Fix and Flip Loans
Close as fast as 3 days with no appraisal and get up to 85% financing.
Fix and Flip Loan Terms
Flexible loan terms for fix and flip loans with no credit check in Texas.
Loan amount | Min $100,000 |
Down payment | Minimum 15% |
Purchase financing | Up to 85% LTC |
Rehab financing | Up to 100% |
After-repair value | Up to 70% ARV |
Interest rate | 11.99% |
Terms | 12 months |
Origination points | 4.0% |
Credit score | No credit check |
See How Much You Qualify For
What’s the minimum down payment?
The minimum down payment is 15%.
Is flipping experience required?
No previous experience is required unless you are changing the number of bedrooms, expanding the square footage, or doing a significant renovation.
Can first-time investors qualify for no credit check fix and flip loans?
Yes, first-time real estate investors can qualify for fix and flip financing in Texas with no credit check.
Is there a prepayment penalty?
No, there is no prepayment penalties on fix and flip loans with no credit check in Texas.
Can you get a fix and flip loan with bad credit in Texas?
Yes, fix and flippers can get approved for fix and flip loans with bad credit.
What’s the minimum credit score for Texas fix and flip loans?
There is no minimum credit score.
What are the interest rates?
The current interest rates for fix and flip loans with no credit check are 11.99%. These interest rates are higher, since these are true asset based hard money loans.
What are the minimum documents required?
To be approved for a no credit check fix and flip loan, you will need to provide:
- Driver’s license or state ID
- Articles of organization
- LLC operating agreement
- EIN letter
- Certificate of Good Standing
Request a Loan Quote for a Fix and Flip Loan with No Credit Check in Texas
- No application fee
- No credit check
- No appraisal
- Secure up to 85% financing
- Close as fast as 3 days
When you have a property under contract, you need a financing partner with experience, one who can offer a fast closing and high leverage.
You want to keep as much of your liquid cash as possible and close quickly. When it comes to fix and flip financing, we understand what’s important to you.