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Fix & Flip · New Jersey

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

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

New Jersey is dense multifamily demand and strong fix & flip margins near the NYC metro. 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 Newark, Jersey City, Paterson 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 New Jersey 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 New Jersey projects with Mortava

In a market like New Jersey, 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 Newark, Jersey City, Paterson deals and recycle capital into the next project faster.

Northern New Jersey’s density guarantees multifamily demand, while aging housing stock near NYC keeps flip inventory coming. Both strategies here are underwritten on proximity to Manhattan paychecks.

Top metros we fund
Newark, Jersey City, Paterson
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 New Jersey

The same leverage that funds a New Jersey flip funds the "buy and rehab" half of BRRRR. Renovate in Newark or Jersey City, 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.

New Jersey fix & flip loan FAQ

Can I get a fix and flip loan in New Jersey?
Yes. Mortava funds fix & flip projects across New Jersey, including Newark, Jersey City, Paterson. 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 New Jersey 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 New Jersey.
Do you fund first-time flippers in New Jersey?
Yes — first-time flippers are welcome in New Jersey with a 620+ FICO. Stronger credit and prior projects unlock higher leverage.
Do you fund flips in Newark and Jersey City?
Yes — Newark, Jersey City, Paterson and every other New Jersey market. Leverage and pricing are driven by your experience, FICO, and the deal's numbers, not the zip code.
Can I BRRRR a New Jersey property instead of selling it?
Yes. Many New Jersey investors renovate with a Mortava flip loan in markets like Newark, rent the property, then refinance into a 30-year DSCR loan — the BRRRR playbook. We finance both stages.
Fix & flip loans by state
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All Fix & Flip programs → DSCR loans in New Jersey → Instant quote & pre-qualify →
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