Side by side
| Fix and Flip Loan | Hard Money Loan | |
|---|---|---|
| Rehab funding | Up to 100% in draws | Often none |
| Leverage | 80–90% of purchase | 60–75% of value |
| Cost | ~9–12% + 1–3 pts | ~10–14% + 2–4 pts |
| Speed | 7–14 days | Sometimes under 10 days |
Figures are typical market ranges as of October 2026. Actual terms depend on the lender, your credit, the property and the program, and are confirmed on your Loan Estimate or term sheet.
Explore each option
Investment property
Fix and Flip Loans
A fix and flip loan is short-term (usually 12–18 months), interest-only financing that covers most of a distressed property’s purchase price and up to 100% of renovation costs, repaid when you sell or refinance.
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Investment propertyHard Money Loans
A hard money loan is a short-term investment-property loan from a private lender that approves mainly on the property’s value and the deal, not your income or credit history.
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