Dunmor Fix-and-Flip loans fund residential investment properties up to 90% LTP and 90% LTC at 75% max ARV nationwide, with no experience required, same-day draws, and closings in as few as 7 days.
| Fix & Flip Feature | Structure & Terms |
|---|
| Project Types | SFR, condos, 2-4 units, and multifamily residential investment properties nationwide. No owner-occupied homes. No commercial properties. No rural areas. No vacant land. No 100% financing. No gap funding. No 2nd mortgages. |
| Loan Limits & Terms | $100,000 to $5,000,000 (up to $15M on multifamily) | 6 to 24 months | Interest-only, first-lien | No prepayment penalty | Processing fee at closing |
| Rates & Fees | 6.75% to 12.00% interest rate | Origination 1% to 2% | 660 FICO minimum | No prepayment penalty | Appraisal always required (BPO never accepted) |
| Leverage Ratios (LTC/ARV) | Up to 90% LTP | Up to 90% LTC on renovation costs | Max 75% LTARV | Rehab & Hold: same 90%/90%/75% structure | Interest charged on drawn funds only |
| Experience Required | No experience required. First-time investors accepted on all fix-and-flip and rehab programs. Dunmor's technology-forward platform and team of mortgage professionals deliver fast approvals regardless of experience level. |
| Structural Advantages | Same-day draws. No experience required. Proof of funds letters available. Auction purchases accepted. Close in as few as 7 days. No prepayment penalty. No monthly payment option available for eligible programs. Cross-collateralization with equity in other properties accepted. |
Dunmor Ground-Up Construction loans fund residential and multifamily new builds at 85% LTP/LTC and 75% LTCV nationwide, with partially completed projects accepted, same-day draws, and interest charged only on funds drawn.
| Construction Feature | Structure & Terms |
|---|
| Project Types | Residential and multifamily ground-up new construction. SFR, 2-4 units, and multifamily. Partially completed construction projects accepted. No commercial, no owner-occupied, no rural areas, no land development or horizontal construction. |
| Loan Limits & Terms | $100,000 to $5,000,000 (up to $15M on multifamily) | 6 to 24 months | Interest-only, first-lien | No prepayment penalty | Interest on drawn funds only |
| Leverage Ratios (LTC/LTCV) | Up to 85% LTP on land | Up to 85% LTC of construction costs | Max 75% LTCV (loan-to-completed value) | Same structure for both residential and multifamily ground-up |
| Experience Required | Minimum 3 prior completed ground-up construction projects required. Partially completed construction projects will be considered. Appraisal always required before funding (BPO never accepted). Personal guaranty always required. |
| Structural Advantages | Interest on drawn funds only - protecting cash flow throughout the construction timeline. Same-day draws after inspection approval. No prepayment penalty. Close in as few as 7 days. Dunmor's innovative lending platform built on data science and creative financing supports complex multi-phase builds. |
Dunmor DSCR Rental loans offer 30-year fixed financing for stabilized 1-4 unit and multifamily rental properties at up to 85% LTP, minimum 1.25 DSCR, 680 FICO, and 4-month seasoning - including portfolio financing.
| Rental DSCR Feature | Structure & Terms |
|---|
| Property Types | 1-4 unit residential (SFR, condos, 2-4 units) and multifamily (5+ units). Short-term rentals and vacation rentals considered. Portfolio financing available. Minimum property value: $100,000. No owner-occupied, no commercial, no rural areas. |
| Loan Limits & Terms | $100,000 to $15,000,000 | 30-year fixed | First-lien | Amortized or interest-only options | Portfolio financing available for multiple properties |
| Leverage Ratios (LTV/LTP) | Purchase: Max 85% LTP | Long-term refinance: Max 85% LTV | Seasoning: 4 months required |
| Qualification | Minimum DSCR: 1.25 | Minimum FICO: 680 | Rates from 6.00% | Origination 1% to 2% | 4-month title seasoning required | No income verification - DSCR-only qualification |
| Structural Advantages | Portfolio loans available across multiple properties. STR and vacation rentals considered. BRRRR investors can model projected DSCR in the FlipperForce BRRRR Analyzer before refinancing out of a bridge loan. Dunmor's Fix-to-DSCR path is seamless - same lender from bridge through rental. |
Dunmor Short-Term Bridge loans provide fast-close capital for residential and multifamily purchase and refinance transactions at up to 75% LTV nationwide, with closings in as few as 7 days and no prepayment penalty.
| Bridge Loan Feature | Structure & Terms |
|---|
| Use Cases | Purchase (as-is acquisitions), rate-term refinance, and cash-out refinance on non-owner occupied residential and multifamily investment properties. Mixed-use and multifamily bridge also available. No owner-occupied. No commercial. No rural areas. No 100% financing. No 2nd mortgages. No gap funding. |
| Property Types | SFR, condos, 2-4 units, multifamily (5+ units), mixed-use. Vacant, tenant-occupied (full or partial) accepted. No commercial. No rural areas. |
| Loan Limits & Terms | $100,000 to $5,000,000 (up to $15M multifamily) | 6 to 24 months | Interest-only or interest reserve | No prepayment penalty | No monthly payments required on eligible programs |
| Rates & Fees | 6.75% to 12.00% interest rate | Origination 1% to 2% | 660 FICO minimum | Processing fee at closing | Appraisal always required (BPO never accepted) |
| Leverage Ratios (LTV) | Purchase (short-term, no value-add): Max 75% LTP residential and multifamily | Long-term purchase: Max 85% LTP | Refinance (no cash-out): Max 75% LTV | Cash-out refinance: Max 75% LTV |
| Structural Advantages | Close in as few as 7 days. No prepayment penalty. Proof of funds letters available. Auction purchases accepted. Cross-collateralize with equity in other investment properties or primary residence. No monthly payment required on eligible bridge programs. BRRRR investors can exit into Dunmor's DSCR rental program with the same lender. |
