Close as fast as 5 days with no appraisal and get up to 90% financing.
Purchase, renovate and hold investment properties in long-term financing. Fix to rent loans are designed for real estate investors who need quick closings to win bids in competitive markets.
The first stage is a short-term loan with no prepayment penalty. This streamlined loan process allows investors to get the money needed for rehab costs. Then after renovations are complete, investors refinance into a long term rental loan.
During the second stage, underwriting will focus on the projected rental income an investment property can generate. Finally, underwriting will compare cash flow to PITIA (principle, interest, property taxes, insurance and HOA fees)
To qualify for these loans, investors must meet the following criteria:
1-4 unit residential properties, including single-family homes, townhomes, condos, duplexes, triplexes, and quadplexes.
A legally registered business is required to get funding.
680+
$100,000+
No experience is required to secure financing, however experienced investors are granted more flexibility for projected rental income.
No previous experience is required unless you are changing the number of bedrooms, expanding the square footage, or doing a significant renovation.
No experience is required to refinance into a 30-year fixed rate loan product, provided investors own a primary residence.
1.1x
The first stage is a short-term loan.
| Purchase Financing | Up to 90% LTC |
| Rehab Financing | Up to 100% |
| After-Repair Value | Up to 75% ARV |
| Interest Rates | Starting at 8% |
| Loan Terms | 6 or 12 months |
| Prepayment Penalty | None |
The second stage is a long-term loan.
| Refinance | Up to 80% LTV |
| Cash Out Refinance | Up to 75% LTV |
| Minimum DSCR | 1.1 |
| Interest Rates | Starting at 7% |
| Loan terms | 30-year fixed |
| Prepayment Penalty | 3, 5 or 7 years |
Get quick answers to common questions.
A minimum credit score of 680 is required.
The minimum loan amount is $100,000.
A lease is not required, but grants you higher leverage when refinancing.
There is no minimum seasoning period:
0-3 months: As-is value calculated using the lower of the appraised value or purchase price plus documented rehab costs.
3-6 months: Up to 75% LTV
6+ months: Up to 80% LTV
Yes, first-time investors are welcome.
Yes, you may choose to sell the property rather than rent it out.
There is no prepayment penalty during the rehab stage, but there will be a prepayment penalty after refinancing to a 30-year loan.
Fix-to-rent loans involve a multi-stage loan process, comprising of acquisition, rehab, and final stabilization. The rehab phase carries higher interest rates, which are reduced in the second stage when refinancing.
There is no appraisal on the rehab loan. However, after the renovation is complete, an appraisal is required when refinancing.
Interest rates vary depending on your credit score, loan to value and real estate market risk.
Yes, 30 year fixed and 10/1 ARM interest only options are available.
Ready to move forward with your fix to rent project? Complete the form to request a personalized quote and secure the financing you need.
Whether you’re a seasoned investor or flipping for the first time, having an experienced financial partner can make all the difference.
We provide financing solutions across various real estate markets in “the Hoosier State”, including:
Capital Ton specializes in non-owner occupied investment property loans, empowering real estate investors to grow their portfolios with confidence. We proudly serve clients across 24 states, offering tailored financing solutions for fix and flips and rental properties. Capital Ton delivers flexible loan options with competitive rates and maintains a commitment to transparency and integrity.
