The deal is the collateral. Fix and flip financing moves fast, underwriters on the asset — not your income — and closes in days when a conventional lender would take weeks.
Every program is built for a specific borrower. Here’s where this one tends to be the right call.
You do 2–10 deals a year. You need a lender who understands your model, values your track record, and doesn’t re-underwrite your personal finances every single transaction.
You’ve found a solid deal and have the equity — but not the years of flipping history conventional lenders want. Hard money evaluates the deal on its own merits and your exit plan.
You do the work yourself and know how to build margin. Hard money loans on acquisition plus construction budget let you control the full project with minimal capital tied up at the start.
One point of contact, start to finish. Here’s what working with Manor looks like.
Address, purchase price, estimated rehab budget, and ARV (after-repair value). That’s enough to get a term sheet. Your loan officer will tell you if the numbers work before you go under contract.
Lender orders an appraisal that includes an ARV estimate. No income verification — underwriting focuses on LTV, ARV, and exit viability. Draws are typically tied to completed work phases.
Hard money closes fast — often 7–14 days. Funds disbursed at closing for acquisition; construction draws released as work is completed and verified.
Sell and pay off the loan at closing — or refinance into a long-term DSCR loan if you decide to hold. Your loan officer can structure either path from day one.
Address, purchase price, rehab budget, and your ARV estimate is enough to get started. Your loan officer will run the numbers and tell you if it pencils.
Expect a response within one business day. Or reach out directly at dru@manorhomes.co
Every program is built for a different scenario. Browse the others below.