Fix & Flip Lenders

Fix and flip loans finance both the purchase and the renovation of a property in a single facility, with rehab funds held back and released through draws as work completes. Lenders size these loans against after-repair value (ARV) — commonly up to 70–75% of ARV — with 12–18 month terms designed to carry the project from acquisition through sale.

For flippers, the loan’s headline rate matters far less than two operational realities: how fast the lender funds draws, and what happens when a project needs more time. A lender that takes three weeks to inspect and release each draw will silently destroy a project’s timeline and profit. Extension fees, draw fees, and inspection costs stack up in ways no rate sheet reveals. And when a flip runs long, lenders differ enormously in whether they work with the borrower or move straight to default penalties.

LendLedger’s fix and flip directory surfaces exactly this operational track record. Each lender profile shows curator-verified status, borrower ratings and review counts, ARV and leverage limits, rate and point ranges, and explicit fee flags for draw fees and extension fees. Reviews from operators who have completed projects with the lender describe draw turnaround times, inspection friction, and how the lender behaved when timelines slipped — the exact information that separates a profitable flip from a break-even one.

Browse featured fix and flip lenders below, filter by state and loan size, and open profiles to compare execution histories. Lenders that fund first-time flippers are labeled, along with any minimum experience requirements. A free account unlocks full reviews and warm introductions.