Fix and Flip Loans for Real Estate Investors

Serving Ohio, Indiana & Kentucky

Since 2005, MM Lending has been the region’s trusted private money lender, funding over $1B in loans.

As your go-to source for funding, we offer competitive rates, fast closings, and local market expertise.

Fix & Flip Loans

Loan Program Terms & Features

Loan to Value: Up to 75% of After Repair Value
Finance: 90% of Purchase and 100% of Budgeted Rehab Cost
No Prepayment Penalty
Deferred Interest: up to 6 months of interest payments can be deferred to loan payoff
Same-Day Draw Funding: fastest in the industry
Term: 12 months with extension options
Time to Close 10 days or less
Rates: 11-12%

Points: 1-2, deferred to loan payoff
Processing Fee: $1,200
Appraisal Fee: $500 average
Property Types: 1-4 unit residential properties
Loan Types: Non-owner occupied residential properties
Geography: key metropolitan areas of Ohio, Indiana, and Kentucky
Business Loan: we only lend to LLCs, partnerships, corporations, or trusts
No Junk Fees

Qualification Requirements

There are three ways to get pre-qualified for a loan from MM Lending

Experience

A minimum of 2 completed flips in the prior 36 months where the investor was at least a 51% owner, managed the rehab, and the property was sold on MLS or refinanced into a rental. Investors should also have cash reserves sufficient for down payment, closing costs, working capital and some contingency funds.

Financial

For new investors that do not have experience, MM Lending offers a financial qualification which includes a combination of strong cash reserves, credit score and annual income.

Sponsor – Mentor

Don’t have the experience or financials to qualify? Find an investor who does, have them pre-qualify with MM Lending, and then partner with them.

Why Choose MM Lending?

Fast

Get pre-approved in 24 hours and close within 7-10 days

Simple

Communicate with real people for a hassle-free experience

Experienced

Since 2005 our veteran team has helped thousands of investors

Take the First Step