Market-specific acquisition and rehab financing
Mayday's No Credit / No Experience Fix & Flip option is for eligible business-purpose, non-owner-occupied rehab projects in 16 states, generally within 60 miles of a major MSA. Initial screening has no minimum FICO score or completed-flip requirement. The program may finance up to 90% of the purchase price and reimburse 100% of eligible rehab costs, capped at 75% ARV. These are maximums, not commitments; a complete property, borrower, entity, liquidity, public-record, budget, valuation, exit, and underwriting review still applies.
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Featured Mayday option
Mayday No Credit / No Experience Fix & Flip
A short-term business-purpose option for eligible purchase-and-rehab projects. Maximum leverage is governed by the lower applicable purchase, cost, and ARV constraints, and every draw follows documented completed work.
Submit a scenarioThis option's footprint
This featured option is market-restricted. Other Mayday programs may have a different footprint.
The property must be in an approved area, use an accepted asset type, and generally be within 60 miles of a major MSA. Confirm the exact address before relying on availability.
The complete context matters
For this featured option, initial screening does not use a minimum FICO score or prior-flip count, and a hard credit inquiry is not advertised as a qualification step. Mayday still requires truthful identity, entity, property, liquidity, title, insurance, public-record, budget, valuation, and exit information. Active or pending judgments, liens, foreclosures, or bankruptcies may make a borrower ineligible. No feature guarantees terms, timing, draw approval, funding, or final approval.
Tell us your situationProgram questions
Organize labor and materials by trade, include permits and professional fees when applicable, identify contingency funds, and align the budget with the proposed timeline and exit.
The featured option has no completed-flip minimum at initial screening. First-time clients should document the property, scope, budget, contractor or project team, liquidity, contribution, comparable support, and exit. Rehab budgets above $60,000 may receive additional review. Inquiry does not guarantee financing.
The featured option has no minimum FICO score and does not advertise a hard credit inquiry as a qualification step. That does not eliminate identity, entity, fraud, public-record, judgment, lien, foreclosure, bankruptcy, property, liquidity, title, or underwriting review. No borrower or project is automatically eligible.
Eligible transactions may be considered for up to 90% of the purchase price and reimbursement of 100% of eligible rehab costs, subject to a maximum of 75% ARV and the lower applicable program constraint. First-time clients should expect at least a 10% down payment of the total loan amount. Actual proceeds may be lower.
Rehab funding is reimbursed after eligible work is completed and paid. The borrower submits invoices and required self-inspection evidence through the designated process. The featured option states no draw fees, subject to the final written program terms. Reimbursement timing is not guaranteed, and draw conditions must be satisfied.
It is currently presented for eligible properties in Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia, generally within 60 miles of a major MSA. Exact address, asset type, and current program availability must be confirmed.
The featured option does not accept land, manufactured homes, condominiums, townhomes, row homes, or other shared-wall units. Properties must be non-owner-occupied business-purpose investments, and the accepted property list and market availability can change.
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