Fix and Flip Loan

Optimus Capital is able to keep our Fix and Flip lending programs affordable. These savings are passed on to you in the form of cheaper interest rates and fees. Our aim is that you would return to us for the financing of your rental property portfolio and new construction projects.

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954-256-8754

The Hard Money Loans Expert

Approaching Our 10 Year Anniversary

Optimus Capital is confident that we can provide you with:

  • Excellent terms
  • Lower rate
  • Quick closings
  • National Discount Program – Up to 25% off on building materials
  • 90% of purchase, 100% renovation financed
    We have numerous programs available for funding your Fix and Flip loan needs. Our owners have a background of flipping projects in our local market and understand investor’s needs.

Optimus Capital enables you to get the most out of your investment.

Fix and Flip Loans from Optimus Capital are a great method to fund your investments. We want you to be able to get the finance you need at an excellent cost, with favorable terms and quick closings.

Full service loans

we offer Hard Money loans nationwide

New Construction

We provide new construction financing for builders. Single lot or entire subdivisions, Optimus Capital can finance your next project up to 80% of the cost.
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Construction Completion

With vast experience working with builders, Optimus Capital has developed a completed and mid-construction loan. Refinance your model homes, pay off maturing debt, or cash out to start your next phase.
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multifamily
Loan

Multifamily loans: Optimus Capital offers both short and long-term funding solutions for the following:
commercial purchases, refinances, and cash-out financing.

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built on trust

What Is A Fix And Flip Loan?

Fix and Flip Loans, also known as bridge loans, rehab loans, or residential transition loans, are used by real estate investors to buy a property, renovate it, and resell it for a profit. There are two parts to a fix and flip loan – the purchase and the rehab. These are usually short-term loans, ranging from twelve to eighteen months in length. When an investor wants to buy a single family property to flip, they will most likely need a Fix and Flip Loan. Fix and flip loans are more simple and flexible than standard house loans. The property itself serves as collateral for Fix and Flip Loans. Collateral for home loans includes the property.

What Is The Rehab?

Fix and Flip Loans are most intriguing throughout the rehab phase. You’ve acquired ownership of the property and want to begin improving it. To acquire goods and pay contractors, you’ll need money. The majority of Fix and Flip Loans require you to make this upfront material and labor commitment. You seek a construction draw from the lender once you’ve completed a phase of work that’s compatible with your renovation project. This means that after the investor has completed the renovations, they can submit a reimbursement request.
The Optimus Capital Inc. Nationwide Programs have extremely competitive rates and low-cost fees. Fill out the pre-app below and let us know a little about yourself. We can set up a call to discuss any loan scenario and that way we can be informed and prepared for our conversation. We at Optimus Capital Inc. are available by phone, email or text. We are looking forward to a mutually beneficial long-term relationship with you and your team. We understand the unique needs of our investor clients. Feel free to fill out the quick app below and tell us a little about yourself and your project that you would like to get funded so that we can match you to the loan product that fits your specific investing needs.

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What Is The Purchase?

The lender would typically size the overall loan amount based in a Loan-to-Value (LTV) formula which is determined partly off of the after-repair value. Other factors can be geographic location, investor experience, and the amount of margin in the deal for the investor client. Fix and Flip rates and fees differ, and terms typically range from 12 to 24 months. You fill out an application, supply supporting documentation, and we place the inspection order. You must also submit a scope of work for the property, including the associated costs broken down by each category. You close on the purchase once your loan is funded, with you financing the down payment and the lender covering the rest of the purchase price.

How Do Fix And Flip Loans Differ From Other Types Of Loans?

A traditional home loan is often used to finance the purchase of a borrower’s principal residence. Fix and flip loans are quicker and more flexible to receive than traditional home loans. Renovation funding is not included in traditional home loans. The key distinction between a traditional home loan and a Fix and Flip Loan is that a renovation loan is designed to close much quicker, it’s easier to obtain because much less paperwork is required in order to receive the loan. Fix and Flip Loans are also designed for much shorter periods of time.

No Prepayment Penalties 

 

When it comes to traditional home loans, if you try to pay them off before the due date, you may be punished. Most fix-and-flip loans, on the other hand, do not have a pre-payment penalty. Consider looking into fix and flip loans for your next single family flip.

Investment Is Secure

 

In a fix-and-flip loan, the house itself serves as collateral. If you are unable to make a profit on the sale, the lender may seize possession of the property. If you take out a typical loan, you’ll have to be concerned about your own credit and property if you default.

Quickly Approved 

Compared to standard loans, the time it takes to secure a fix and flip loan is relatively short. This is due to the fact that they are provided by private investors rather than a credit union or bank.

You’ll have to offer a strategy for repaying the loan once the house has been renovated. The lender is more concerned with the project than with the person to whom the loan is being made.

Within a few days, you should be accepted for a fix and flip financing. A shorter shutdown time of seven to 10 days is also available.

Different Property Types 

Whether or not you can acquire a repair and flip loan has nothing to do with the condition or type of home you wish to refurbish. 

A standard bank loan, on the other hand, will have stringent limitations on the types of renovations it would cover. 

A fix and flip loan could be a fantastic alternative if you’re looking to finance a home in need of repair that has the potential to become a jewel.

TESTIMONIALS

We’ve helped Hundreds of investors nationwide secure Hard Money loans

Don’t just take our word for it, check out the reviews left by some of our happy clients. 

Vladimir

Google Review

★★★★★ 5/5

“I am experienced commercial real estate investor and this is my second transaction with this broker. I had some challenges with my loan and they handled it very professionally. Briana did follow up with me on every step of the process. Will definitely use them again.”

Peter

Google Review

★★★★★ 5/5

“They’ve done three loans for me now, and each time they’ve been great! Very diligent and attentive, and they make the process go so smoothly. I also feel like they’re always taking an extra step to make sure my deals go well for me. These are my go-to people for loans!”

Alex

Google Review

★★★★★ 5/5

“My experience was extremely positive. Their professionalism, expertise, customized solutions, efficiency, transparency, and outstanding customer service set them apart from other construction loan providers. I would highly recommend Optimus Capital Inc. to anyone seeking financing for their construction projects.”

A leader in nationwide Hard Money loans

Are you ready to seize the opportunities that hard money loans can bring to your investment ventures?

Contact us today to discuss your financing needs and discover how our expertise and flexible loan options can help you achieve your goals. Whether you’re a seasoned investor or just starting out, our team at Optimus Capital is here to provide personalized solutions tailored to your unique requirements. Don’t miss out on the chance to unlock your investment potential – reach out to us now and take the first step towards securing the financing you need. Contact us today to explore the possibilities of hard money loans and embark on a successful investment journey.

Apply Online
954-256-8754
  • 11064 Fair Oaks Blvd #200 Fair Oaks, CA 95628
  • 9 To 5 M - F
About Us

Optimus Capital provides niche lending solutions for all types of residential and commercial projects throughout the country.

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Copyright © 2023+ All Rights Reserved I Optimus Capital, Inc.

This is not an offer to lend. Fees apply. Financing is subject to certain restrictions and requirements, including submission of complete loan application, credit evaluation and underwriting approval. Rates, terms, and conditions are subject to change without notice and may vary depending on borrower qualifications, geography, and property type. Optimus Capital Inc. currently lends in AL, CA (loans made or arranged pursuant to California Finance Lenders Law Lic. # 60DBO-161243 with the CA Dept. of Financial Protection and Innovation, and Real Estate Broker Lic. DRE #01979668 with CA Dept. of Real Estate), CO, CT, FL, IL, HI, MD, MA, MI, MO, OH, OK, PA, SC, TN, TX, VA, WA, WV, and WI. Visit NMLS Consumer Access at https://www.nmlsconsumeraccess.org for more information. Optimus Capital, Inc. only makes loans for a business purpose.

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