Fix N' Flip Loans

After Repair Value (ARV) is the estimated market value of a property after all planned renovations are completed. Fix N' Flip lenders use ARV as the basis for the loan amount rather than the current as-is value. This allows investors to borrow more than the property is currently worth, funding both the purchase and the renovation in a single loan.

Skyline Mortgage can typically finance up to 90% of the purchase price and up to 100% of the renovation costs, subject to the total loan not exceeding 70–75% of the ARV. For example, if a property's ARV is $400,000, the maximum loan would be approximately $280,000–$300,000. The exact terms depend on the deal, your experience level, and the property type.

No. Fix N' Flip loans are asset-based — qualification is based on the deal's numbers (purchase price, renovation budget, ARV, and your exit strategy) rather than your personal income. This makes them ideal for self-employed investors or those with complex tax situations.

Skyline Mortgage can close Fix N' Flip loans in as little as 7–14 days with a complete file. Speed is critical in the investor market, and our team is structured to move quickly. Having a clear scope of work, contractor bids, and a solid ARV analysis ready will help accelerate the process.

Fix N' Flip loans are short-term (6–24 months). When you sell, the loan is paid off from the sale proceeds. If you decide to hold the property as a rental instead, Skyline Mortgage can help you transition to a long-term DSCR loan — a strategy known as BRRRR (Buy, Rehab, Rent, Refinance, Repeat).

Eligible property types include single-family residences, 2–4 unit properties, townhomes, and mixed-use properties (with residential component). Vacant land and commercial-only properties are not eligible. The property must be non-owner-occupied — Fix N' Flip loans are for investment properties only.