100% FIX & FLIP FINANCING
Single Family Homes, Condos, Townhomes, 2-4 Units
NSS Lending offers 100% financing on fix and flip loans, a program geared towards savvy investors. 100% financing doesn't mean you don’t need any money, in fact, the opposite is true.
What Do I Need to Qualify for 100% Financing?
GOOD CREDIT
650 Credit 65% ARV
700 Credit 70% ARV
No Bankruptcy or Foreclosure In the Last 24 Months
LIQUIDITY
25%of the Rehab Budget or $15K, Which Ever is Greater, Plus Closing Costs.
GEOGRAPHY
Borrower's Primary Residence is Within 100 Miles Of the Subject Property or Borrower Has Completed Similar Projects In the Same Market.
Should you decide to keep the property once the project is complete, we're here to help you refinance your short-term bridge loan in to a long-term 30-year fixed DSCR loan for up to 75% of the appraised value.