WFC Lending
Fix & Flip Loans
for Real Estate Investors
Close on your fix & flip project in as few as 15–30 days.
Finance the purchase and renovation of investment properties with leverage on cost and after-repair value, plus rehab draws as work is completed.
How fix & flip financing works
Apply
Share the deal — purchase price, rehab budget, and the property's numbers. We underwrite on the asset, not a personal financial deep-dive.
Close & Fund
Once underwriting clears, we close and fund the acquisition — typically in 15–30 days.
Draws As You Work
Submit for reimbursement as renovation milestones are completed, so your project stays capitalized from purchase to sale.
Program highlights
- 1st lien position only
- Interest-only payments
- Asset-based "common-sense" underwriting
- $100K – $10M loan size
- 12–24 months terms
- Closings in 15–30 days
Eligible property types
Non-owner occupied only. Excludes mixed-use, 5+ unit multifamily, condotels, co-ops, mobile/manufactured, commercial, and Florida condominiums.
Fix & flip loan FAQs
How fast can you close?
Fix & flip loans typically close in 15–30 days once underwriting clears.
What loan amounts do you offer?
Fix & flip loans range from $100K – $10M, sized to the deal's purchase price and rehab budget.
Do you have a minimum credit score?
Yes — fix & flip loans require a minimum 660 FICO, though scores between 620 and 660 may be considered at the lender's discretion.
What fees should I expect?
Combined broker and lender points are capped at 5% of the loan amount, with broker points never exceeding lender points. Third-party costs like appraisal, title, and legal are confirmed in your term sheet.
Typical fees
Fees shown where stated. Rates, fees, terms, and timelines are subject to change without notice.