CoreVest fix-and-flip loans cover single residential investment properties from $75K to $2M+, funding up to 90% of total project cost. Loan terms of 6 to 24 months via extensions. SFR, condo, townhome, and multifamily eligible. Institutional speed and reliability backed by $25B+ in total originations.
| Fix & Flip Feature | Structure & Terms |
|---|
| Max Leverage | Up to 90% of total cost |
| Loan Amount Range | $75,000 to $2,000,000+ |
| Loan Term | 6 to 24 months (via extensions) |
| Property Types | SFR, condo, townhome, multifamily |
| Lien Position | 1st lien |
| Geographic Coverage | 46 states | 172,000+ units financed nationwide |
CoreVest new construction loans finance ground-up residential investment projects. Terms and leverage vary by project and market. Available alongside CoreVest's broader bridge and rental product suite.
| Construction Feature | Structure & Terms |
|---|
| Loan Type | Ground-up new construction for residential investment properties |
| Property Types | SFR, condo, townhome, multifamily |
| Geographic Coverage | 46 states nationwide |
| Institutional Backing | Subsidiary of Redwood Trust (NYSE: RWT) — $25B+ in total originations providing certainty of capital |
CoreVest DSCR rental loans include a 30-year fixed-rate product at 1.0x minimum DSCR (up to 80% LTV, $75K–$2M+) and rental portfolio loans for 5+ properties ($500K–$50M+) on 3, 5, 7, or 10 year terms. Short-term rental portfolios also eligible.
| DSCR / Rental Program | Structure & Terms |
|---|
| 30-Year DSCR (Single Asset) | Fixed rate | Up to 80% LTV | Min 1.0x DSCR | $75K–$2M+ | SFR 1-4 unit, condo, townhome |
| Rental Portfolio (5+ Properties) | Fixed rate | Up to 75% LTV (70% on 3-year term) | $500K–$50M+ | 3, 5, 7, or 10 year terms | SFR, condo, townhome, multifamily |
| Short-Term Rental Portfolio | Fixed rate | Up to 75% LTV | $500K–$50M+ | 3, 5, 7, or 10 year terms | Requires 5+ STRs with 12+ months operating history |
| Property Types | SFR (1-4 unit), condo, townhome, multifamily | Non-owner occupied investment properties only |
CoreVest bridge products include single-property fix-and-flip loans, a revolving credit line ($1M–$50M+) for multi-property acquisition and repositioning, and a 2-year no-ratio bridge for stabilized rentals. Up to 90–100% of cost depending on program.
| Bridge Program | Structure & Terms |
|---|
| Fix & Flip (Single Asset) | Up to 90% of cost | $75K–$2M+ | 6–24 month term | SFR, condo, townhome, multifamily |
| Credit Line (Multi-Property) | Up to 85% of cost | $1M–$50M+ | 18–24 month term | revolving line for acquisition, reposition, stabilization |
| 2-Year No-Ratio Bridge | Up to 100% of cost / 70% of value | $75K–$2M+ | 24 months interest only | no prepayment penalty | not DSCR-based | SFR 1-4 unit, condo, townhome |
| Property Types | SFR (1-4 unit), condo, townhome, multifamily | Non-owner occupied investment properties only |
