11 Best Fix and Flip Loans for Investors (Ranked)

Loans for flipping houses come in all shapes and sizes, but the best fix and flip loans all have two key characteristics:

• They’re versatile, meaning they work on a wide range of projects.
• They’re quick, meaning you can fund purchases or renovations in a short time frame.

The flip loans in this article were selected based on these factors (versatility & speed) and on factors like maximum loan amounts, credit requirements, and interest rates.

However, not every “fix and flip loan” is identical, so we’ve listed the major differences underneath each heading for your convenience.

Whether you’re a new or more experienced flipper, you’ll benefit from understanding where you can get a loan for your next project, what loan products are available, and how they rank against their competition.

Let’s get started!

What are the Best Fix and Flip Loans?

1. Kiavi – Best for Speed
2. Flip Funding – Best for Multiple Projects
3. Corevest – Best for Lines of Credit
4. Groundfloor – Best for Low-Interest Rates
5. Visio Lending – Best for Refinancing
6. Residential Capital Partners – Best for No-Money Down
7. Global Capital Partners – Best for Experience & Reputation
8. Stratton Equities
9. DLP Capital
10. Newsilver
11. Lima One

This is a short list of the best fix and flip loans available to borrowers today.

Note: We try to keep this list as up-to-date as possible, but changes in the lending market happen fast – so we ask that you do your own due diligence when researching the exact details of a loan.

1. Kiavi – Best for Speed

Kiavi has been around for nearly a decade, and in that time, they’ve made a name for themselves in the REI community as a go-to source for hard money loans.

In a relatively short time (considering the lifetime of most lending institutions), they’ve funded over $10 billion worth of loans and worked with borrowers on 46,000 projects.

Tech integration is their claim to fame, meaning you can do everything – A to Z – online with them to get a loan, which allows you to secure your funding quickly.

Think two weeks from application to funding hitting your account, not two months like typical loans.

2. Flip Funding – Best for Multiple Projects

Flip Funding was built by, with, and for real estate investors, and they wear that badge proudly.

Because of how deeply entrenched they are in the REI space, they’re one of the few fix flip loan providers offering a truly wide range of loan types.

Fix and flip loans, bridge loans, rental loans, construction loans – you name it, and Flip Funding provides it. They understand that investors are creative creatures, and we need unique loan options for unique projects.

For this list, I’ll provide the terms for their Fix and Flip loan products, but if you’d like to learn more about the various types of loans they offer, check out their website.

3. Corevest – Best for Lines of Credit

Corevest is more akin to a traditional lender than others on this list, but their business structure and process allow them to offer unique loan options that other hard money lenders can’t.

They are one of the few hard money lenders offering a fix and flip line of credit, the small business equivalent of a HELOC (home equity line of credit).

A line of credit starts at a measly $ 1MM, so there is plenty of room for the average investor to fund their house-flipping project from start to finish and still have budget room left over.

Note: This type of fix and flip financing is great for beginners. A credit line gives a new flipper “wiggle room” with their budget to experiment and refine their cost estimating skills for the next flip.

4. Groundfloor – Best for Low-Interest Rates

Groundfloor is one of the industry’s most competitive private lenders, and it is known to beat its competitors’ interest rates by up to 6%* in some cases!

That kind of low rate could save you tens of thousands of dollars over the life of a loan and increase the margins you see after you flip a house.

Credit score and real estate investment experience are important factors when Groundfloor considers your application, so remember these when applying.

5. Visio – Best for Refinancing

Visio has made it its mission to be the best lender in the rental loan space: they focus on helping investors build and scale residential rental portfolios.

Many investors use refinancing loans to leverage existing properties to buy new ones to scale a buy-and-hold business model. Visio knows this, and they’ve crafted loan products with this kind of real estate investor in mind.

Visio offers two refinancing options; one – you may already have heard of – is called a cash-out refinance, and the other is a rate and term refinance.

Both loans allow an investor to turn a short-term, hard money loan into a more traditional long-term, 30-year fixed-rate loan.

It’s a slick solution for investors who plan to hold their properties for a long time but have to get creative financing to close on the property in the first place.

6. Residential Capital Partners – Best for No-Money Down

Residential Capital Partners (ResCap) is a private hard money lender that prides itself on being the “wingman” lender that works with borrowers through the entire investment process.

They offer true 100% financing up to 70% of ARV, which allows flippers to pay for a property with very little out-of-pocket. This also allows a borrower a bit of a safety cushion because they can keep their down payment for unexpected costs.

7. Global Capital Partners – Best for Experience & Reputation

Global Capital Partners Fund – we’ll call them GCP – is one of the most established lenders to make this list.

They’ve been in the game almost 3x as long as their competitors and offer significantly more loan products – real estate, commercial, acquisition, development — you name it, and they probably offer it.

In truth, they should probably rank #1 on this list, but I’ve put them lower because their loan products are only suited for more experienced borrowers.

Honorable Mentions:

8. Stratton Equities

Stratton is a serious contender for one of the top spots on this list; they’ve got the reputation, the history, and the loan products necessary to compete.

The only thing holding them back from the Top 7 is their underwriting process normally takes 30+ days, which can be an issue in a fast-moving market.

9. DLP Capital

DLP is my “forbidden fruit” loan provider – let me explain why. They have really good terms for their loan products, they have a sterling reputation, and their customer service is 10/10.

But…they only operate in a handful of states, so I had to rank them lower.

If they were to expand into more states, I’d move them up the list, no questions asked.

10. NewSilver

NewSilver has some great loan products, competitive terms, and a great reputation amongst the REI community.

If you don’t mind working through a few extra requirements to get approved, they’re a great option for fix and flip loans.

11. Lima One

Lima One is one of the most experienced lenders out there; they’ve got loan products with competitive terms and can fund a loan quickly.

The only drawback is their limitations on what kind of properties they’ll loan on – anything larger than a four-plex is a no-go for their FixnFlip product.

Wrap Up

That’s my curated list of absolute, best-of-the-best fix and flip loans.

Of course, no house flipping project, lender, loan product, or even borrower is alike, but a business owner needs options. Options – especially in real estate – give a business owner the freedom to pivot and build a strong network.

Reach out to one or all of these companies to help finance your next deal.

Once your funding is in place, you’ve eliminated one of the major barriers that stop aspiring investors from learning how to flip houses.

I wish you good luck with the next step on your investing path, and if you think I left out a great lender or loan product – let me know!

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