Fix and Flip Loan Interest Rates

LYNK Mortgage's fix & flip base rate is 8.50% for best-qualified borrowers: 680+ credit, 25%+ down, strong deal economics, or returning LYNK Mortgage borrower. Most borrowers close in 8.75%-10.00% range depending on individual profile. Example rates: 680+ credit, 20% down, 75% LTV = 8.75%; 620 credit, 10% down, 90% LTC = 10.50%. Rates are posted daily and change with market conditions (Treasury yields, lender competition, portfolio demand). During volatile markets (high uncertainty), rates may widen. During calm markets, rates tighten. LYNK Mortgage's rates are competitive; compare to other fix & flip lenders (hard money shops, private lenders) before assuming our rates are high—many charge 10-12%.

Credit score: 680+ = base rate, 660-679 = +0.25-0.5%, 620-659 = +0.75-1.25%. Down payment: 25%+ = base, 20% = +0.25%, 10-15% = +0.5-1.0%, 5% = +1.0-2.0%. LTC (loan-to-cost): 70% LTC = base, 80% = +0.25%, 90% = +0.75%, 95% = +1.5-2.0%. DSCR or exit clarity: if flipping to long-term rental (DSCR refinance plan), some flexibility on rate. Borrower experience: first-time flippers = +0.5-1.0%, experienced flippers or LYNK Mortgage repeat customers = potential discount. Market conditions: during strong real estate markets, rates compress; during slowdowns, rates widen. These adjustments stack: new borrower (620 credit, 5% down, 95% LTC) might pay 10.50-11.00%; experienced borrower (680 credit, 25% down, 75% LTC) might pay 8.50%-8.75%.

Build credit over 6-12 months: paying down cards, resolving late payments, raising credit score to 680+ unlocks better rates. Increase down payment: putting 25% down instead of 10% saves 0.75-1.5% rate improvement. Reduce LTC: targeting 80% LTC instead of 95% signals lower risk and typically improves rates. Become a LYNK Mortgage customer: complete 1-2 flips with us, build relationship, qualify for priority processing (faster closes, better terms). Shop volume: if you're planning 3-4 flips, discussing portfolio pricing with LYNK Mortgage may unlock modest rate discounts based on volume. Lock early: once you're pre-approved, lock your rate (30-45 day lock is free). If rates drop during your lock, you're stuck; if rates rise, you're protected.

Bank fix & flip loans: 6.5-7.5% if available (many banks don't do fix & flips), but require 30-45 days, pristine credit, and full income underwriting. Most private/hard money lenders charge 10-15% with 2-4% origination fees. LYNK Mortgage is a direct private lender at 8.50%—significantly cheaper than most hard money competitors while still closing in as few as 10 days with asset-based underwriting. DSCR loan (if refinancing flip to hold): 6.5-7.5% for long-term hold, but requires property stabilization and NOI calculation—not for short-term flips. Bottom line: LYNK Mortgage's 8.50%-11.00% range is competitive for asset-based, fast-close fix & flip lending. Compare against other hard money/fix & flip lenders in your market.