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When it comes to executing a fix and flip project, having the right lender is essential for success. Fix and flip lenders provide specialized financing that allows investors to purchase distressed properties, fund renovations, and maximize profits quickly. At Corridor Funding, we offer flexible, fast funding solutions tailored to your fix and flip needs. With our expertise and streamlined approval process, you can focus on transforming properties while we handle the financing. Whether youu2019re an experienced investor or a first-timer, weu2019re here to help you achieve your real estate goals.
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210.941.3916 18534 Forty Six Parkway, Spring Branch, TX 78070 Search... About Contact Borrower Login Loan Products FAQ Blog Request A Payoff Get Started We Offer Competitive Rates Loan Products Quick Closings on Properties Fix & Flip Fix and flip loans allow investors to purchase properties that need renovations before they can be sold (flipped) or rented and then refinanced (BRRRR strategy). These loans are offered to borrowers of all experience levels. UP TO 85% LOAN TO COST (LTC) NO PREPAYMENT PENALTIES 12 MONTH TERM Fix & Flip Loans By The Numbers The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval 100% % OF REHAB FINANCED 90% MAX % OF PURCHASE PRICE FINANCED 2% 10.5% RATE BASED ON BORROWER EXPERIENCE, LTC AND LOAN UNDERWRITING AVERAGE ORIGINATION FEE New Construction 1-4 Units Corridor Funding is proud to offer new construction loans for clients looking to build and sell or build and rent investment houses. With no personal income underwriting and quick construction draw turn times, our new construction program is made for the builder that is looking to simplify and grow their business. FAST DRAW DISBURSEMENTS NO PREPAYMENT PENALTIES 12 MONTH TERM
New Construction Loan by the Numbers The structure and pricing of each loan is subject to underwriting and approval 100% OF CONSTRUCTION BUDGET FINANCED 65% OF AFTER CONSTRUCTION VALUE FINANCED 2% 2-3 Days AVERAGE TURN-AROUND TIME FOR DRAWS ORIGINATION FEE 30 Year Fixed Rate Rental Loan Corridor Funding offers 30 year fixed rate rental loans designed specifically for real estate investors looking to build their long term rental portfolio. These loans function very similarly to those you’d get with a bank, but without all of the hassle and limitations. 1-4 UNIT PROPERTIES NO BORROWER INCOME VERIFICATION SIMPLE UNDERWRITING REQUIREMENTS UNLIKE BANK LOANS Fixed Rate Loan by the Numbers The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval 30 30 YEAR LOAN - 30 YEAR AMORTIZATION 80% MAX LTV (LOAN TO VALUE) FOR CASH OUT REFINANCES 80% MAX LTV (LOAN TO VALUE) Rates From 6.50% RATES SUBJECT TO LTV Get Prequali?ed Today. Apply Now
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