Overview
Ideal for a real estate investor who wants to buy an under market value property, fix it up and then resell. We finance the purchase of a new property plus give 100% of the rehab funds! In just 7-10 business days, we can close a loan on the purchase of a new property and then finance all of the rehab expenses. This program allow a real estate investor to come up with minimal capital and save money to use toward the next investment project.
Loan Criteria:
- Interest rate: 8%.
- Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties.
- LTV: 100% of the Purchase Price + 100% of the Renovation Cost.
- Term: 12 to 18 Months.
- In-house loan servicing & draws.
- Quick closing options.
- Quick closing options.
- Minimum FICO: 620.
- Pre-Pay Penalty: N/A
Loan Programs
- Fix & Flip Loan
- Rental Loan
- Multi-family Loan
- Cash Out Refinance
- Business Loan
- Construction Loan
Get Funding
How It Works
Loan Process and Requirements
Step 1
Submit a Loan Request
It all starts here… complete our quick and easy online application, whether you have a deal that you need funded or need a pre-approval letter.
Step 2
Submit Supporting Documents
Provide the supporting required documents through our online portal, or email them to us, for our underwriting process. We will quickly turn around a commitment to you.
Step 3
Document Review
We will review the title commitment, appraisal, and all other documents so that your final loan documents can be produced.
Step 4
Closing
Once the closing has been executed, we will disburse the funds. Our average closing timeframe is 7 days
Join the satisfied customers who choose to work with Southern Mortgage Lenders, LLC.
At Southern Mortgage Lenders, LLC we are proud to fund commercial properties, multi-family residential, investment residential properties, fix and flip projects, land, and construction Nationwide
Appointment
Let's Talk with a Lending Specialist
Ready to fast-track your next real estate deal? Connect with our expert lending team for personalized guidance tailored to your investment goals.
- Every Step Of The Way
From acquisition to renovation and resale, we’re your trusted partner. Get 24/7 support, expert guidance, and strategic insights to navigate every phase of your project. We ensure clarity, speed, and confidence—so you can focus on maximizing returns.
- Flexible Rates & Low Fees
No hidden costs—just straightforward terms that prioritize your financial flexibility. Whether you’re flipping a single property or scaling your portfolio, our affordable solutions help you minimize expenses and reinvest savings into your next venture.
Make an Appointment
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