Fix & Rent Loan
Turning Your Rehabs into Rentals All with One Lender
Our Fix & Rent Loan was designed specifically for investors who are looking to purchase a property, renovate it and keep it as a buy and hold investment. You’ll get the benefits of our interest only Fix & Flip Loan to finance your purchase and repairs and then the convenient option of rolling into our 30-Year rental loan. Best of all, when you apply for our Fix & Rent Loan, you’ll be eligible for discounts on your fees.*
Advantages of Fix & Rent Loans:
- Fast and Simple: Apply for a Fix & Flip Loan and once renovations are completed, roll into our 30-Year Fixed-Rate Rental Loan.
- One Lender: With Fix & Rent, you can have the convenience of one lender for both deals, one application to fill out and have saved on file, and one loan office r and closing agent to help you every step of the way.
- Discounts: Because you have already chosen to work with us on a Fix & Flip deal, returning customers will get a discount on fees towards their Rental Loan.
Combining Fix & Flip Loans with Rental Loans for an Easier Investment Deal!
With our Fix & Rent Loan, you’ll benefit from competitive rates and an easy and reliable process that both our Fix & Flip and Rental Loan offer.
Fix & Flip Overview: Rental Loan Overview:
Stated Income – Only Bank Statements Stated Income – Only Bank Statements
Rates as low as 6.99% Rates as low as 3.89%
12-24 months – interest only (with no prepayment penalty) 30-Year Fixed-Rate Rental Loan
Up to 90% of the purchase and 100% of rehab costs 3/1, 5/1 and 7/1 ARM Rental Loans
Up to 75% ARV Up to 80% LTV (minimum loan $75K)
Instant rate quote available No W-2s required
Closings in 14 days Closings in weeks not months
Loans from $75K to $5MM Single Family, 2-4 Unit Properties, Condos & Townhomes
Do You Need Proof of Funds?
It’s Fast, Easy, and Just Takes Minutes
For investors that are considering offers on properties, find out the loan amount and rate you can receive on fix and flip/rent loans with Next-Financing.
Advantages of Being Pre-Approved:
- Know your rates and terms in writing upfront.
- No cost to you.
- Use your proof of funds (POF) when submitting offers.
- Loan Amounts from $75,000-$5,000,000.
- Get approved once and then receive rapid approvals on all future properties.