Overview
Backflip combines hard money lending with deal-analysis tools — particularly useful for newer investors wanting integrated underwriting support.
Backflip is based in Denver, CO and was founded in 2020. They operate nationally and offer fix-and-flip, BRRRR, bridge financing. Their loan amount range runs from $50K to $2.5M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, bridge |
| Geographic coverage | National |
| Loan size | $50K – $2.5M |
| Interest rate range | 9.99% – 11.99% |
| Origination points | 1 – 3 |
| Max LTV | 85% of ARV |
| Max LTC | 95% of cost |
| Term lengths | 12 months |
| Typical close time | 5-10 days typical |
Strengths
- tech-forward
- deal analysis tools
- newer investor friendly
Ideal borrower
Newer investor needing deal analysis tools alongside financing
How Backflip compares
As an institutional non-QM lender, Backflip's underwriting is templated and predictable. That is fast for a borrower who fits the box and inflexible for one who does not.
Coverage is the constraint most investors hit first. Backflip serves National, and lender licensing changes often enough that it is worth confirming your state before you get far into a file. Our state-by-state pages for Backflip cover the rules that differ by state — prepayment penalties, entity vesting and foreclosure mechanics.
Other lenders investors compare against
- The full lender directory — every lender we track, with terms side by side
- How DSCR qualification works — the ratio every one of these lenders underwrites to
- DSCR calculator — check coverage before you apply anywhere
Backflip FAQ
Backflip is based in Denver, CO and serves National. Coverage changes as licensing changes, so confirm your state directly with the lender before relying on it.
Backflip's indicative rate range is 9.99%–11.99% with 1–3 points. Pricing depends on credit, leverage, coverage ratio and experience, and moves with the market.
Backflip's typical minimum loan is $50K, with maximum loan size up to $2.5M.
Backflip's typical close timeline is 5-10 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Backflip offers fix-and-flip, BRRRR, bridge financing.
Newer investor needing deal analysis tools alongside financing
This review is an independent directory listing. DSCR Loan Program is not affiliated with Backflip, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.