Chimera Funding offers rehab/ “fix and flip” financing. We can lend up to 100% of the Purchase Price plus 100% of the Cost of Repairs (subject to appraisal) on any type of residential or commercial property.
- Rehab or “Fix and Flip” Loans
- New Construction/Spec Homes Loans
- Hard Money Loans – Refinance or Purchase
- Business purpose loans secured by real estate
- Creative financing structures
- Rates as low as 9.99% at only 1-2 points!
**We do EQUITY based lending – minimal qualification requirements!
We charge our borrowers VERY FEW points because our goal is to obtain a high volume of quality deals.
To expedite the process, please e-mail your scenario or submit your responses to the following questions below. For your protection please do NOT send us sensitive, personal information via the Internet that can be unlawfully intercepted by an unauthorized third party, e.g. social security number, bank account information, etc.
- How much are you looking to borrow?
- What is the property value?
- What is the address of the property?
- Are you putting any of your funds into the project?
- Do you have experience in flipping/rehab?
- Maximum 65% after repair value (ARV)
- Is this for investment purposes? (We only do business to business loans)