Backflip Rewards: The More You Flip, the More You Save

Introducing Our Most Generous Rewards Update Yet

You told us what matters most: lowering your cash to close. When you close more loans with us, you automatically earn a discount on your origination fee for the next deal. It’s simple, easy to track, and puts money back in your pocket.

Now you can get thousands of dollars off closing costs with Backflip – saving as much as 0.50% bps of your total origination fees. Read on to learn how.

What Is an Origination Fee?

All hard money lenders charge an origination fee for the work of issuing a loan. It’s paid at closing and calculated as a percentage of the loan amount (often called “points” or “bps”; e.g., “two points” = a 2% origination fee).
Typical origination fees run ~1–4% of the loan amount. Double Backflip, LLC typically charges ~1.25–2%, and with Rewards you can significantly reduce that on your next eligible loan.

Rise Through the Ranks

We’ve made it super straightforward: the more eligible loans you close directly with Backflip (no brokers in the middle), the bigger your discount on your next origination fee. No points. No tier names. Just automatic savings applied to your next eligible loan. The more you close with us, the more you’ll save—see the breakdown below.

Save as You Grow

Backflip Rewards grows with you. Each eligible loan you close directly with us adds to your track record and nudges your next discount higher—keeping more of your capital in your projects, deal after deal.

Eligibility, in plain English: Eligible loans are those you’ve closed directly with Backflip (not through a Backflip Broker Partner and not B2B), within the past 24 months, with no 60+ day delinquency. If any loan goes 30+ days delinquent, Rewards can pause and prior eligible loans may be removed from your count. Once you’re back in good standing (and if we lend to you again), you can build back up with future loans. Past eligible loans from the last 24 months are counted at launch.

How to Qualify & Get Started

You’re automatically enrolled as a Backflip member—just make sure to opt in when you receive your next loan quote by checking the “agree to terms” box so your discount can be applied at closing.

Here’s the easy path:

1) We’ll keep track of your eligible-loan total for you.
2) Start a new eligible loan and your available discount will be credited at closing.
3) Keep closing deals, and we’ll keep increasing your savings for the next one.

Make Your Discount Count at Closing

When you receive your loan quote, simply check the “Opt-In / agree to terms” box to qualify. We’ll track your eligible-loan count automatically and credit your available origination-fee discount at closing on your next eligible loan.

Keep closing eligible deals directly with Backflip and your next discount grows—simple, transparent, and designed to lower your cash to close.

You can apply under the current Rewards structure through December 31, 2025. After that, the new structure becomes effective for applications going forward. For full program details and definitions, read the
Backflip Rewards Terms & Conditions.