Thinking about flipping your first property? Fix and flip loans are designed to help real estate investors purchase, renovate, and sell homes quickly, but how do you actually qualify?
At Prime Plus Mortgages, we simplify the process so first-time Arizona investors can get funded fast.
What You Need to Qualify for a Fix and Flip Loan
You don’t need perfect credit or years of experience. You just need a solid deal and a plan.
Here’s what you’ll need to get approved:
| Requirement | What It Means |
|---|---|
| Property Under Contract | You’ll need a purchase agreement or a closing date for the property. |
| Basic Renovation Plan | Include a simple budget and estimated timeline for repairs. |
| Exit Strategy | Plan to resell (flip) or refinance once the renovations are complete. |
| Fair or Better Credit | We work with credit scores starting in the mid-600s, but flexibility varies by deal. |
How Fix and Flip Loans Work
FIND A PROPERTY
Look for homes in Arizona that need cosmetic or structural improvements.
GET FUNDED FAST
Apply online and receive approval—often in 24 hours.
RENOVATE & SELL
Use the loan to complete renovations, list the property, and sell for a return.
Our 3-Step Funding Process
1
Apply Online
Send us the deal details.
2
Get Approved
Most deals get approved in 24–48 hours.
3
Get Funded
Use the loan to close, renovate, and flip.
What Our Arizona Investors Say
Why We’re Ideal for First-Time Flippers
- No Experience Required — We welcome first-time investors
- Fast Turnaround — Skip the banks and close quickly
- Local Expertise — Founded by Arizona investors who know the market
- Real Support — Our team walks you through your first deal
Projects We’ve Funded in Arizona
”"You don’t need experience to flip your first property. You just need a deal, a plan, and the right lender."
— Loren Howard, Founder, Prime Plus Mortgages
Ready to Flip Your First Property?
Prime Plus Mortgages specializes in helping beginners get started.
Let us guide you through your first project with local expertise and fast funding.
Frequently Asked Questions
Do I need perfect credit?
No. We look at the deal itself, not just your score.
Can I get pre-approved without a property?
We can review your investor profile, but funding requires a property under contract.
Will you cover rehab costs?
Yes, our loans typically include funds for renovations.
What’s the loan term?
Most fix and flip loans range from 6 to 12 months.
Will the loan cover renovation costs?
Yes—most fix and flip loans include both purchase and rehab financing.
