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Fix & Flip · Iowa

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

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

Iowa is stable, affordable rentals with reliable Des Moines employment. 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 Des Moines, Cedar Rapids, Davenport 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 Iowa 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 Iowa projects with Mortava

In a market like Iowa, 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 Des Moines, Cedar Rapids, Davenport deals and recycle capital into the next project faster.

Des Moines offers what cash-flow investors actually want: stable employment, affordable acquisition, and tenants who stay. Iowa deals tend to be unglamorous and reliably financeable.

Top metros we fund
Des Moines, Cedar Rapids, Davenport
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+

BRRRR in Iowa

The same leverage that funds a Iowa flip funds the "buy and rehab" half of BRRRR. Renovate in Des Moines or Cedar Rapids, rent it, then refinance into a 30-year DSCR loan instead of selling — our BRRRR method guide covers the handoff.

Guidelines reviewed July 2026 by the Mortava lending team.

Iowa fix & flip loan FAQ

Can I get a fix and flip loan in Iowa?
Yes. Mortava funds fix & flip projects across Iowa, including Des Moines, Cedar Rapids, Davenport. 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 Iowa 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 Iowa.
Do you fund first-time flippers in Iowa?
Yes — first-time flippers are welcome in Iowa with a 620+ FICO. Stronger credit and prior projects unlock higher leverage.
Do you fund flips in Des Moines and Cedar Rapids?
Yes — Des Moines, Cedar Rapids, Davenport and every other Iowa market. Leverage and pricing are driven by your experience, FICO, and the deal's numbers, not the zip code.
Can I BRRRR a Iowa property instead of selling it?
Yes. Many Iowa investors renovate with a Mortava flip loan in markets like Des Moines, 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 FloridaFlip in GeorgiaFlip in HawaiiFlip in IdahoFlip in IllinoisFlip in IndianaFlip in KansasFlip in KentuckyFlip in LouisianaFlip in MaineFlip in MarylandFlip in Massachusetts
All Fix & Flip programs → DSCR loans in Iowa → Instant quote & pre-qualify →
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