Our streamlined funding process ensures fast closings, clear communication, and dedicated support from start to finish.
1
Submit Application & Pay Fee
Complete Online Application: Begin by submitting your online application with all required information about your fix and flip project.
Pay Processing Fee: Once your application is complete, pay the $495 processing fee to initiate your loan review.
Have an Establish Business Entity: 🔹 Note: All loans must be in a business entity (EIN-based LLC).
2
Personal Rep Assigned
Your Dedicated Support
After submission, you'll be contacted by your dedicated Loan Representative. She'll introduce herself and schedule a time to review your project details and funding needs.
3
Project Review & Terms Discussion
Your Loan Rep will walk you through the loan structure, options, and terms specific to your deal. You'll have a chance to ask questions and explore the best product fit.
4
Document Preparation & Submission
You'll work with your Broker (Rae) to organize and prepare the documents below ahead of time. All documents will be submitted to Keisha in a shared Google folder for review and processing.
LLC/Business Formation Docs
Operating Agreement
Driver's License
Articles of Incorporation
Bank Info
Insurance (as needed)
5
Conditional Approval
You agree to the proposed loan terms and conditions.
Your file enters Conditional Approval. At this stage the Lender begins verifying documents and pre-underwriting your deal.
6
Underwriting Review
The underwriting team performs a final review of your application and submitted documents. You may be asked for 1–2 final conditions to move to closing.
7
Clear to Close Issued
When underwriting is satisfied, you’ll receive a Clear to Close status update from your Closing Coordinator. They will guide you through the final steps before funding.
8
Initial Disbursement at Closing
At the closing table, the title company will disburse funds for the property purchase. Rehab funds are held in escrow and released based on draw requests.
9
Project Kickoff & Contractor Coordination
Once the loan closes and the property is in your name, you may share the Term Sheet or Closing Statement with your General Contractor to begin work.
10
Draw Requests Process from Escrow
As work progresses, you'll submit draw requests. Funds are released based on completed milestones. Most draws are reviewed and approved quickly.
Typical Closing Timeline
7-14 Business Days
Dedicated Support
Transparent Process
💡 Need a reliable construction partner?
We recommend Quick Flip Construction, a professional renovation team offering a ‘Kickoff Loan’ to help get work started before your first draw. Ask us how to get them on your project.
Our Closing Coordinating Team is efficient and responsive. You'll receive regular updates, and your Business Development Manager is available anytime to support you.