Fix and Flip Loans

Whether you are an Experienced Flipper or a 1st time Flipper, Silver Leaf Mortgage can help you with your project. Non-owner occupied single family homes, Condos or 2 – 4 units are acceptable, and 5+ units or mixed-use properties are considered. Just provide a detailed rehab budget and 2 months of bank statements to verify the down payment, closing costs and rehab costs. Experienced Flippers* – LTV 75% and 650+ credit score; 1st Time Flippers – LTV 70% and 500+ credit score. Call us to walk through the details and get your purchase underway!

*Experienced Flipper will have 5 closed transactions in the past 2 years. Please provide HUD-1 of purchase & sale of those 5 properties