Bayport Funding launches Adjustable-Rate Fix & Flip Loan

Manhattan, NY Bayport Funding launched its new Adjustable-Rate Fix & Flip Loan, designed to help investors stay ahead of a dynamic interest-rate environment.

Introduced as a strategic solution to empower real estate investors during a shifting economy, the new adjustable-rate fix & flip loan provides borrowers with up to $2 million for one-to-four-unit projects with a 12-month term. The loan is designed to allow investors to move decisively on real estate opportunities while taking advantage of potential rate cuts.

“Our goal is to help our clients succeed by providing smart, flexible capital solutions for real estate investment,” said Marcia Kaufman, CEO of Bayport Funding. 

“We anticipate that market interest rates will be increasingly advantageous for investors and the new Adjustable-Rate Fix & Flip Loan is designed to help investors to reduce financing costs while staying nimble in a changing market.”

To date, Bayport has funded more than $2 billion across a wide range of real estate projects, from single-family rehabs to ground-up construction and mixed-use developments. The company recently secured a $200 million senior credit facility from Webster Business Credit, a division of Webster Bank and the lead syndication agent in the transaction, further enhancing its lending capacity and expansion into new markets.