Quick Closings on Properties

Fix & Flip

Fix and flip loans allow investors to purchase properties that need renovations before they can be sold (flipped) or rented and then refinanced (BRRRR strategy). These loans are offered to borrowers of all experience levels.
Loan

12
Month Term

Prepayment

NO PREPAYMENT
PENALTIES

Cost

Up to 85%
Loan To Cost (LTC)

Fix & Flip Loans By The Numbers

The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval

100%

% of rehab
financed

85%

max % of
purchase price
financed

2%

Average Origination Fee

10.95-13.95%

depending on experience and LTC

New Construction 1-4 Units

Corridor Funding is proud to offer new construction loans for clients looking to build and sell or build and rent investment houses. With no personal income underwriting and quick construction draw turn times, our new construction program is made for the builder that is looking to simplify and grow their business.

Loan

12
Month Term

Prepayment

NO PREPAYMENT
PENALTIES

Cost

Fast Draw
Disbursements

New Construction Loan by the Numbers

The structure and pricing of each loan is subject to underwriting and approval

100%

of Construction Budget Financed

65%

Of After Construction Value Financed

2%

Origination Fee

2-3 Days

Average turn-around time for draws

30 Year Fixed Rate Rental Loan

Corridor Funding offers 30 year fixed rate rental loans designed specifically for real estate investors looking to build their long term rental portfolio. These loans function very similarly to those you’d get with a bank, but without all of the hassle and limitations.

Unit

1-4 UNIT
PROPERTIES

No-Borrower

NO BORROWER
INCOME VERIFICATION

icon5

Simple underwriting requirements unlike bank loans

Fixed Rate Loan by the Numbers

The structure and pricing of each loan is subject to borrower qualifications and final underwriting approval

30

30 Year Loan
- 30 Year Amortization

75%

MAX LTV (Loan To Value) For Cash Out Refinances

75%

Max LTV
(Loan to Value)

Rates From 6.50%

Rates subject to LTV