Chicago fix-and-flip loans for real estate investors. Finance up to 90% of purchase price + 100% of rehab costs. Close in 2 weeks. Rates from 9.5%. No prepayment penalty.
Apply for Funding →✓ Fund purchase + rehab • ✓ Close in 2 weeks • ✓ No prepayment penalty
See how our loans work on actual investment properties
Closed in 12 days. Funded 100% of rehab costs via draws.
Closed in 14 days. Property sold 4 months after purchase.
Closed in 10 days. Converted 2-flat to 3 condos.
Closed in 13 days. High-end finishes drove premium sale price.
Application → Approval → Closing
Application → Underwriting → Appraisal → Approval → Closing
Application → Underwriting → Plans Review → Approval → Closing
Don't lose deals waiting on slow lenders. Close in 2 weeks and move fast on competitive properties.
We lend up to 90% of the purchase price (not ARV). So if you're buying a property for $200,000, we can lend up to $180,000 for the purchase. On top of that, we fund 100% of your rehab costs via inspection-based draws as work is completed. This means you only need to bring 10% of the purchase price plus closing costs.
We finance single-family homes, multi-family properties (2-4 units), condos, and townhomes in Chicago and surrounding suburbs. We work with distressed properties that need significant rehab—those are our specialty. Properties must be in Cook, DuPage, Lake, Will, or Kane counties.
You submit a detailed scope of work and budget when applying. As you complete each phase of the rehab, you request a draw. We send an inspector to verify the work is complete, then release funds (usually within 2-3 business days). Most projects have 3-5 draws throughout the renovation.
Rates typically range from 9.5% to 12% depending on your experience level, credit score, and the property's location/condition. Experienced investors with strong credit (700+) get our best rates. First-time flippers or lower credit scores are at the higher end of the range.
Yes! While we prefer borrowers with real estate experience, we do work with first-time flippers who have a solid plan and realistic budget. You may need to bring more money down (15-20% instead of 10%) and have a larger cash reserve. Having a licensed contractor lined up helps your application.
Our typical loan term is 12 months. If you need more time to sell, we can usually extend the loan for an additional 3-6 months for a small extension fee. If you decide to keep the property as a rental instead, we can help you refinance into a long-term rental loan.
Apply online and get approved in 24-48 hours. Close your Chicago fix-and-flip loan in 2 weeks and start your rehab.
Apply for Funding →