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Fix &
Flip.

Fix-and-flip are short-term loans used by real estate investors to purchase and improve a property to then sell for a profit or refinance. These improvements range from minor renovations to a complete reconstruction of an existing home. The initial draw will be calculated based on the As-is Value of the Property and the renovation budget will be advanced in construction draws.

Standard Loan Terms

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Max Loan Amount: $10,000,000 - $100,000,000


Max LTC/ARV (Loan to Cost / After Repaired Value):
– Experienced Investors: The Lesser of 90% LTC or 85% ARV.
– Inexperienced Investors: The Lesser of 80% LTC or 75% ARV.


Rates: Starting at 9.99%


Term of loan: 6-18 months


Payments: Interest Only with balloon at maturity.


Prepayment penalty: None

Standard Closing Costs

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Origination Fee: 3-5%

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Underwriting Fee: $1,500

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Legal: $750 – $1,500


Appraisal Fee: $500-$950

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Title Insurance and recording fees: 1%
(Approximate)

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Standard Closing

Time.​​​

10 - 20 days.

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EBSC Lending is a direct lender and does not rely on other institutions to close the loans. Once the title work and appraisal are ready, We will be too!

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