First-lien collateral
Business-purpose loans secured by U.S. residential real estate.
Targeted improvement and repositioning
Fix-and-Flip and Light Rehab Loans
Business-purpose acquisition and cosmetic-to-moderate renovation financing for residential resale or rental conversion.
Indicative term
9–12 months
Leverage guideline
Up to 90% LTC / 75% LTV-ARV
Primary use
Acquisition plus targeted renovation
Structure
Short-duration improvement capital
02 / 05
Built for the improvement stage.
Fix & flip / light rehab financing supports the acquisition and improvement of existing residential property for resale or rental conversion.
MRC applies a business-purpose first-lien real estate lending framework while matching term and leverage guidelines to the collateral and project stage.
Third-party diligence
Appraisal, title, document, borrower background and OFAC review.
Transaction controls
Product-specific leverage and, where applicable, verified construction-draw controls.
Business-purpose financing fit
Acquisition and targeted renovation financing
Business-purpose fix-and-flip financing centers on an investment property that needs a defined scope of cosmetic or moderate improvements before resale or rental conversion. The acquisition basis, renovation plan, completed value and intended outcome help establish whether the proposal fits this strategy.
Key considerations for this loan strategy
- Describe the existing property's condition, acquisition plan and intended business or investment use.
- Separate purchase costs from the cosmetic or moderate renovation budget.
- Explain the anticipated completed value and intended sale or rental-conversion plan.
- Consider the published 9–12 month guideline against the project schedule and expected exit.
These are discussion points, not a complete document checklist or eligibility determination. Learn more in the business-purpose real estate loans guide, or review MRC's underwriting framework.
Underwriting lens
Structure follows the project.
The published term and leverage figures are underwriting guidelines—not automatic approvals or standardized commitments.
Each financing opportunity is evaluated against its collateral, documentation, borrower diligence, project scope and applicable legal and compliance requirements.
Have a real opportunity that fits this strategy? Debbie can guide you through the details and submit it directly to MRC for review.
