Fix and flip loans in Alaska, funded in 48 hours.

Yes. PML funds fix and flip loans in all 50 states, with active flipper books in Anchorage, Fairbanks, Juneau, and Wasilla. Single-family, duplex, triplex, and fourplex properties. Loan size from $100,000 to $5,000,000 per asset, with cross-collateralized facility lines available for sponsors running three or more concurrent Alaska projects. No state-line carve-outs on pricing or leverage; a Anchorage Municipality flip prices off the same rate sheet as a Anchorage Municipality flip.

Alaska does not require a separate state lender license for business-purpose loans on 1 to 4 unit non-owner-occupied investment property held by an entity. PML originates Alaska fix and flip loans under that posture, with closings handled through the customary Alaska closing process. Loans are not consumer mortgages; they cannot be used for a primary or secondary residence. The borrower is always an LLC, LP, or corporation, never a natural person.

The bulk of Alaska fix and flip activity in our book lands in a $285,000 to $485,000 ARV band, with loans typically between $228,000 and $395,000 on a single asset. Anchorage and Anchorage skew toward the lower half of that band on entry-level cosmetic flips; South Anchorage hillside stretch to $795,000 plus on full-gut projects. We will write an Alaska loan as small as $100,000 and as large as $5,000,000.

Alaska is a title-company and escrow state. Closings happen at a licensed escrow office working alongside a title insurance underwriter — functionally one closing, two licensed parties on the file. PML has working relationships with escrow companies in every major Alaska metro. A clean Alaska file regularly closes 5 to 7 business days from term-sheet acceptance.

Alaska does not impose a state real estate transfer tax. The buyer pays only the borough recording fee on the deed and deed of trust. PML’s quote on the HUD reflects the actual Alaska tax and recording schedule for the subject county; there are no lender markups on third-party closing costs.

Alaska winters are long and severe, materially affecting exterior trade work from October through April. We have funded Alaska flips year-round, but the rehab schedule itself should plan for a 4 to 8 week seasonal cushion on roofing, siding, and concrete scopes. Draws never pause due to weather alone.

Alaska permits both judicial and non-judicial foreclosure depending on the deed instrument. Most business-purpose PML loans use a deed of trust with power of sale, allowing a non-judicial path of roughly roughly 90 days (non-judicial deed of trust). As a sponsor this should never matter; as an underwriting input it shapes how our Alaska loans price.

The Anchorage Municipality e-recording system normally posts a deed and deed of trust the same business day they are submitted. Other major Alaska metros (Fairbanks, Juneau and Wasilla) run similarly fast on e-recording. PML wires loan proceeds the day of close; the lien recording happens in parallel.

Yes. Alaska foreclosure sales may proceed either non-judicially (where a deed of trust with power of sale is in place) or judicially through the courts. PML can fund acquisitions from either path when title is clean, with a binding term sheet inside four business hours. For non-judicial Alaska sales, winning bid to wire in 7 to 10 calendar days is typical.

Yes. PML can close into a newly-formed Alaska LLC even if you took the property under contract in your personal name. The closing party handles the deed transfer at closing — the property moves from your personal name into the new entity simultaneous with the loan funding, with no Alaska transfer tax to absorb. We do not lend to natural persons; the borrower is always an entity. We can help structure the entity if you do not yet have one in place.