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Fix & Flip · Delaware

Fix & flip loans in Delaware — fund the deal, keep your cash.

Mortava fix & flip loans in Delaware: 620+ FICO, up to 95% LTC + 100% of rehab, 12–18 month terms — statewide.

Delaware is business-friendly LLC vesting and steady mid-Atlantic rental demand. Mortava funds flips statewide — up to 95% LTC plus 100% of rehab, draws within 24 hours, and 2-hour term sheets — so you can move fast on deals in Wilmington, Dover, Newark and beyond.

Up to 95% LTC + 100% of the rehab funded
Rehab draws reimbursed within 24 hours
First-time flippers welcome (620+) · close in 7–10 days
Send your Delaware project
2-hour term sheet · no hard credit pull.
Business-purpose financing for investors. Indicative terms only — not a commitment to lend.

Why flippers finance Delaware projects with Mortava

In a market like Delaware, speed and leverage decide your margin. Mortava funds up to 95% of cost plus the full rehab, reimburses draws within 24 hours, and sends indicative term sheets in about two hours — so you can compete on Wilmington, Dover, Newark deals and recycle capital into the next project faster.

Delaware’s entity laws make it the default home for investment LLCs, and business-purpose loans close directly in that LLC vesting. Wilmington and Dover add steady mid-Atlantic rental demand to the legal convenience.

Top metros we fund
Wilmington, Dover, Newark
Max leverage
Up to 95% LTC + 100% of rehab
Speed
Draws in 24h · close in 7–10 days · 2-hr term sheets
Terms
12–18 months · up to $5M · FICO 620+
Guidelines reviewed July 2026 by the Mortava lending team.

Delaware fix & flip loan FAQ

Can I get a fix and flip loan in Delaware?
Yes. Mortava funds fix & flip projects across Delaware, including Wilmington, Dover, Newark. We lend up to 95% of loan-to-cost plus 100% of the rehab budget, so you keep cash in the deal.
How much can I borrow on a Delaware flip?
Up to 95% of the purchase price (LTC) plus 100% of your rehab budget, capped at roughly 75% of the after-repair value (ARV). Loan amounts up to $5M in Delaware.
Do you fund first-time flippers in Delaware?
Yes — first-time flippers are welcome in Delaware with a 620+ FICO. Stronger credit and prior projects unlock higher leverage.
Do you fund flips in Wilmington and Dover?
Yes — Wilmington, Dover, Newark and every other Delaware market. Leverage and pricing are driven by your experience, FICO, and the deal's numbers, not the zip code.
Can I BRRRR a Delaware property instead of selling it?
Yes. Many Delaware investors renovate with a Mortava flip loan in markets like Wilmington, rent the property, then refinance into a 30-year DSCR loan — the BRRRR playbook. We finance both stages.
Fix & flip loans by state
Flip in AlaskaFlip in ArizonaFlip in ArkansasFlip in CaliforniaFlip in ColoradoFlip in ConnecticutFlip in FloridaFlip in GeorgiaFlip in HawaiiFlip in IdahoFlip in IllinoisFlip in Indiana
All Fix & Flip programs → DSCR loans in Delaware → Instant quote & pre-qualify →
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