Benefits For Borrowers

Instant Proof of Funds Letter

Interest Only Payments

Discounts for Repeat Borrowers

Instant Term Sheet

No Hard Credit Pull

No Junk Fees

All Loan Products

Fix & Flip

Funds for purchase + rehab or refinance + rehab

Get up to $5,000,000

Interest rate 9 - 11%

Origination 1 - 1.75%

Up to 100% construction

More Info

Rent

30 year fixed product for stabilized properties

Get up to $3,000,000

Interest rate from 6%

Origination 0-2%

30-year fixed rate

More Info

Ground Up

Construction loans for residential builders

Get up to $5,000,000

Interest rate 10.25 - 11.25%

Origination 1 - 2%

Up to up to 18 months

More Info

Recently Funded Fix and Flip Projects

$1,231,000

Washington, DC

Fix and Flip

Interest Rate 9.5%

$680,000

Annandale, NJ

Fix and Flip

Interest Rate 10.50%

$148,500

Coloma, MI

Fix and Flip

Interest Rate 10.00%

$323,000

Keaau, HI

Fix and Flip

Interest Rate 9.5%

$378,000

Oakland, CA

Fix and Flip

Interest Rate 9.5%

$882,000

Rohnert Park, CA

Fix and Flip

Interest Rate 9.25%

$296,000

Pennsauken, NJ

Fix and Flip

Interest Rate 9.5%

$121,800

Rockford, IL

Fix and Flip

Interest Rate 7.00%

$900,000

Long Beach, CA

Fix and Flip

Interest Rate 9.25%

$184,500

Joliet, IL

Fix and Flip

Interest Rate 9.75%

Ready to start your fix and flip project?

New Silver can supply the capital you need to buy, renovate and resell properties for maximum profit

Get Approved Online

Frequently Asked Questions

Do Fix and Flip loans have a maximum property size?

Yes, the maximum allowed property size is 5 acres.

Does New Silver offer portfolio lending?

No, New Silver does not cross collateralize and cannot provide portfolio loans. Each property needs to qualify individually and requires a separate application and loan.

Does New Silver finance raw or vacant land?

No, we do not offer financing for raw or undeveloped land where there are no plans for development. If you are interested in building a dwelling on the land, you may qualify for a Ground Up loan.

What are the minimum value requirements for a fix and flip loan?

The minimum loan amount of $100,000, property as-is value of $100,000 or higher, and after repair value of $150,000 or more.

Is financing for rural properties available?

No, we do not finance rural property.

Is an appraisal required?

Yes, an appraisal with interior access is required. For projects with 5+ units, a full commercial appraisal will be required.

What are New Silver’s appraisal requirements?

For our fix and flip and ground up programs, we will need 6 comparable sales within a 5 mile radius sold within the last 12 months. While this is the general policy, there may be exceptions made with investment committee approval.

Am I required to be an American citizen in order to obtain a Fix and Flip loan?

You need to be a US citizen or legal resident.

Fix and Flip Loans Rhode Island

Fast and Easy Hard Money Loans in RI

Need financing for your real estate project? Get approved for a fix and flip loan from New Silver in under 10 minutes.

New Silver can be the perfect partner for Fix and Flip Loans in Rhode Island. Our real estate team consists of experienced investors, entrepreneurs and hard money loan professionals ready to get you approved and funded as fast as possible.

Our hassle-free application process and instant proof of funds letter will help you close the deal quickly. Apply for your fix and flip loan with New Silver today, and make sure you don’t miss out on an opportunity to make a profitable flip.

Please note, if you have any questions on how to get started with your loan, have a look at our simple guideline here.

4 Reasons To Fund Your Flip with New Silver

1. Quick and easy application

Our application process is quick, simple and easy to complete. It only takes 10 minutes for your fix and flip loan application to be approved.

2. Fast Loan Closing

Unlike more traditional lenders that can take weeks to close the loan, we are able to complete the process in a few short days.

3. Attractive Interest Rates

Our interest rates start at 9.75%, and the origination fee from 1.75%. We offer up to 90% loan to purchase price, with loan terms up to 24 months.

4. Residential and Multi-Family

It doesn’t matter if you’re purchasing a single family home or multi-family complex. We provide fix and flip loans for both types of properties.

Rhode Island Home Flipping Stats

Median Purchase Price

$195,000

Median Resale Price

$270,000

Average Profit

$75,000

Total House Flips In 2019

650

Population Size

1,059,361

Median Household Income

$63,296

High School Graduation Rate

88.0%

Average Travel Time To Work

24.8 Mins

Fix and Flip Loan Details

Renovate, rehab and resell your property

Interest Rate

from 9.75%

Origination Fee

from 1.75%

Loan To Purchase Price

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 75%

Term

up to 24 months

Type of Property

Residential 1-4 units, multi-family

Maximum Loan Amount

$5,000,000

Minimum Loan Amount

$75,000

Minimum FICO

600

Interest Only Payments

No Previous Fix and Flip Experience Required

No Junk Fees

Instant Proof of Funds Letter

Apply for a loan at New Silver today!

Ready to get started with your loan from New Silver? Get approved quickly.

Fix and Flip Loans Pennsylvania

Fast and Easy Hard Money Loans in PA

Need financing for your real estate project? Get approved for a fix and flip loan from New Silver in under 10 minutes.

New Silver can be the perfect partner for Fix and Flip Loans in Pennsylvania. Our real estate team consists of experienced investors, entrepreneurs and hard money loan professionals ready to get you approved and funded as fast as possible.

Please note, if you have any questions on how to get started with your loan, have a look at our simple guideline here.

4 Reasons To Fund Your Flip with New Silver

1. Quick and easy application

Our application process is quick, simple and easy to complete. It only takes 10 minutes for your fix and flip loan application to be approved.

2. Fast Loan Closing

Unlike more traditional lenders that can take weeks to close the loan, we are able to complete the process in a few short days.

3. Attractive Interest Rates

Our interest rates start at 9.75%, and the origination fee from 1.75%. We offer up to 90% loan to purchase price, with loan terms up to 24 months.

4. Residential and Multi-Family

It doesn’t matter if you’re purchasing a single family home or multi-family complex. We provide fix and flip loans for both types of properties.

Pennsylvania Home Flipping Stats

Median Purchase Price

$85,181

Median Resale Price

$150,269

Average Profit

$65,088

Total House Flips In 2019

6454

Population Size

12,801,989

Median Household Income

$65,323

High School Graduation Rate

86.5%

Average Travel Time To Work

33.3 Mins

Fix and Flip Loan Details

Renovate, rehab and resell your property

Interest Rate

from 9.75%

Origination Fee

from 1.75%

Loan To Purchase Price

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 75%

Term

up to 24 months

Type of Property

Residential 1-4 units, multi-family

Maximum Loan Amount

$5,000,000

Minimum Loan Amount

$75,000

Minimum FICO

600

Interest Only Payments

No Previous Fix and Flip Experience Required

No Junk Fees

Instant Proof of Funds Letter

Apply for a loan at New Silver today!

Ready to get started with your loan from New Silver? Get approved quickly.

Fix and Flip Loans Massachusetts

Fast and Easy Hard Money Loans in MA

Need financing for your real estate project? Get approved for a fix and flip loan from New Silver in under 10 minutes.

New Silver can be the perfect partner for Fix and Flip Loans in Massachusetts. Our real estate team consists of experienced investors, entrepreneurs and hard money loan professionals ready to get you approved and funded as fast as possible.

Please note, if you have any questions on how to get started with your loan, have a look at our simple guideline here.

4 Reasons To Fund Your Flip with New Silver

1. Quick and easy application

Our application process is quick, simple and easy to complete. It only takes 10 minutes for your fix and flip loan application to be approved.

2. Fast Loan Closing

Unlike more traditional lenders that can take weeks to close the loan, we are able to complete the process in a few short days.

3. Attractive Interest Rates

Our interest rates start at 9.75%, and the origination fee from 1.75%. We offer up to 90% loan to purchase price, with loan terms up to 24 months.

4. Residential and Multi-Family

It doesn’t matter if you’re purchasing a single family home or multi-family complex. We provide fix and flip loans for both types of properties.

Massachusetts Home Flipping Stats

Median Purchase Price

$224,500

Median Resale Price

$305,050

Average Profit

$80,550

Total House Flips In 2019

1,322

Population Size

6,892,503

Median Household Income

$77,378

High School Graduation Rate

90.4%

Average Travel Time To Work

29.7 Mins

Fix and Flip Loan Details

Renovate, rehab and resell your property

Interest Rate

from 9.75%

Origination Fee

from 1.75%

Loan To Purchase Price

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 75%

Term

up to 24 months

Type of Property

Residential 1-4 units, multi-family

Maximum Loan Amount

$5,000,000

Minimum Loan Amount

$75,000

Minimum FICO

600

Interest Only Payments

No Previous Fix and Flip Experience Required

No Junk Fees

Instant Proof of Funds Letter

Apply for a loan at New Silver today!

Ready to get started with your loan from New Silver? Get approved quickly.

Fix and Flip Loans Connecticut

Fast and Easy Hard Money Loans in CT

Need financing for your real estate project? Get approved for a fix and flip loan from New Silver in under 10 minutes.

New Silver can be the perfect partner for Fix and Flip Loans in Connecticut. Our real estate team consists of experienced investors, entrepreneurs and hard money loan professionals ready to get you approved and funded as fast as possible.

Please note, if you have any questions on how to get started with your loan, have a look at our simple guideline here.

4 Reasons To Fund Your Flip with New Silver

1. Quick and easy application

Our application process is quick, simple and easy to complete. It only takes 10 minutes for your fix and flip loan application to be approved.

2. Fast Loan Closing

Unlike more traditional lenders that can take weeks to close the loan, we are able to complete the process in a few short days.

3. Attractive Interest Rates

Our interest rates start at 9.75%, and the origination fee from 1.75%. We offer up to 90% loan to purchase price, with loan terms up to 24 months.

4. Residential and Multi-Family

It doesn’t matter if you’re purchasing a single family home or multi-family complex. We provide fix and flip loans for both types of properties.

Connecticut Home Flipping Stats

Median Purchase Price

$120,000

Median Resale Price

$218,950

Average Profit

$98,950

Total House Flips In 2019

1,279

Population Size

3,565,287

Median Household Income

$76,106

High School Graduation Rate

90.5%

Average Travel Time To Work

26.3 Mins

Fix and Flip Loan Details

Renovate, rehab and resell your property

Interest Rate

from 9.75%

Origination Fee

from 1.75%

Loan To Purchase Price

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 75%

Term

up to 24 months

Type of Property

Residential 1-4 units, multi-family

Maximum Loan Amount

$5,000,000

Minimum Loan Amount

$75,000

Minimum FICO

600

Interest Only Payments

No Previous Fix and Flip Experience Required

No Junk Fees

Instant Proof of Funds Letter

Apply for a loan at New Silver today!

Ready to get started with your loan from New Silver? Get approved quickly.

Fix and Flip Loans New York

Fast and Easy Hard Money Loans in NY

Need financing for your real estate project? Get approved for a fix and flip loan from New Silver in under 10 minutes.

New Silver can be the perfect partner for Fix and Flip Loans in New York. Our real estate team consists of experienced investors, entrepreneurs and hard money loan professionals ready to get you approved and funded as fast as possible.

Please note, if you have any questions on how to get started with your loan, have a look at our simple guideline here.

4 Reasons To Fund Your Flip with New Silver

1. Quick and easy application

Our application process is quick, simple and easy to complete. It only takes 10 minutes for your fix and flip loan application to be approved.

2. Fast Loan Closing

Unlike more traditional lenders that can take weeks to close the loan, we are able to complete the process in a few short days.

3. Attractive Interest Rates

Our interest rates start at 9.75%, and the origination fee from 1.75%. We offer up to 90% loan to purchase price, with loan terms up to 24 months.

4. Residential and Multi-Family

It doesn’t matter if you’re purchasing a single family home or multi-family complex. We provide fix and flip loans for both types of properties.

New York Home Flipping Stats

Median Purchase Price

$109,600

Median Resale Price

$166,000

Average Profit

$56,400

Total House Flips In 2019

6,149

Population Size

19,542,209

Median Household Income

$65,323

High School Graduation Rate

86.5%

Average Travel Time To Work

33.3 Mins

Fix and Flip Loan Details

Renovate, rehab and resell your property

Interest Rate

from 9.75%

Origination Fee

from 1.75%

Loan To Purchase Price

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 75%

Term

up to 24 months

Type of Property

Residential 1-4 units, multi-family

Maximum Loan Amount

$5,000,000

Minimum Loan Amount

$75,000

Minimum FICO

600

Interest Only Payments

No Previous Fix and Flip Experience Required

No Junk Fees

Instant Proof of Funds Letter

Apply for a loan at New Silver today!

Ready to get started with your loan from New Silver? Get approved quickly.