Fix And Flip

Have you seen an opportunity in the real estate development market?
Do you have a project that needs to get done?

CCI’s Fix and Flip program provides competitive rates as well as access to an experienced, creative and personable lender to answer all of your questions.

KEY COMPETITIVE ADVANTAGES

CCI is a funding partner who understands your needs and executes with speed

Rates from 10%

100% of construction costs

75% of completed value

Ground up construction

2 weeks to close

LOAN CRITERIA

Loan to Cost

85% purchase & rehab, 100% of construction costs

Loan To Value

Up to 75%

Term

36 Months

Prepayment Penalty

None

Loan Amounts

$300k - $7,000,000

Lender Points

From two

Interest Rates

From 10%

Area

National

LOAN PROCESS

Step 1

Send a brief summary of the loan scenario to CCI via online application, WhatsApp, email, or phone

Step 2

CCI will give you immediate feedback, and issue a term sheet if the loan matches our lending criteria

Step 3

CCI will do a relevant appraisal, revise the construction budget, and issue a loan commitment

Step 4

CCI will make a determination within 10 working days

CASE STUDY

Our Fix and Flip loans expand your real estate projects with fast, dependable funding

Paul Qassis Fix and Flip Story

With the uncertainty in the NY metropolitan area and many people flocking to the suburban areas, CCI’s borrower understood the opportunity of building 8 residential condos in Carlstadt, NJ.

Having enough funds to purchase the land was one thing, but who would fund the $2,000,000 construction costs? When the borrower approached CCI, we recognized the business opportunity and funded 100% of the construction costs. The money was given in draws, and at the beginning of each phase CCI forwarded the funds needed.