Hard Money
Fix and Flip Mortgages in Indianapolis, IN
Indianapolis homebuyers trust Custom Mortgage for their Fix and Flip Mortgages needs. With deep knowledge of the local market, from Fountain Square to Mass Ave, we provide tailored solutions with rates as low as 9.875%.
Key Facts About Fix and Flip Mortgages
CMRE hard money loans fund in as fast as 7 business days.
Hard money loans from CMRE require 20-35% down payment.
CMRE hard money programs accept properties that conventional lenders decline.
Hard money rates at CMRE range from 9.99% to 13.99% depending on LTV and experience.
CMRE hard money loans cover fix-and-flip, bridge, and ground-up construction.
CMRE Fix and Flip Mortgages funds in as few as 7 business days.
CMRE Fix and Flip Mortgages is asset-based — property value drives qualification.
CMRE Fix and Flip Mortgages LTV ranges from 65% to 90% ARV.
Program Benefits
Fast funding for quick project turnaround.
Competitive rates starting at 9.875% for qualified borrowers.
Financing available for up to 70% Loan-to-Value (LTV).
Streamlined application process for experienced investors.
Expert guidance throughout the entire loan process.
Opportunity to increase property value and generate substantial profits.
Program Highlights
Max LTV
70%
Min Credit Score
600
Max DTI
50%
Loan Amount Range
$50,000 - $2,000,000
Amortization Options
Eligible Properties
- Single Family
- Townhouse
- Condo
Program Requirements
Income Documentation
- •Demonstrated experience in real estate investment and property renovation.
- •Sufficient income to cover loan payments and project expenses.
- •Provide documentation of income sources, such as tax returns and bank statements.
Asset Verification
- •Proof of funds for down payment, closing costs, and renovation budget.
- •Liquid assets available to cover unexpected project costs.
- •Detailed budget outlining renovation expenses and projected resale value.
Insurance & Title
- •Hazard insurance to protect the property during renovation.
- •Liability insurance to cover potential accidents on the property.
- •Builder's risk insurance to cover damages during construction.
Property Requirements
- •Minimum FICO score of 600.
- •Review of credit history to assess risk.
- •Explanation of any past credit issues and demonstration of responsible credit management.
Fix and Flip Mortgages in Indianapolis: The Complete Guide
What Is Fix and Flip Mortgages?
Fix and flip loans are short-term financing options designed for real estate investors who purchase properties with the intention of renovating and reselling them for a profit. These loans typically have higher interest rates and fees compared to traditional mortgages, but they offer the flexibility and speed necessary for time-sensitive investment opportunities.
Who Uses Fix and Flip Mortgages?
- •Fix-and-flip investors needing fast acquisition and rehab capital.
- •Bridge borrowers financing between a sale and a purchase.
- •Auction buyers needing proof of funds and rapid closing.
- •Property owners facing foreclosure who need emergency refinancing.
- •Investors purchasing non-conforming properties traditional lenders won't finance.
Fix and Flip Mortgages Terms and Structure
- •LTV: 65%-80% as-is value or 70%-90% ARV for fix-and-flip.
- •Terms: 6 months to 3 years — designed as short-term bridge.
- •Interest rates: 9%-14% depending on LTV, condition, borrower experience.
- •Interest-only payments standard. Exit strategy required.
- •CMRE funds in as few as 7 business days.
Get Fix and Flip Mortgages from CMRE
- •Step 1: Submit property details — address, price, value estimate, scope of work.
- •Step 2: CMRE issues term sheet within 24-48 hours.
- •Step 3: Appraisal or BPO — fast-track available.
- •Step 4: Underwriting on property value and exit strategy.
- •Step 5: Funding in as few as 7 business days.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Fix and Flip Mortgages in Indianapolis, IN
Indianapolis mortgage lending. Affordable home financing for Central Indiana. Custom Mortgage & Real Estate specializes in providing high-fidelity Fix and Flip Mortgages solutions tailored to the unique economic landscape of Indianapolis and the surrounding Marion County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireIndianapolis metropolitan area.
Service Areas & Neighborhoods
Our Indianapolis Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About Fix and Flip Mortgages in Indianapolis
What are current Fix and Flip Mortgages rates in Indianapolis, IN?
Fix and Flip Mortgages rates in Indianapolis depend on loan amount, credit profile, and property type. CMRE publishes updated Indianapolis rate ranges daily and provides locked quotes within 24 hours of application.
How long does Fix and Flip Mortgages closing take in Indianapolis?
CMRE typically closes Fix and Flip Mortgages loans in Indianapolis within 21-30 days from application. Pre-approval takes 24 hours, and our IN-licensed team coordinates title, escrow, and appraisal concurrently to save time.
How fast can CMRE fund Fix and Flip Mortgages in Indianapolis?
CMRE funds hard money and bridge loans in Indianapolis in as fast as 7 business days. Experienced investors in Marion County with strong equity positions may qualify for expedited underwriting.
What LTV does Fix and Flip Mortgages allow in Indianapolis?
Fix and Flip Mortgages from CMRE in Indianapolis typically requires 65-80% LTV depending on property type and borrower experience. Fix-and-flip investors in Marion County may access higher leverage with track record documentation.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Fix and flip loans typically have terms ranging from 6 to 24 months, depending on the scope of the renovation project.
In addition to the interest rate (starting at 9.875%), fix and flip loans may include origination fees, appraisal fees, title insurance, and other closing costs. Some lenders may also charge prepayment penalties.
CMRE understands the importance of speed in the fix and flip market. We strive to provide fast funding, often within a matter of days after approval, to help you seize opportunities quickly.
As few as 7 business days from application. Same-day term sheets available.
65%-80% of current value. Fix-and-flip: up to 90% ARV.
Primarily asset-based — property value matters most. Credit is a factor but not the primary driver.
Typically 9%-14% depending on LTV, condition, and experience. 1-3 origination points.
Hard money is primarily for investment. Some owner-occupied programs exist with compliance requirements.
Fix and Flip Mortgages by Location
Get local rates, loan limits, and market data for Fix and Flip Mortgages in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
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Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
