What Is a Bridge Loan with Rehab?

A Bridge Loan with Rehab (also known as a Fix-and-Flip or Renovation Bridge Loan) is a short-term, interest-only loan designed to cover both the purchase of a property and the cost of its rehabilitation.

These loans are specifically for investors and focus on the project's after-repair value (ARV) rather than the borrower's personal income.

Program Highlights:

Property Type: 1-4 unit residential properties · Occupancy: Investor only · Lending Area: Nationwide · Minimum Loan Amount: $150,000+ · Loan-to-Cost (LTC): Up to 90% · Experience: Not required, but more experience unlocks higher leverage and better terms · Income Documentation: Not required

These loans provide fast funding so you can act quickly on opportunities and complete rehabs without tying up your own capital for long periods.

Key Benefits of Bridge Loans with Rehab

In high-demand tourist markets like San Diego, this approach can dramatically improve approval odds and loan sizing.

Potential Drawbacks

For buyers planning shorter stays, we often recommend exploring our adjustable-rate mortgage options instead.

Who Should Consider a 15-Year Fixed Mortgage?

This program is ideal for:

How a Bridge Loan with Rehab Works

We coordinate with inspectors and lenders to make the draw process smooth and efficient.

Why Choose Convoy Home Loans for Your Bridge Rehab Loan?

Loan Type

Interest Rate

LTC/LTV

income docs required

Best For

Bridge Loan + Rehab

6-18 months

Up to 90% LTC

None

Fix & Flip / Renovations

Investor X (DSCR)

30 years

75-80% LTV

None

Long-term rentals

Short Term Rental

30 years

75-85% LTV

Minimal

Airbnb / Vacation Rentals

Conventional Investment

30 years

75% LTV

Yes

Lower rate, stable holdings

Why Choose Convoy Home Loans for Your Bridge Rehab Loan?

As a nationally licensed mortgage broker (NMLS #2130517) with offices in San Diego and El Segundo, we have strong relationships with top bridge and private lenders across the country. Our mission is to provide financing options that enhance your standard of living while treating you like family.

We understand real estate investing and deliver fast, reliable funding so you can seize opportunities before they disappear.

Ready to fund your next fix-and-flip or renovation project? Get pre-approved for a Bridge Loan with Rehab today - no obligation.

Frequently Asked Questions

1-4 unit residential investment properties only.

No - these loans do not require personal income verification or tax returns.

Up to 90% LTC (loan-to-cost) for qualified projects and experienced borrowers.

Experience is not required, but it helps secure higher leverage and better terms.

Yes - we can finance bridge/rehab projects in all 50 states.

$150,000 and above.

Yes - many investors complete the rehab and then refinance into a DSCR or permanent loan.

Real Estate Investor Lending · NMLS #2130517 · Licensed Mortgage Broker
AZ · CA · CO · FL · GA · ID · MD · MI · MN · NC · NM · OH · OR · PA · TN · TX · VA · WA and more
This is not a commitment to lend. All loans subject to credit approval. Equal Housing Lender.

30 Year Fixed Rate Mortgage | Stable Payments & Competitive Rates | Convoy Home Loans

What Is a 30-Year Fixed-Rate Mortgage?

A 30-year fixed-rate mortgage is the most popular home loan in America. It features a constant interest rate and unchanging monthly principal-and-interest payments over the full 30-year (360-month) term.

Your rate is set at closing and never changes - even if market rates rise or fall. This predictability makes budgeting straightforward for decades.

"The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper."

Key Benefits of a 30-Year Fixed-Rate Mortgage

Lower Monthly Payments
Spreading repayment over 30 years keeps payments more affordable than 15- or 20-year options, freeing up cash for other goals.
Payment Stability
Protection against rising interest rates. Perfect during economic uncertainty.
Long-Term Planning
Ideal if you plan to stay 7+ years. Build equity steadily while enjoying lifestyle flexibility.
Easier Qualification
Lower payments often mean more flexible debt-to-income ratios.
Refinance Flexibility
If rates drop, you can refinance to a lower rate without changing the loan structure.
Tax Advantages
More interest paid in early years can provide larger deductions (consult your tax advisor).

At Convoy Home Loans, we shop multiple lenders to find you the best fixed rate available for your situation.

Potential Drawbacks

Higher Total Interest
You'll pay more interest over the life of the loan compared to shorter terms.
Slower Equity Build
Early payments go mostly toward interest.
Higher Rates Than ARMs Initially
Short-term adjustable-rate mortgages may start lower (but carry risk).

For buyers planning shorter stays, we often recommend exploring our adjustable-rate mortgage options instead.

Who Should Consider a 30-Year Fixed Mortgage?

This loan suits:

Families planning to stay in their home long-term
First-time buyers wanting affordability
Buyers in high-cost areas seeking maximum purchasing power
Those prioritizing budget certainty over speed of payoff
Retirees or those on fixed incomes

How a 30-Year Fixed Mortgage Works

01
Pre-Approval
We review your finances and give you a clear buying power number.
02
Rate Lock
Lock your rate when you find the right home.
03
Closing
Sign documents; your rate and payment are set for 30 years.
04
Ongoing
Make the same payment monthly. Extra payments toward principal can shorten the term without penalty (most loans).

We guide you through every step with transparent communication.

30-Year Fixed vs. Other Options

Loan Type Monthly Payment Interest Rate Stability Best For Total Interest
30-Year Fixed Lower Fixed entire term Long-term homeowners Higher
15-Year Fixed Higher Fixed entire term Faster payoff Lower
Adjustable-Rate (ARM) Varies Changes after intro Short-term stays Varies

Why Choose Convoy Home Loans for Your 30-Year Fixed Mortgage?

As a nationally licensed mortgage broker (NMLS #2130517), we offer access to a wide range of programs with competitive rates. Our mission is simple: provide financing options that enhance your standard of living while treating you like family.

Clients love our fast closings, personalized advice, and ability to beat big-bank offers.

Ready to get started? Speak with a loan officer today - no obligation.

Frequently Asked Questions

Can I pay off my 30-year mortgage early?
Yes. Most loans allow extra principal payments with no prepayment penalty.
What credit score do I need?
Typically 620+, but stronger credit gets better rates. We work with a range of credit profiles.
How much down payment is required?
As low as 3-5% on conventional loans, or even lower with government programs.
Will my payment ever change?
Principal and interest stay fixed. Taxes and insurance may adjust annually.
Is this available nationwide?
Yes - we're licensed in AZ, CA, CO, FL, GA, ID, MD, MI, MN, NC, NM, OH, OR, PA, TN, TX, VA, WA and more.

Convoy Home Loans · NMLS #2130517 · Licensed Mortgage Broker
AZ · CA · CO · FL · GA · ID · MD · MI · MN · NC · NM · OH · OR · PA · TN · TX · VA · WA and more
This is not a commitment to lend. All loans subject to credit approval. Equal Housing Lender.