Apply for a Fix and Flip Loan

Size the loan, add your contact details and send your scenario for review.

Flip Calculator

Intermediate Investor85% of the purchase + 100% of the rehab · 12 months (18 case by case) · rates from 8.49%

See how much a fix & flip loan covers and every amount — purchase advance, rehab funds, cash to close, liquidity and the total funds to show.

1 Your experience

Flips completed in the last 36 months0 = First-Time Investor (80%) · 1–2 = Intermediate Investor (85%) · 3+ = Experienced Investor (90%)

2 The property

Purchase price

the purchase advance is 85% of this amount

3 Rehab & value

Rehab budget

up to 100% financed, released in draws

After-repair value (ARV)

the loan is capped at 75% of this value

4 Loan terms

Interest rate (%)interest-only

Term (months)12 standard · 18 case by case

Interest reserve (months)months of interest-only payments you show as liquidity

Origination points (%)

Lender & closing fees

Borrower Responsibility: Borrower is responsible for paying all closing costs. Closing costs include but are not limited to; title and lien search fees, document stamp fees and other fees customary for transactions of this nature.

TERMS: All terms subject to confirmation including but not limited to: Appraised values, confirmed borrower experience, clear credit report, clear background report, feasibility study, environmental and title clear of defects.

First-Time Investoryouno flips yet · 80% of the purchase price + 100% of the rehab · max 75% ARV · $50,000–$3,000,000 · 12 months (18 case by case) · SFR, 2–4 units, townhomes, warrantable condos · entity borrower · foreign nationals welcome · full recourse

Intermediate Investoryou1–2 flips completed · 85% of the purchase price + 100% of the rehab · max 75% ARV · $50,000–$3,000,000 · 12 months (18 case by case) · SFR, 2–4 units, townhomes, warrantable condos · entity borrower · foreign nationals welcome · full recourse

Experienced Investoryou3+ flips completed · 90% of the purchase price + 100% of the rehab · max 75% ARV · $50,000–$3,000,000 · 12 months (18 case by case) · SFR, 2–4 units, townhomes, warrantable condos · entity borrower · foreign nationals welcome · full recourse

Total loan amount$272,50085.7% of cost · 60.6% of ARV

Cash to close$45,450+ liquidity $15,021

Total funds to show$60,471monthly interest $1,928 at 8.49%

Loan sizing, line by line
Program tier1 flip completed · 85% of the purchase price + 100% of the rehab · max 75% of ARV · 12 months (18 case by case) · full recourse · entity borrower	Intermediate Investor
Purchase advance (85%)85% of the $250,000 purchase price	$212,500
Rehab financed (100%)rehab budget $60,000	$60,000
Origination points + fees2% points ($5,450) + $2,500 lender / closing fees — paid at closing	$7,950
Total project costpurchase price + rehab budget + points & fees	$317,950
Loan cap — 75% of ARVafter-repair value $450,000	$337,500
Total loan amountlimited by the program leverage (85% purchase advance + 100% of the rehab)	$272,500
Initial advance at closingthe purchase advance	$212,500
Rehab holdback (draws)released as the work is completed and inspected	$60,000
Loan-to-cost / loan-to-ARVpurchase advance 85% of the purchase price · ARV limit 75%	85.7% / 60.6%
Monthly interest at full draw8.49% interest-only on $272,500	$1,928
Equity requiredtotal project cost minus the loan	$45,450

Cash to close
Down paymentpurchase price $250,000 minus the $212,500 purchase advance	$37,500
Origination points (2%)2% of the $272,500 loan	$5,450
Lender & closing feespaid at closing	$2,500
Cash to closedown payment + points + fees	$45,450

Liquidity
Interest-only payments (6 months)$1,503 per month — 8.49% interest-only on the $212,500 purchase advance × 6 months	$9,021
10% of Budget10% of the $60,000 rehab financed	$6,000
Liquidityinterest-only payments + 10% of budget	$15,021

Total funds to showcash to close + liquidity

$60,471

Estimate only, based on the program guidelines and the numbers you enter. Final terms depend on the appraisal, the scope of work and budget review, credit, experience and underwriting. Rates shown are the lowest offered; your rate may vary. Not a commitment to lend.

Takes a few minutes · the numbers from the calculator come with your application

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Fix & Flip Loan Application

Tell us about you and the property — the numbers from the calculator above come with your application.

1 About you

I am...*

2 Borrower

Borrowing Entity (LLC or Corporation)*

First Name*

Last Name*

Phone*

Email*

How is Your Credit* (score)

I have recent bankruptcies, foreclosures, or mortgage late payments (past 2 years)

Borrower's Est. Liquidity*

Est. Borrower Net Worth*

I am a foreign national (welcome — not from an ineligible country)

3 Property

TBD (To Be Determined)

I have a property address

Property Address*

The property is under contract

I have a scope of work / rehab budget

I have a contractor lined up

Interest Reserve Needed

What Type of Property*

What is Your Exit Strategy*

Current Sq.Ft.

4 Project

Project Description*

5 Supporting Documents (Optional)

Drag & drop documents here, or click to browse

Purchase contract, scope of work / rehab bid, comps or appraisal, photos, entity documents, proof of funds — anything that helps us price the deal.

Up to 10 files, 25 MB each — PDF, Word, Excel, CSV, text and pictures.

Security check *

Type the characters shown in the picture so we know you are a person.

Fill in the missing fields listed on the right to send your application.

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The figures from the calculator above are attached to your application automatically.

What happens after you apply

We review the purchase price, the rehab budget and the after-repair value you send.
The property is valued in-house — no outside appraisal to order.
There is no employment verification: no tax returns and no W-2s.
Once the file is approved, closings typically take 8–15 days.

What to have ready

The property address and the purchase price
Your rehab budget — what the renovation will cost
The after-repair value — what the property will be worth once the work is done
How many flips you have completed: new investors start with 20% down plus closing costs, and after three completed flips financing can reach 0% down

Every loan is capped at 75% of the after-repair value, starts at $100,000 and is subject to final underwriting. Title fees are additional, and we recommend setting aside about 1% of the purchase price for taxes and 1% for insurance while you hold the property.

Not ready yet? Read about fix and flip loans in Florida, fix and flip loans for beginners and fix and flip loan rates and costs, or call (727) 642-1166.

Frequently Asked Questions

How long does the application take?

A few minutes: size the loan in the calculator, add your contact details and press Submit For Review.

Do I need to upload tax returns or W-2s?

No. There is no employment verification — no tax returns and no W-2s.

Will you pull my credit?

Your credit score does not decide the loan; the property and the numbers of the deal do.

Is an appraisal required?

No. The property is valued in-house.

How fast can I close after I apply?

Typically in 8–15 days once the file is approved.

Can I apply for my first flip?

Yes. No experience is required.

Commercial Loans Florida, Inc. · 1155 South Pasadena S, Suite H, South Pasadena, FL 33707 · Call (727) 642-1166 · Monday–Friday, 9:00 AM–5:00 PM EST · NMLS 1283562. All loans are subject to final underwriting; title fees are additional.