Fix and Flip Loans — Up to 100% of Purchase & Rehab
Finance the purchase and the renovation in one loan, pull rehab funds through fast draws, and close in as little as 5–7 days. Asset-based lending built for investors who move quickly.
What is a fix and flip loan?
A fix and flip loan is short-term financing that real estate investors use to buy and renovate a property they plan to resell for a profit. Unlike a conventional mortgage, it's designed around the deal: it covers the purchase price and the rehab budget, releases renovation money in stages as the work gets done, and is repaid when you sell the finished property or refinance into long-term financing.
Because these loans are asset-based — underwritten on the property and its after-repair value rather than your personal income — there's no income verification, and experienced investors can close fast and keep their capital working across multiple projects.
How ECM's fix and flip financing works
- Up to 100% of purchase & rehab — finance the full acquisition and renovation on qualifying deals.
- Fast draws — rehab funds are released quickly as work is completed, so your project never stalls waiting on money.
- Close in 5–7 days — move fast on time-sensitive deals and win more offers.
- Sized to ARV — loans are structured against the property's after-repair value.
- Asset-based — no income verification; we underwrite the deal.
- Nationwide — $200,000 minimum loan size, no maximum.
Understanding ARV (After-Repair Value)
ARV is the estimated market value of a property after your renovations are complete. It's the single most important number in a flip, because it reflects what the home will be worth when you sell — which is how the loan gets repaid. ECM sizes fix and flip loans against a realistic ARV, so a well-researched comparable-sales analysis strengthens your file and your terms.
How construction draws work
Rather than handing over the entire rehab budget up front, fix and flip loans release renovation funds through draws — reimbursements tied to completed stages of work (for example, demo, framing, mechanicals, finishes). ECM's fast draw process keeps cash flowing so your crews stay on schedule and your holding costs stay low.
Our simple process
Submit the basics on your property and scenario, get clear and competitive terms within one business day, and close in as little as 5–7 days — nationwide. As active investors ourselves, we underwrite with common sense and close with no surprises. Explore our DSCR rental loans for the exit, or ground-up construction for bigger projects.
Fix and flip loan FAQs
What is a fix and flip loan?
A fix and flip loan is short-term financing that real estate investors use to purchase and renovate a property they intend to resell for a profit. The loan covers the purchase price and rehab budget, funds are released through construction draws as work is completed, and the loan is repaid when the property sells or is refinanced.
How much of the purchase and rehab can ECM finance?
ECM finances up to 100% of the purchase price and rehab costs on qualifying fix and flip deals, based on the property's after-repair value (ARV) and the strength of the scenario.
How fast can a fix and flip loan close?
ECM can close fix and flip loans in as little as 5–7 days. You receive clear terms within one business day of submitting your deal, and rehab funds are released through fast draws as work is completed.
Do I need to verify my income for a fix and flip loan?
No. Fix and flip loans from ECM are asset-based, underwritten on the property and the deal rather than personal income. There is no income verification required.
What is ARV and why does it matter?
ARV stands for After-Repair Value — the estimated market value of the property once renovations are complete. Fix and flip lenders size loans against the ARV because it reflects the property's value at the point of sale, which is how the loan gets repaid.
Is ECM's fix and flip loan available nationwide?
Yes. ECM Real Estate Services lends to real estate investors nationwide, with a minimum loan size of $200,000 and no maximum loan amount.
Got a deal under contract?
Send us the scenario and get competitive fix and flip terms within one business day.