Fix & Flip FeatureStructure & TermsProject TypesSingle-family, 2-4 units, multifamily, mixed-use, commercial value-addLoan Limits & Terms$30,000 to $2,000,000 | 6 to 18 months | Interest-only, first-lien | $1,500 document feeRates & Fees10.99% to 13.99% interest rate | 2% to 3% origination | No prepayment penaltyLeverage Ratios (LTC/ARV)Up to 90% of Purchase Price | 100% of Renovation Costs | Max 70% LTARVStructural AdvantagesNo appraisal required. Draw requests processed in as little as 3 days. No minimum experience required (0 prior flips accepted).
| Construction Feature | Structure & Terms |
|---|---|
| Project Types | Single-family spec homes, multifamily up to 18 units, commercial ground-up, land development |
| Loan Limits & Terms | $30,000 to $2,000,000 | 6 to 18 months | Interest-only, first-lien |
| Rates & Fees | 10.99% to 13.99% interest rate | 2% to 3% origination | $1,500 document fee |
| Leverage Ratios (LTC) | Up to 65% of Land Acquisition | 100% of Construction Costs | Max 70% LTCV |
| Structural Advantages | Milestone-based draw schedule. Interest charged on full project costs. Minimum 3 prior ground-up projects required. Will not lend on partially completed builds. |
| Rental DSCR Feature | Structure & Terms |
|---|---|
| Property Types | Single-family (1-4 units), multifamily up to 18 units, short-term rentals, vacation rentals, portfolio of properties |
| Loan Limits & Products | $75,000 to $2,000,000 | 30-Year or ARM up to 480 months | Single-asset or portfolio |
| Leverage Ratios (LTV) | Up to 75% LTV for purchases and rate-term refinances |
| Qualification | Minimum 1.00 DSCR | Minimum 660 FICO | 1% to 3% origination | Minimum $2,500 origination fee floor |
| Structural Advantages | Portfolio loans available - combine multiple Missouri rentals on a single loan structure. Will consider short-term and vacation rentals. |
Bridge Loan FeatureStructure & TermsUse CasesAs-is purchases, rate-term refinances, cash-out refinances, tenant-occupied transitional holds, gap funding, equity cash-out, and BRRRR fix-to-rent acquisitions with a DSCR long-term refi exitProperty TypesSingle-family, 2-4 units, multifamily, commercial, mixed-use, land (entitled), storage, industrial, office, retail, mobile home parksLoan Limits & Terms$30,000 to $2,000,000 | 6 to 18 months with extension options | Interest-only, first-lien | $1,500 document fee | No prepayment penaltyRates & Fees10.99% to 13.99% interest rate | 2% to 3% originationLeverage Ratios (LTV)Purchase (no value-add): Up to 70% LTP | Rate-term refi: Up to 65% LTV | Cash-out refi: Up to 65% LTV | BRRRR: Up to 90% LTP + 100% rehab, max 75% LTARVStructural AdvantagesCloses in as little as 3 days. No appraisal required. Low credit scores accepted (400+ minimum). Proof of funds letters available. Foreign nationals considered.
| Qualification Parameter | Lender Requirements |
|---|---|
| Experience Levels | No minimum experience required for Fix and Flip or Bridge loans. Ground-up construction requires minimum 3 prior completed builds. |
| Credit Requirement | 400 Minimum FICO on bridge and fix-and-flip loans. 660 Minimum FICO for DSCR long-term rental loans. Credit is checked but score is not the primary qualifying factor. |
| Income Verification | No W-2s or Tax Returns Required on short-term loans. Qualifying is asset-based - no personal DTI analysis. |
| Entity Requirement | LLC or Corporation Required. Loans closed under a business entity only. Owner-occupied properties and individuals are not considered. |
| Stage / Requirement | Process & Timelines |
|---|---|
| Initial Review | Submit deal details via the online application. Minnow reviews and responds quickly - direct communication with the lending team throughout. |
| Property Valuation | No appraisal required on Fix and Flip and Bridge loans. In-house valuation based on deal parameters and local market knowledge. BPO accepted on a case-by-case basis for commercial. |
| Speed to Close | Capable of funding in as little as 3 days on bridge loans; typical close is 5 to 7 business days for fix-and-flip projects. |
| Document Checklist | Loan application, credit authorization, property details, purchase contract (if applicable), entity documents (LLC/Corp). No tax returns or W-2s required. |
| Operational Step | Methodology & Timelines |
|---|---|
| Draw System | Reimbursement-based. Investor funds the completed phase of the rehab budget, then submits a draw request for reimbursement. |
| Inspection Method | Direct and fast. Draw requests submitted via the online draw request form. Minnow coordinates inspection and review with their local team. |
| Funding Turnaround | Draw requests processed in as little as 3 days from inspection approval - keeping contractor pay schedules aligned with your FlipperForce project timeline. |
| Draw Fees | Standard $1,500 document fee collected at closing covers the loan structure. Confirm per-draw inspection fees directly at application. |
