Purchase + Rehab. One Loan.
A fix and flip loan in Corpus Christi funds purchase and renovation in one short-term, asset-based loan — hard money, underwritten on the deal and the after-repair value rather than your income. The Corpus Christi specifics: Post-storm rehab and coastal cosmetic flips. Leverage, rehab caps and experience rules vary more between lenders than any other criterion, which is why LendingStreet places the file across thirty capital sources instead of one.
Check My Corpus Christi Purchase & Rehab Options →The stock is 1970s–2000s single-family on the Southside, coastal stock on Padre Island and in Port Aransas, and an older core near downtown. Post-storm rehab and coastal cosmetic flips. Roof, impact openings and elevation drive both scope and exit insurability.
Texas is non-judicial. Windstorm insurance along the coast is the decisive line — Nueces County sits in the Texas Windstorm Insurance Association zone and premiums move the ratio. Post-Harvey roof age drives insurability. Property taxes are high.
Insurability at resale is the exit risk in Corpus Christi. A buyer's lender will require coverage; if the roof, windows or elevation make the property hard to insure, the ARV you underwrote may not be the price you clear. Price the insurance-driven improvements into the scope.
Standard ranges across our capital sources: $150,000 to $5M+, up to 95% of total project cost, up to 100% of the rehab budget in draws, 6 to 18 months interest-only, 5 to 10 business days to close with 5-day expedited for experienced investors. Full detail and the current rate floor are on the fix and flip loan page. First-time flippers generally see lower leverage.
The Corpus Christi metro — Corpus Christi plus Portland, Robstown, Rockport, Port Aransas and Aransas Pass — and the rest of Texas via the Texas fix and flip page. The active rehab corridors in Corpus Christi include Southside, Flour Bluff, Padre Island, Calallen, Bay Area.
Size the loan and the cash to close in the ARV calculator, add the carry in the carrying costs calculator, and build the budget in the rehab cost estimator.
Also see: Austin, TX →Houston, TX →
The gap between the loan and total project cost, plus points, third-party costs and the rehab you carry between draws. The ARV calculator returns it for your numbers.
Yes, through sources that write them — lower leverage, licensed GC attached.
Only if the scope addresses what carriers price — roof age, openings, elevation. Confirm before you close on the purchase; it is the exit.
5 to 10 business days on a complete file; 5-day expedited for experienced investors. A BPO in lieu of appraisal is available on bridge structures.
Yes — fix-to-rent. Separate underwrite on rent and appraised value. Run it before you buy.
No credit pull. No commitment. Speak with a licensed financing firm with direct access to 30+ capital sources.
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By clicking, you provide express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone, or email, possibly using automated technology, regarding your loan inquiry. Reply STOP to opt out. Consent is not required to obtain services. See our Privacy Policy and Terms.