How is a fix and flip loan sized?

A residential fix and flip (hard money) loan is sized by the smaller of two tests: (1) cost basis, typically 80 to 90% of the purchase price plus 100% of the rehab budget, and (2) the ARV cap, usually 65 to 75% of the after repair value. The smaller result is your maximum loan. Experienced flippers with a track record reach the higher 90% LTC / 75% ARV tier; first timers are held tighter. Rehab funds are released in draws as work is completed, not at closing.

How is a CRE asset based bridge loan different?

A commercial asset based bridge loan is sized purely on the property's as is value via an LTV cap, not on income or cost basis. The deepest no documentation programs cap around 50% LTV, where the borrower's substantial equity carries the file without full income paperwork; light transitional bridge with some stabilization reaches roughly 65 to 70%. It is a separate product from residential fix and flip and is sized separately, never blend the two, because their constraints and leverage are different.

Who is the no doc commercial bridge loan for?

It is built for the well capitalized, equity rich sponsor who values speed, discretion, and certainty of close over the lowest possible rate, for example a time sensitive acquisition, a complex or self employed income picture, or a 1031 deadline. Because leverage is conservative (around 50% LTV) the deep equity carries the file with minimal income documentation. It is not a high leverage product; the borrower contributes significant equity, which is exactly what makes the fast, low friction execution possible. Talk to PeerSense. The capital source sets the terms.

Bridge & Fix and Flip Loan Sizer | Free Tool

Purchase Price

Rehab Budget

After Repair Value (ARV)

Program Producing Largest Loan

Fix & Flip, Experienced (Premier): $460K (Cost (LTC) binds at 9.49%)

Program	Rate	LTC / ARV	Max Loan	Binding
Fix & Flip, Experienced (Premier)	9.49%	90% / 75%	$460K	Cost (LTC)
Fix & Flip, Standard	9.99%	85% / 70%	$440K	Cost (LTC)
Ground Up Construction (1 to 4 Unit)	10.99%	80% / 70%	$420K	Cost (LTC)

Indicative 2026, not a quote. Flip loans size on the smaller of cost basis (purchase LTC + 100% rehab in draws) and the ARV cap. Experienced sponsors reach the 90% LTC / 75% ARV tier; first timers held tighter. These are residential hard money, a separate product from CRE bridge.

About these figures

Rate, spread, leverage and term levels shown here are indicative. They reflect general conditions among direct capital sources as of October 1, 2026 and describe what the market has recently supported, not an outcome available to any specific borrower.

Actual pricing, leverage and terms are determined by the lender through underwriting, once full transaction materials have been reviewed. Nothing shown here is a quote, a commitment, an offer of credit or a guarantee.

PeerSense is a capital advisory firm. We source capital through a curated network of commercial lenders and capital sources. Every credit decision belongs to the lender.

Market conditions move. Figures may change without notice, and a level that cleared last quarter may not clear today. What these terms mean.

Your Sizing Result Is Ready

Want a real fix-and-flip quote on this deal?

We structure and place fix-and-flip and ground-up deals with the lenders in our network, matched to the sponsor's profile and timeline.

Save your results

You can get the numbers from this estimate by email.

Fix & Flip / Hard Money: The desk will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

What best describes your company

Liquid funds available outside this deal

Where is the property or business

By checking this box and submitting my information, I electronically sign and agree that PeerSense, Inc. and its affiliates, funding partners, and franchise partners may contact me at the email address and phone number I provided, including by phone call, SMS/text message (including autodialed, prerecorded, or artificial voice messages), and email, for marketing, franchise research, and funding related purposes, even if that number is on any Do Not Call list. Message and data rates may apply. Consent is not a condition of purchase. I may opt out at any time by replying STOP to texts or emailing info@peersense.com. I have read and agree to the Privacy Policy and Terms of Service.

Referral fee realized at closing · Or call (317) 452 6990

Two Products, Sized Separately, Why It Matters

Residential fix and flip and commercial asset based bridge are different products with different math, and blending them produces the wrong number. Flip loans size on cost basis (purchase + rehab) capped by ARV; CRE bridge sizes on as is value via LTV. A flip can reach 90% loan to cost because the lender underwrites the exit value; a no doc commercial bridge holds near 50% LTV because the equity alone carries a file with no income docs.

The no doc, equity led commercial lane sizes on the asset and the sponsor's substantial equity, with minimal income paperwork, built for the well capitalized borrower who needs speed, discretion, and certainty of close on a time sensitive deal. Talk to PeerSense. The capital source sets the terms. See Bridge Loans, Asset Based Investor Financing, and the DSCR Debt Sizer for the stabilized take out.

Equity rich sponsor with a time sensitive deal?

Talk to PeerSense. The capital source sets the terms. Positioning and structuring is what we do; the capital comes from our network.

Explore Bridge Financing