and Flip Loans in Weatherford, TX
Bridge loans designed to help savvy investors expand their portfolio and grow their business!
If you are ready to take your investment portfolio to the next level you have come to the right spot! Pure Funding is here to deliver a premium-level lending experience. Our bridge loan products are designed to get you into your next property quickly and efficiently. Regardless if this is your first flip or you are an experienced investor we have you covered! Our team is always available and ready to help our clients navigate our streamlined process.
Unlocking Investment Potential: Fix-and-Flip Loans with Pure Funding Mortgage
Investing in real estate can be a lucrative venture, but finding the right financing is crucial for success. Fix-and-flip loans offer a unique opportunity for investors to acquire distressed properties, renovate them, and quickly resell them for a profit. Pure Funding Mortgage specializes in providing flexible and competitive fix-and-flip loans tailored to the specific needs of real estate investors.
What are Fix-and-Flip Loans?
Fix-and-flip loans are short-term financing solutions designed for investors who intend to purchase, renovate, and resell a property within a short timeframe, typically 6-12 months. These loans offer several key advantages over traditional mortgages:
Fast Funding: Recognizing the time-sensitive nature of fix-and-flip projects, Pure Funding Mortgage prioritizes quick loan processing and funding to enable investors to capitalize on market opportunities.
High Loan-to-Cost (LTC) Ratios: These loans often offer higher LTC ratios compared to traditional mortgages, providing investors with the necessary capital to cover both the purchase price and renovation costs.
Flexible Terms: Pure Funding Mortgage offers flexible loan terms that can be customized to align with the specific timeline and budget of each project.
Focus on Project Viability: Lenders like Pure Funding Mortgage evaluate projects based on their potential return on investment (ROI) and the experience of the borrower. This focus on project viability ensures that investors have a higher likelihood of success.
The Benefits of Partnering with Pure Funding Mortgage
Experienced Team: Pure Funding Mortgage boasts a team of experienced professionals with a deep understanding of the fix-and-flip market. They can provide valuable guidance and support throughout the loan application and project execution process.
Competitive Rates and Fees: Pure Funding Mortgage strives to offer competitive interest rates and fees to maximize investor profitability.
Streamlined Application Process: The application process for fix-and-flip loans through Pure Funding Mortgage is designed to be efficient and straightforward, no credit pull, minimizing delays and allowing investors to close deals quickly.
Excellent Customer Service: Pure Funding Mortgage prioritizes customer satisfaction and provides ongoing support to ensure a smooth and successful investment experience.
How to Get Started with Pure Funding Mortgage
Check Eligibility: Review Pure Funding Mortgage's eligibility criteria to ensure you meet the necessary requirements.
Gather Documentation: Prepare the necessary documentation, including financial statements, property details, and renovation plans.
Submit Your Application: Submit your loan application online or through a dedicated loan officer.
Receive a Decision: Pure Funding Mortgage will review your application and provide a quick decision on your loan request.
Close the Deal: Once approved, finalize the loan agreement and proceed with the property purchase and renovation.
Pure Funding Mortgage is committed to empowering real estate investors with the financing they need to succeed. By offering flexible terms, competitive rates, and exceptional customer service, Pure Funding Mortgage has become a trusted partner for countless fix-and-flip investors across the country.
Loan Terms
Loan amounts $75k-$1,000,000* (higher limits depending the deal)
12, 18, 24 month term with no prepayment penalty
Qualifications
0-4 flips in last 2 years
No hard credit pull
70-75% After Repair Value (ARV)
No unresolved bankruptcy or filings within the last 24 months
No outstanding mortgage delinquency of 90 days
Personal Guarantee required
No bank income verification required
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