New Jersey Fix and Flip Lenders
Are you flipping residential properties in New Jersey? On this page you'll find a list of fix and flip lenders throughout New Jersey. Fix & flip lending is only for residential properties with 1-4 units. We have a separate page for lenders that offer rehab/value-add financing for other property types. The maximum loan-to-after repair value (LTARV) for most lenders in New Jersey is 70%. You typically need some cash for the purchase (15%-20%) and some cash reserves.Searching...
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Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.

Nationwide Mortgage
Outstanding Service for Investment Property Bridge, Rehab, Rental, and Construction Loans
New Jersey Fix & Flip Loan Stats
According to private lending data provider, Analytics Logics, the average interest rate for fix & flip loans in New Jersey is 11.09%. The average loan amount is $439,322. These stats are the average of all the loans which were funded between April 1, 2023 and September 15, 2023 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Fix & flip loans include the purchase of the property and the renovation budget, with the loan-to-after-repair value typically being no more than 70%.
Funded Fix & Flip Loans in New Jersey

Bayport Funding, a balance sheet lender based in Long Island, funded a $1,400,000 1st lien position fix and flip loan for a 4-unit mixed-use property in Englewood, Bergen County, NJ. We funded 100% of the $400,000 renovation budget and 75% of the $1,425,000 purchase price, while the Borrower contributed 25% cash to the purchase at closing. The after-repair value was estimated at $2,400,000 so our loan-to-after-repair value was 58.52%. The Borrower had excellent credit. They plan to lease the property upon completion of the heavy rehab and will refinance it into a long-term rental loan as an exit strategy. The interest rate was 11% and we charged 2% origination points. The loan term was set at 12 months. This fix and flip loan was funded in March 2023.

Fix & Flip Loan for Single-Family Residence in Irvington, New Jersey
$243,000
Bayport Funding, a balance sheet lender based in Long Island, funded a $243,000 1st lien position fix and flip loan for a single-family home in Irvington, Essex County, NJ. We funded 100% of the $69,400 renovation budget and 85% of the $205,000 purchase price, while the Borrower contributed 15% cash to the purchase at closing. The after-repair value was estimated at $428,000. The Borrower had good credit. They plan to sell the property as an exit strategy. The interest rate was 11% and we charged 2% origination points. The loan term was set at 12 months. This SFR fix and flip loan was funded in February 2023.

RCN Capital, a national direct private lender, funded a $517,800 1st lien position fix and flip loan for a single-family home in Bergenfield, NJ. We funded 100% of the $118,300 renovation budget and 85% of the $470,000 purchase price, while the Borrower contributed 15% cash to the purchase at closing. The after-repair value was estimated at $750,000 so our loan-to-after-repair value was 69%. This new and experienced Borrower had excellent credit. The subject property is approximately 2,033 square feet. The interest rate was 10.74% and we charged 1% origination points. The loan term was set at 12 months. This SFR fix and flip loan was funded in November 2023.

Fix & Flip Loan for SFR in Manalapan, New Jersey
$630,000
Real Property Investment Partners, a direct private lender, funded a $630,000 senior lien position fix and flip loan for a single-family home in Manalapan, New Jersey. We funded 100% of the $200,000 renovation budget and 86% of the $500,000 purchase price, while the Borrower contributed 14% cash at closing. The after-repair value was estimated at $900,000 so our loan-to-after-repair value was 70%. The Borrower plans to sell the property upon completion of the heavy rehab. The subject property was approximately 3,270 square feet set in a 0.63-acre lot. The loan term was set at 7 months. This SFR fix and flip loan was funded in July 2023.

SFR Fix and Flip Loan in Essex Fells, New Jersey
$757,350
Real Property Investment Partners, a direct private lender, funded a $757,350 1st lien position fix and flip loan for a single-family home in Essex Fells, New Jersey. We funded 100% of the $250,000 renovation budget and 80% of the $591,000 purchase price, while the Borrower contributed 20% cash to the purchase at closing. The after-repair value was estimated at $1,072,500 so our loan-to-after-repair value was 70%. The Borrower had an excellent credit rating. They plan to sell the property upon completion of the heavy rehab. The interest rate was 12% and we charged 2% origination points. This fix and flip loan was funded in June 2023.

RCN Capital, a national direct private lender, funded a $591,000 fix and flip loan in 1st lien position for a single-family residence in Cranford, NJ. The purchase price was $550,000 and the renovation budget was $196,297. We funded 73% of the purchase and 100% of the renovation, while the Borrower contributed 27% cash at closing. The subject property was appraised for $535,000 As-Is, and an after-repair value of $910,000 evidenced a good return on investment for the Borrower of over 19.30%. The Sponsor had excellent credit with a mid score of 773 and bank statements that reflected sufficient assets. The initial advance was 79% loan-to-cost and 73% loan-to-value. The total loan amount was 65% of the after-repair value. The interest rate was 12.74% and we charged a 1% origination point. The loan term was set at 12 months. The Borrower plans to sell the property upon completion of the rehab. This SFR fix and flip loan was funded in January 2023.

This client came to i Fund Cities’ awesome Loan Officer Caitlin Davis through a lender broker. The client had done three renovation projects using only cash for his projects. He started out doing new construction for the project and was paying out of pocket. Although the client wanted to start the next phase, his contractor could not begin the next phase without additional funds. Caitlin took a lot of special one-on-one time with this Borrower and his team to explain i Fund Cities’ straightforward and transparent loan process. The Client’s existing equity in the project made it possible for us to be more creative on the loan structure, allowing us to get the client his funds as quickly as possible, so that he and his contractor could be off and running! Says Caitlin, “I made sure that the client understood exactly how this loan is structured and we closed the deal with ease, even sooner than the client expected!”. This SFR construction completion loan was funded in January 2022.
Key Loan Benefit to Borrower:
These clients were very thankful that they could complete their project through this private construction loan.
Customer Feedback:
“We wanted to say thank you. We are overwhelmed with working with you – how fast everything moved! We really want to thank you. And we are going to have many more such experiences with you. It was really fluent and really fast for new construction, so we are really happy with the service. The best was that everything took around 3 weeks from the day we started!”