Our Bridge Pro Program: Financing House Flips

Our Bridge Pro program is a premiere bridge loan program designed for ultra qualified real estate investors and expert fix and flippers. The Bridge Pro membership incorporates premium service, better rates, and fast close times.

What does bridge pro offer?

• $5,000,000 credit facility with a one time qualification
• A streamlined process that can close a loan in as little as five business days
• A dedicated Kiavi Account Manager on call
• Delivery of final terms within one business day of submission

Membership benefits

The Bridge Pro membership is a twelve month membership with no upfront costs.

Qualification

• 10 completed flips in the last 24 months
• No derogatory public records within the last 24 months
• No felony convictions within the last 7 years
• At least $25,000 in liquid assets
• Minimum FICO of 660

Loan terms

• Purchase and refinance
• $50,000 minimum loan amount
• $1,000,000 maximum loan amount
• 12 month term with no prepayment penalty

Max leverage

• 90% of purchase price
• 75% of After Repair Value with holdback
• 70% of After Repair Value without holdback
• 100% of rehab costs (via holdback)

Interest rates

• 8.00% up to 75% Loan-to-Cost
• 8.25% between 75-80% Loan-to-Cost
• 8.75% between 80-85% Loan-to-Cost
• 9.50% between 85-90% Loan-to-Cost
• + 1.00% for certain judicial foreclosure states
• + 0.50% for 2-4 units and condos

Fees and pricing

• No application fee
• $499 application fee at closing
• Vanishing points with closed volume