Fix & Flip
A fix and flip loan is a form of short-term financing designed to help real estate investors purchase and renovate a property.
We currently partner with 26 Fix N Flip Lenders for Washington State borrowers, to provide you with an ideal Fix&Flip Loan.
Please submit your project scenario in the form to the right, and we will get back to you, typically within an hour, to discuss your project.
Or give us a call at 425-260-5562
Property Types: SFR, 2-4 units, Multi-Family, Townhomes, Condos, PUDs
Properties must be Non-Owner Occupied
Loan Terms: 6-24 months
Minimum Loan Amount: $150,000
LTC: Up to 85%
LTARV (After-Repair Value): Up to 75%
FICO Score: 650 minimum
Accessory Dwelling Units
What is an Accessory Dwelling Unit (ADU)?
Sometimes referred to as mother-in-law unit, granny shack, or backyard cottage, Accessory Dwelling Units (ADUs) are small, independent residential units located on the same lot as a stand-alone single-family home. ADUs provide the same essential functions as a typical single-family residence, complete with a kitchen, sleeping area, and bathroom, but are smaller or "accessory" to the primary residence.
Many localities in Western Washington are adopting streamlined ADU Permiting. We have hightlighted cities using a streamlined ADU Program.
Renton Permit Ready ADU Program
We have 254 total lending partners available, ready to move your ADU project forward. Send us a Quick Quote, and we can begin to discuss your project in depth.
Feel free to contact us at 425-260-5562, or email dmellis@nexamortgage.com with your project details, or any questions you may have.