Fix and Flip Loans

At Northern Star Mortgage Fund, we offer great financing options in every state. We can fund a loan in as little as 24 hours, so our clients can act quickly. We don't require a minimum credit score, verified income, or specific property condition. We'll also consider any lien position. Plus, we can roll payments into the loan amount for added financial flexibility.

Program Highlights

  • Non-Owner Occupied 1-4 Residential, Condominiums, Multi-Family, Mixed-Use & Land

  • Nationwide Lender

  • No Minimum Credit Score

  • No Income Verification

  • No Minimum Required Property Condition

  • All Lien Positions Allowed

  • Closing in LLC or Trust Allowed

  • Payments Can Be Rolled into the Loan Amount

Loan Terms

  • Loan Amount: $100,000 to $1,000,000

  • Loan to Value: 80% Purchase (90% Experienced Borrowers)

    70% After Repaired Value (75% Experienced Borrowers)

  • Minimum Cash Reserves: 12 Months PITI

  • Minimum Credit Score: Not Required

  • Income Verification: Not Required

  • Lien Position: Any

  • Rates: 9.99% to 14.99%

  • Points & Fees: 1-5 Points, Processing / Underwriting: $1795

  • Loan Term: 6 - 12 Months

  • Payment: Interest only, Monthly (unless rolled into Loan Amount)