Fix & Flip

As a leading fix and flip lender, Merchants offers reliable capital to acquire, renovate, sell, or refinance, real estate investment properties across the United States.

With competitive rates, adaptable terms, and a swift approval process, we empower you to capitalize on market opportunities and maximize your investment potential.

Apply Now

Leverage

Merchants can lend up to 90% of purchase price + 90% of repairs, provided the ‘As-Is’ value is at least equal to the purchase price and the loan amount does not exceed 75% of the after-repair value.

Loan Amount

Up to $3,000,000

Rates

Competitive rates starting at 9%*.

Origination Fee

Starting at 1%.*

We also offer a ‘no origination fee’ option but at a higher rate.*

Loan Term

9-12 Months with a built-in extension period.

Extension fee may apply.

Prepayment Penalty

There are no prepayment penalties.

Credit Qualification

A credit score of 620 or higher is required, some exceptions considered.

For more information on Fix & Flip loans, check out our FAQ.

Benefits of Working With Merchants

Working with Merchants means partnering with a lender that prioritizes speed, flexibility, and reliability. Our streamlined loan process, industry expertise, and personalized service help real estate investors secure funding quickly and efficiently. Whether you’re financing a fix-and-flip, new construction, or a bridge loan, Merchants delivers the capital you need—when you need it—so you can focus on maximizing your investment potential.

Staff Experience

Our experienced team of professional loan officers and processors are here to guide you every step of the way, ensuring that your financing journey is smooth and successful. From the initial consultation to the final loan approval, our experts are committed to providing personalized support and expert advice tailored to your unique needs and goals.

Property Types

We finance a variety of 1-to-4 unit property types and conditions, including but not limited to:

Bank-owned properties
Wholesaled properties
HUD foreclosures
Short sales
Auctioned properties

For ineligible property types, click here.

Fast Approvals and Closings

Receive rapid pre-approvals, usually within 24 to 48 hours, and closings within 5 business days. This speed has helped many of our clients secure and close contracts faster than expected, allowing them to compete effectively with all-cash buyers.

Improvement Funds

Unlike many lenders and conventional banks, we can cover BOTH the purchase price of the property and a portion of the repair costs.

Borrower Flexibility

Properties can be titled under such entities as limited liability companies (LLCs), corporations, or partnerships. Investors are not restricted by the number of investment properties they already own. Self-directed IRA loans are also available with an additional down payment.

Competitive Pricing

Whether you are an experienced or novice investor, you will find that our rates and fees are among the most competitive in the industry.

100% Financing

If you have sufficient equity in another residential property you own, you may be able to cross-collateralize to cover the down payment. We also offer 100% financing through a Down Payment Reserve Account where the down payment is held by Merchants as separate collateral, allowing the loan to cover 100% of the costs.

Ready to get started?

Apply Now