Renovation loans
Light to heavy renovations, financed to the finish.
Up to 90% of purchase price, even on heavy rehabs, plus 100% of rehab costs. $1MM–$20MM.
We listen to the whole plan: the scope, the exit and what comes next.
Up to 90%
of purchase price
100%
of rehab costs
Up to 75%
of after-repair value
Heavy rehab, full leverage.
Most lenders lower their leverage when the scope gets heavy. We finance up to 90% of purchase price on heavy renovations too.
Terms
The details, in plain English.
- Purchase
- Up to 90% of purchase price, light or heavy scope
- Rehab costs
- 100%
- Total loan
- Up to 75% of after-repair value
- Loan size
- $1MM–$20MM
- Interest reserve
- Included
- Scope
- Light to heavy
- Property types
- 1–4 unit and 5+ unit properties
- Draws
- Funded in 2–3 business days after a complete package; interest only on what's drawn
- Guarantee
- Limited guarantee, with bad-boy carve-outs available
Terms depend on the project and the borrower. Every loan is subject to underwriting.
Built for
Projects you can finish and sell, or hold.
Finishing a nearly built home
Taking over a home that's nearly finished? We can finance the rest like a renovation. Earlier in the build? We'll still take a look.
Flips
Renovate and sell.
Value‑add rentals
Renovate and hold as a rental.
Heavy rehabs
Major scope, up to 90% of purchase price, same as a light rehab.
How a loan works
- 1Send the projectThe address, what you want to build and your budget.
- 2Talk it throughWe go over your plan and the options with you.
- 3Get a term sheetClear terms built around your plan.
- 4Close and buildClose on a timeline that fits your strategy. Draws funded in 2–3 business days.
Send us the project. We'll show you how we can support your vision.
Share the address and what you're planning.
Request a Term Sheet