Fix and Flip Loans
Q: What is a fix and flip loan and how does it work?
A: A fix and flip loan is a short-term real estate investment loan designed to help investors purchase and renovate properties for resale. At Jaken Finance Group, qualified fix and flip files receive up to 90% LTC; select repeat sponsors may qualify for up to 100% financing when ARV margin, scope, and exit support the risk. Terms are typically 6–12 months, secured by the property.
Q: How much financing can I get for a fix and flip project?
A: Leverage depends on sponsor experience, ARV, and scope. Experienced investors with strong track records qualify for our highest LTC tiers. We finance projects from single SFR rehabs to multi-unit value-add.
Q: Do you require a credit check for fix and flip loans?
A: We offer credit-flexible programs with no minimum FICO on select files. We may pull credit to review trends and guarantor reliability, but approval is collateral-first — ARV, LTC, scope, liquidity, and exit drive the decision.
Q: How fast can I get approved for a fix and flip loan?
A: Complete files typically receive a term sheet within 1 business day. Closes run 7–10 business days once docs and valuation path are in order.
Q: Do fix and flip loans require an appraisal?
A: No appraisal on select programs for experienced sponsors with documented ARV comps. Standard files use third-party valuation. This speeds time-sensitive acquisitions when comps support the file.
DSCR Loans
Q: What is a DSCR loan and who qualifies?
A: A DSCR (Debt Service Coverage Ratio) loan qualifies borrowers based on property cash flow rather than personal W-2 income. Jaken offers DSCR up to 85% LTV on purchase and rate-and-term refinances and 80% LTV on cash-out refinances in select markets for qualified borrowers.
Q: Do I need tenants in place to get a DSCR loan?
A: Requirements vary by program. Some files allow stabilization timelines without signed leases — submit your scenario for program fit.
Q: Can I do a cash-out refinance with a DSCR loan?
A: Yes — DSCR cash-out up to 80% LTV. No-seasoning options available on qualified rehabbed properties.
Bridge Loans
Q: What is a bridge loan for real estate investors?
A: Short-term financing for fast acquisitions, 1031 timing gaps, or listed-property carry. Bridge programs offer credit-flexible underwriting and no appraisal on select files for experienced sponsors.
Q: How fast can I close with a bridge loan?
A: 7–10 business days on complete qualified files — faster than conventional when you have comps, scope, and title in hand.
Hard Money Loans
Q: What is hard money lending?
A: Asset-based short-term financing secured by investment real estate. Approval focuses on property value, ARV, and exit — not W-2 income.
Q: What states do you provide hard money loans in?
A: All 50 states on qualified non-owner-occupied investment property files.
Loan Terms, Rates, and Leverage
Q: What interest rates do you charge?
A: Published bands (2026): fix and flip / bridge 9%–13.5%; DSCR 7.5%–10.5%. See interest rates for full product table.
Q: What loan-to-value ratios do you offer?
A: Up to 90% LTC on qualified fix-and-flip; up to 100% for select repeat sponsors. DSCR: 85% purchase / 80% cash-out / 85% rate-and-term in select markets for qualified borrowers.
Q: Do you work with new real estate investors?
A: Yes. Newer sponsors may start at lower leverage tiers; repeat borrowers qualify for improved terms.
Q: Do you fund rural properties?
A: Yes, when ARV comps, exit liquidity, and insurance support the file. Thin comp sets and long DOM require stronger margin — bring sold comps and a realistic exit.
Q: Do you offer gap funding?
A: Case by case. We sometimes provide gap or second-position capital when lien priority, equity stack, and exit are documented. Use our gap funding application for consideration.
Q: Is there a minimum or maximum loan amount?
A: Bridge and short-term files have no minimum on most programs. DSCR rental typically starts at $50,000. There is no hard ceiling on qualified bridge and fix-and-flip files — large deals are underwritten on sponsor experience and deal economics.
Q: How do rehab draws work?
A: Rehab is funded up to 100% of documented scope on qualified files, released in milestone draws after inspection.
Borrower Experience
Q: What makes Jaken Finance Group different?
A: Three advantages: credit-flexible collateral-first underwriting, high leverage on qualified files, and focus-market depth with metro hubs in Chicago, Charlotte, Tampa, Indianapolis, and DC.
Q: How do I get started?
A: Pre-qualify online, call (833) 264-7776, or email info@jakenfinancegroup.com.
Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. Closing times are in business days and commence upon satisfaction of borrower conditions. Select programs may not require a third-party appraisal. All loans are subject to asset-based underwriting. Jaken Finance Group only finances non-owner occupied investment properties.
Jaken Finance Group, 2300 Barrington Road, Suite 400, Hoffman Estates, IL 60196