100% Financing for Experienced Fix & Flip Investors
100% of the purchase price and 100% of the rehab, up to 75% of ARV, for our most experienced investors. You bring closing costs and reserves, not a down payment. Not sure you qualify? Check the requirements below, or send us the deal. Most deals that miss this program still fit our standard Fix & Flip.
Program Terms
Maximum leverage for proven flippers. Rates are ranges as of October 7, 2026 and move with the market. Your rate and terms are set on the term sheet.
You Must Meet Every Requirement
There are no exceptions on this program. If your borrower misses even one, send the deal anyway: it likely fits our standard Fix & Flip at lower leverage.
Closing Costs and Reserves Still Apply
100% financing means no down payment, not no cash. Plan on closing costs, about 6 months of payments and 10% of the rehab budget, verified with recent bank or brokerage statements. Reserves and all other rules follow our standard Fix & Flip guidelines.
This Program Is Not a Fit If…
These deals and borrowers are not eligible for 100% financing. Most can still be funded through our standard Fix & Flip program.
Properties, Markets and States That Do Not Fit
The ARV Decides Whether You Get the Full 100%
Divide the total loan by 0.75 to find the ARV the deal needs. If the ARV comes in short, the loan is capped at 75% of ARV and your client brings the difference.
| Example, not a quote | Deal A: full 100% | Deal B: ARV comes in short |
|---|---|---|
| Purchase price + rehab budget | $300,000 + $60,000 = $360,000 | $300,000 + $60,000 = $360,000 |
| ARV | $480,000 | $440,000 |
| 75% of ARV | $360,000 | $330,000 |
| Loan | $360,000 | $330,000 |
| Client brings toward the purchase | $0 | $30,000 |
From Scenario to Closing
Same-day term sheets and a dedicated loan advisor from application to closing.
Send the Scenario
Tell us about the deal, the borrower's experience and the exit.
Get Terms
Term sheets usually come back the same day.
Verify and Underwrite
Experience is verified against public records. Appraisal and title are ordered.
Close and Fund
Typical close is 7 to 10 days, with interest-only payments while you work.
Documentation Checklist
Have these ready to keep your timeline on track. Templates are on our Docs & Templates page.
100% Fix & Flip vs. Standard Fix & Flip
Both programs fund purchase and rehab. The right one depends on your experience, credit and deal size.
| Feature | 100% Fix & Flip | Standard Fix & Flip |
|---|---|---|
| Purchase Price Financed | 100% | Up to 85% to 95%, based on experience |
| Rehab Costs Financed | 100% | 100% |
| Max ARV | 75% | 70% to 75%, based on experience |
| Experience Required | 10+ projects in 3 years, 5+ in the deal's state | Any, including a first flip |
| Minimum Credit | 720 | 650 |
| Loan Amount | $75K – $800K ($1M in CA) | $75K – $6M |
| Rate Range (12 months) | 9.375% – 9.875% | 9.50% – 11.50% |
| Term | 12 months (18 months adds about 0.50%) | 6 to 24 months |
| Loan Purpose | Purchases only | Purchase or refinance |
| Best For | Proven flippers maximizing leverage | Everyone else, including first-time flippers and larger deals |
| See full Standard Fix & Flip / Rehab program details → | ||
100% Fix & Flip Loan FAQ
What does "100% financing" actually cover?
It covers 100% of the purchase price and 100% of the rehab, up to 75% of the after-repair value (ARV) and 100% of total cost. You bring closing costs and reserves, not a down payment.
Who qualifies for 100% financing?
Every requirement must be met: 10 or more completed projects in the last 3 years (flips or builds that were sold, or rehabbed and rented), at least 5 of them in the same state as the new deal, and a 720 or higher credit score. The experience must belong to a guarantor on the loan and is verified against public records. There are no exceptions on this program.
I'm a first-time flipper. Can I use this program?
No. This program is only for our most experienced investors. First-time flippers can still get a first flip funded through our standard Fix & Flip, at lower leverage and a higher rate.
Do I really not need any cash to close?
You don't need a down payment. You do need cash for closing costs and reserves, about 6 months of payments and 10% of the rehab budget. And if the ARV comes in short, the loan is capped at 75% of ARV and you cover the difference.
What are the rates, loan sizes and term?
Rates run 9.375% to 9.875% on a 12-month, interest-only loan, as of October 7, 2026. Rates move with the market and are set on your term sheet. Loans range from $75,000 to $800,000 ($1,000,000 in California). An 18-month term adds about 0.50%.
Can I use this for a refinance?
No. 100% financing is for purchases only. Refinances follow our standard Fix & Flip program.
Which properties, markets and states are excluded?
Heavy rehabs, multifamily (5 or more units), mixed-use and rural properties are not eligible. Excluded markets are Baltimore, MD and neighboring counties; Philadelphia, PA; Birmingham, AL; and pre-platted communities in Cape Coral, North Port and Lakeland, FL. Excluded states are Alaska, Nevada, North Dakota, South Dakota, Utah and Vermont.
Can I get advance rehab draws on this program?
No. 100% Fix & Flip loans are not eligible for the Advance Draw Program. Rehab funds are paid as work is completed and inspected.
What if my deal doesn't qualify?
Send it anyway. Most deals that miss this program still fit our standard Fix & Flip at lower leverage, and we'll tell you quickly which program fits.
Get Your 100% Fix & Flip Term Sheet
Tell us about your deal and a loan advisor will follow up, usually the same day. We'll let you know quickly if it fits 100% financing or standard Fix & Flip.
Request Your Loan Terms
No obligation. A loan advisor replies, usually the same day.
Start My Application →This is not an offer to lend. All loans are subject to due diligence, underwriting and approval. Not all borrowers will qualify, and not all who qualify will receive the lowest rate or highest leverage. Rates and terms change without notice and are not available in every state.