Blog
Which Loan Is Right for Me?
Not sure which loan product fits your next deal? Whether you're flipping your first house, building ground-up, or growing a rental portfolio, LYNK Mortgage offers a range of loan products designed for real estate investors. Here's a simple guide to help you choose.
Fix & Flip Loans
Best for:
Investors buying a property to renovate and sell for profit.
How it works:
You receive funding to purchase the property and finance the renovation. The rehab budget is held back at closing and disbursed to you in draws as work is completed. When you sell the property, you pay off the loan.
Key details:
- Short-term (up to 12 months)
- Interest-only payments
- No tax returns or income docs required
- Instant term sheets — close in as few as 10 days
Choose this loan if:
You have a property under contract that needs renovation, you plan to sell it within 12 months, and you want fast, flexible funding without traditional bank requirements.
DSCR Rental Loans
Best for:
Investors buying or refinancing rental properties for long-term income.
How it works:
You qualify based on the property's rental income (its Debt Service Coverage Ratio) rather than your personal income. This makes it ideal for investors who may not have traditional W2 income or who want to scale without hitting conventional loan limits.
Key details:
- 30-year terms with fixed rates
- No tax returns, no DTI calculations
- Purchase and cash-out refinance options
- Single properties or entire portfolios
Choose this loan if:
You want to hold the property long-term for rental income, you'd rather qualify on the property than on your personal finances, or you're transitioning a completed rehab into a permanent loan.
New Construction Loans
Best for:
Builders and developers constructing residential properties from the ground up.
How it works:
You receive funding to purchase the land (or use land you already own as equity) and finance the full construction. Funds are disbursed in draws as construction milestones are completed and verified by inspection.
Key details:
- Terms up to 18 months
- Single-family and multi-property projects
- Easy online draw process
- Close in as few as 15 days
Choose this loan if:
You have a permit-ready lot and a construction budget, you're an experienced builder looking to scale, or you need a lender who understands construction draws and timelines.
Bridge Loans
Best for:
Investors who need short-term financing on a completed or nearly completed property while waiting to sell or refinance.
How it works:
A bridge loan gives you time and flexibility after your project is finished. Use it to bridge the gap while you list the property for sale, stabilize rents, or secure permanent financing.
Key details:
- Terms up to 24 months
- Cash out permitted
- Interest-only payments
- Flexible exit strategies
Choose this loan if:
Your property is already renovated or stabilized but you need time to execute your exit plan, whether that's a sale, a refinance, or a lease-up period.
Multi-Family Bridge Loans
Best for:
Investors acquiring or repositioning apartment buildings and multi-family properties (up to 75 units).
How it works:
We underwrite based on the property's pro-forma potential — not just its current income. This allows you to acquire underperforming properties and execute a value-add strategy before refinancing into permanent debt.
Key details:
- Terms up to 60 months
- Interest-only payments
- Pro-forma underwriting
- Customized deal structuring
Choose this loan if:
You're buying an apartment building or multi-family property that needs repositioning, rent stabilization, or light renovation before permanent financing.
Still Not Sure?
Every deal is different, and many investors use multiple loan types across their portfolio. The fastest way to find out which loan fits your next project is to apply online — you'll get an instant term sheet with your specific rates and terms, with no obligation and no application fees.
Or call our team at 407-476-2500. We're happy to walk you through your options.