A fix and flip loan assists shorter term real estate investors in leveraging a purchase of a property. These investors purchase property with the intention of renovating and reselling it for a quick profit. The sale of the property is usually completed within a year of the loan date.

Typical Documents for a Fix and Flip Loan:
Loan Application
Borrower Authorization
Bank Statements
Picture ID
Loan Submission Form
Home Owners Insurance
Mortgage Statement for Payoff Information
Purchase Agreement (Contract)
Construction Budget & Plans

If Corporation:
Articles of Incorporation
Bylaws
Statement of Information
Form W9

If LLC:
Articles of Organization
Statement of Information
Form W9