Best Fix and Flip Lenders
2026 Comparison Guide
for Real Estate Investors
for Real Estate Investors
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Finding the Right Fix and Flip Lender for Your Investment Strategy
Fix and flip lending has become increasingly competitive. The best lenders distinguish themselves through three key factors: speed to close, loan-to-cost leverage, and streamlined underwriting. In this guide, we compare the market leaders side-by-side so you can make an informed decision about which lender is right for your projects.
Whether you're a first-time flipper or a seasoned investor with dozens of completed projects, choosing the right partner can mean the difference between maximizing returns and losing deals to competitors. Speed matters—some lenders can close in as few as 7 days, while others may take 3-4 weeks. Leverage matters—getting 95% LTC allows you to deploy capital more efficiently. And experience matters— the more deals you've completed, the better rates and terms you'll receive.
Quick Comparison Table
| Lender | Rates From | Max LTC | Max LTV (ARV) | Close Time | Appraisal |
|---|---|---|---|---|---|
| LYNK Mortgage | 8.50% | 95% | 70% | 10 days | Required |
| Kiavi | 7.75%–9.99% | 90% | 80% | 7 days (Std) 5 days (Enterprise) | Not Required |
| Easy Street Capital | 7.99%–11.99% | 90% | 75% | 2–3 days | Not Required |
| Lima One Capital | 8.45%–11.99% | 95% | 75% | 3 weeks (New) 3 days (Repeat) | Required |
| RCN Capital | 9.24%–12.99% | 85% | 75% | 10–21 days | Required |
Last updated: April 2026. Rates and terms reflect publicly advertised information. Individual loans may vary based on credit, deal quality, experience, and market conditions. LTC = Loan-to-Cost; LTV = Loan-to-Value ARV (After-Repair Value). Confirm current rates directly with each lender before making a decision.
Fix and Flip Lenders Reviewed
LYNK Mortgage — Direct Lender
LYNK Mortgage stands out as a direct lender offering competitive fix and flip loans with a dedicated team model. With rates from 8.50%, up to 95% LTC, and 70% LTV on the after-repair value, LYNK Mortgage delivers the leverage investors need to scale their business. Most importantly, LYNK Mortgage closes loans in as few as 10 days with a single loan officer managing your deal from application through funding.
What differentiates LYNK Mortgage is the focus on investor experience. Term sheets are issued instantly—no multi-week waiting periods. No income documentation is required; the lender focuses on the deal quality and your exit strategy. With over $1 billion funded across fix and flip projects, LYNK Mortgage has earned trust among thousands of real estate investors. The company operates in 31 lending states and can handle loans up to $2.5 million.
LYNK Mortgage's rehab draw process is streamlined for efficiency. Investors appreciate the combination of speed, clear communication, and a team that understands both the financial and operational aspects of fix and flip projects.
Kiavi — Speed and Volume Leader
Kiavi (formerly LendingHome) is the #1 private lender for fix and flip loans, funding over $8 billion in volume during 2025. The company's flagship advantage is blazing-fast closing times: 7 business days for standard approvals and 5 days for their Enterprise Program (designed for investors with 30+ properties and $7M+ in annual volume). Rates range from 7.75% to 9.99% depending on credit, experience, and deal quality.
Kiavi's proprietary advantage is their no-appraisal model. Rather than ordering traditional appraisals, Kiavi uses an in-house AI-powered valuation engine trained on 7.8 billion data points to estimate after-repair value. This eliminates a key bottleneck in the underwriting process and explains their industry-leading close times. Document review is automated and AI-assisted, further accelerating approvals.
Kiavi's repeat customer rate is exceptional at 82%, indicating high investor satisfaction. The Enterprise Program offers the lowest close times and likely the best rates for experienced borrowers. Maximum LTC is 90% with up to 80% LTV on ARV. Kiavi is a strong choice if speed is your top priority.
Easy Street Capital — Fast Closings from Texas
Based in Austin, Texas, Easy Street Capital specializes in hard money and fix and flip lending with a product called EasyFix. Their headline claim is extreme speed: approval in under 24 hours and closing in as little as 48 hours. This is among the fastest close times available in the market. Rates range from 7.99% to 11.99%, placing them in the competitive middle of the market.
Easy Street's speed comes from a streamlined process: borrowers submit property photos and a scope of work, and Easy Street's internal valuation team (not third-party appraisers) quickly determines the ARV. This eliminates the appraisal timeline and reduces underwriting delays. Easy Street was named among Forbes Advisor's Best Hard Money Lenders in 2025, a recognition that validates their quality and reliability despite rapid turnaround times.
Easy Street closed a $175 million right-to-loan securitization in November 2025, demonstrating significant capital capacity. Maximum leverage is 90% LTC and 75% LTV. This lender is ideal for investors who need cash deployed quickly and can tolerate slightly higher rates in exchange for record-breaking close times. Texas and neighboring states are their primary footprint.
Lima One Capital — Experience-Based Pricing
Lima One Capital, headquartered in Greenville, South Carolina, has built a loyal investor base through experience-based pricing and deep construction expertise. Their FixNFlip product closes within 3 weeks for first-time borrowers and in as little as 3 days for repeat customers with complete files. Rates range from 8.45% to 11.99%. The company rewards experience: investors who have completed multiple deals in the last 36 months qualify for better rates and terms.
Lima One stands out for construction management. The company employs in-house construction experts who review scopes of work and manage draws, reducing risk for both borrower and lender. This is particularly valuable for newer investors who need expert guidance on renovation budgets and timelines. Lima One also offers Fix2Rent, a single-close product combining acquisition, renovation, and permanent financing—a comprehensive solution for investors looking to hold rentals.
For repeat borrowers and experienced investors, Lima One delivers up to 95% LTC and 75% LTV—matching or exceeding most competitors. Their experience-based tier system rewards loyalty, making this an excellent choice if you're planning to run a high-volume flip business.
RCN Capital — Broker Network Specialist
RCN Capital, based in South Windsor, Connecticut, is the #3 lender according to Scotsman Guide rankings. Approximately 85% of RCN's business flows through broker partners, making them an attractive option if you work with a mortgage broker. Advertised fix and flip close times range from 10 to 21 days. Rates for their Gold Tier (10+ completed deals) start from 9.24%.
RCN's Gold Tier program is designed to reward repeat investors. Borrowers with 10 or more completed deals in their portfolio receive preferential rates, likely faster approvals, and potentially better service. With a 70%+ return customer rate, RCN has successfully built long-term relationships with experienced flippers. Maximum leverage is 85% LTC and 75% LTV, which is respectable but slightly lower than top competitors in the space.
RCN is an excellent choice if you work with a broker, have completed multiple deals, and value a relationship-based lending model. They're particularly strong on the East Coast and Midwest.
How to Choose the Best Fix and Flip Lender for Your Deals
1. Prioritize Speed Based on Your Market
Competitive markets reward speed. If you're flipping in a hot market where properties sell quickly, losing a deal to a slower lender is expensive. Easy Street Capital (48 hours) and Kiavi (7 days) are unbeatable for rapid close times. LYNK Mortgage at 10 days offers a strong balance of speed and service. If you're in a slower market, RCN Capital's 10–21 day timeline may be acceptable.
2. Evaluate Leverage Against Your Exit Strategy
Higher LTC and LTV mean less equity required from you. Lima One and LYNK Mortgage both offer up to 95% LTC, allowing you to maximize capital efficiency. Kiavi tops out at 90% LTC. If you're highly leveraged or working with limited capital, prioritize lenders offering 95% LTC. If you prefer to retain 10% equity, any of these lenders work fine.
3. Assess Draw Processes and Construction Support
Rehab draws can make or break your timeline. Lenders with fast, flexible draw processes allow you to pull funds as work progresses. LYNK Mortgage uses a dedicated loan officer who understands investor timelines. Lima One offers construction expertise with in-house reviewers. Kiavi and Easy Street operate more transactionally but still deliver timely draws. Choose based on how much guidance and relationship support you value.
4. Determine Experience Requirements and Tier Benefits
First-time flippers: Easy Street, Kiavi, and LYNK Mortgage all work with beginners. Lima One closes in 3 weeks for new investors (or 3 days for repeats).
Experienced investors (10+ deals): RCN's Gold Tier offers rates from 9.24%. Lima One's tiered pricing rewards your history. Kiavi's Enterprise Program is built for high-volume borrowers. Evaluate how much of a rate discount you can earn for your experience level.
Experienced investors (10+ deals): RCN's Gold Tier offers rates from 9.24%. Lima One's tiered pricing rewards your history. Kiavi's Enterprise Program is built for high-volume borrowers. Evaluate how much of a rate discount you can earn for your experience level.
5. Check Geographic Coverage
LYNK Mortgage operates in 31 states. Kiavi, RCN Capital, and Lima One have broad national coverage. Easy Street is Austin/Texas-focused but may serve bordering states. Confirm your state and county are eligible before applying.
6. Factor in Appraisal Requirements and Timeline
Kiavi and Easy Street don't require appraisals (they use proprietary ARV models), which accelerates close times by 1–2 weeks. LYNK Mortgage, Lima One, and RCN require appraisals, which can add 5–10 business days to the timeline. If speed is critical, appraisal-free lenders have a built-in advantage.
Frequently Asked Questions About Fix and Flip Lenders
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LYNK Mortgage offers fix & flip loans, new construction loans, multi-family bridge loans, and DSCR rental loans to real estate investors.
Disclaimers: LYNK Mortgage makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Mortgage does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, create a legally binding commitment or obligation on the part of LYNK Mortgage and all terms are expressly subject to LYNK Mortgage's credit, legal, and investment approval process.
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