FIX & FLIP LOANS · Delaware (DE) Underwriting Matrix

Delaware Fix and Flip Loans (Up to 90% Purchase LTC + 100% Rehab Financing) — 2026 Rates, LTV Caps & State Rules

Delaware Fix & Flip Loans provide business-purpose real estate investors with Up to 90% Purchase + 100% Rehab (75% ARV Cap) across loan amounts from $100,000 – $15,000,000+ at 9.25% – 11.25% Interest-Only (12 – 18 Months Interest-Only (No Prepayment Penalty), 620 – 660+ FICO min FICO, 7 – 10 Business Days close). In Delaware (DE), lenders underwrite to a Judicial (Scire Facias Sur Mortgage) statutory framework (170–230 days-day average timeline), a 0.57% average property tax rate (~$173/mo at the $365,000 state median), and $460/$100K hazard insurance (~$140/mo).

Max Leverage / LTC

Up to 90% Purchase + 100% Rehab (75% ARV Cap)

Min FICO: 620 – 660+ FICO

2026 Rate Band

9.25% – 11.25% Interest-Only

12 – 18 Months Interest-Only (No Prepayment Penalty)

DE Security Instrument

Judicial (Scire Facias Sur Mortgage)

170–230 days days avg timeline

DE Avg Tax & Ins

0.57% Tax

$460/$100K Hazard Ins

How Fix & Flip Loans Work in Delaware (DE)

Fix and flip loans finance both the distressed property purchase (up to 85%–90% of purchase price) and 100% of the renovation budget via milestone draw reimbursements, capped at 70%–75% of After-Repair Value (ARV). Interest is charged only on disbursed funds on select wholesale shelves, with zero prepayment penalty upon resale or DSCR refinance.

1. Delaware Median Benchmark

Median 1–4 unit price of $365,000 (75% LTV = $273,750) with Form 1007 rent of $2,650/mo and multifamily rent of $1,540/door.

2. Escrow & Title Underwriting

Delaware operates under a Judicial (Scire Facias Sur Mortgage) regime (170–230 days days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.

3. Fast-Track Closing (7 – 10 Business Days)

Close in your Delaware LLC or Delaware LLC registered in DE with zero personal tax returns, W-2s, or 4506-C transcripts.

Explore Other Programs in Delaware

Delaware DSCR Loans (Up to 80% LTV Purchase / 75% Cash-Out)Delaware Hard Money Loans (Up to 85%–90% LTC / 75% ARV)Delaware Private Money Loans (Up to 80% LTV / 85% LTC)Delaware Bridge Loans (Up to 80% LTV Acquisition / 75% Bridge Cash-Out)Delaware Ground-Up Construction (Up to 85% LTC / 70%–75% Completed ARV)Delaware Multifamily (5+ Units) (Up to 75%–80% LTV Purchase / 70%–75% Cash-Out)Delaware Commercial Property (Up to 75% LTV)Delaware Rehab & BRRRR Loans (Up to 85%–90% LTC + 100% Rehab Escrowed)Delaware Cash-Out Refinance (Up to 75% LTV Cash-Out (Select 80% LTV Tiers))