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Fix & Flip · New Mexico

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

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

New Mexico is affordable Albuquerque cash flow plus Santa Fe short-term-rental appeal. 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 Albuquerque, Las Cruces, Santa Fe 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 Mexico 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 Mexico projects with Mortava

In a market like New Mexico, 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 Albuquerque, Las Cruces, Santa Fe deals and recycle capital into the next project faster.

Albuquerque carries the cash-flow side with affordable entry and steady rents, while Santa Fe’s visitor economy supports short-term-rental income. New Mexico lets one portfolio run both plays.

Top metros we fund
Albuquerque, Las Cruces, Santa Fe
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+

Flip-to-STR in New Mexico

Not every New Mexico flip has to sell. In short-term-rental markets like Albuquerque, some investors renovate and then refinance into an STR / Airbnb DSCR loan on projected rental income — keeping the asset instead of paying to exit.

BRRRR in New Mexico

The same leverage that funds a New Mexico flip funds the "buy and rehab" half of BRRRR. Renovate in Albuquerque or Las Cruces, 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 Mexico fix & flip loan FAQ

Can I get a fix and flip loan in New Mexico?
Yes. Mortava funds fix & flip projects across New Mexico, including Albuquerque, Las Cruces, Santa Fe. 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 Mexico 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 Mexico.
Do you fund first-time flippers in New Mexico?
Yes — first-time flippers are welcome in New Mexico with a 620+ FICO. Stronger credit and prior projects unlock higher leverage.
Can I flip into a short-term rental in New Mexico?
Yes — a common New Mexico exit is to renovate, then refinance into an STR DSCR loan on projected rental income instead of selling. Mortava finances both legs, which matters in short-term-rental markets like Albuquerque.
Do you fund flips in Albuquerque and Las Cruces?
Yes — Albuquerque, Las Cruces, Santa Fe and every other New Mexico market. Leverage and pricing are driven by your experience, FICO, and the deal's numbers, not the zip code.
Fix & flip loans by state
Flip in MissouriFlip in MontanaFlip in NebraskaFlip in NevadaFlip in New HampshireFlip in New JerseyFlip in New YorkFlip in North CarolinaFlip in North DakotaFlip in OhioFlip in OklahomaFlip in Oregon
All Fix & Flip programs → DSCR loans in New Mexico → Instant quote & pre-qualify →
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