A fix and flip loan is a short-term real estate investment loan used to purchase and renovate distressed or undervalued properties with the intent to sell for profit. These loans are based primarily on the property's value and your renovation plan—not your personal income or credit score.

Unlike traditional mortgages, fix and flip loans focus on the after-repair value (ARV) of the property rather than the borrower’s credit score or income. This makes them ideal for investors who need flexible funding without the long underwriting timelines of banks. Whether you're buying at auction, acquiring a foreclosure, or targeting a cosmetic rehab, these loans allow you to act fast in competitive markets.