Broker, not a lenderHard Money Lenders inAnchorage, Alaska
Fix and flip and DSCR rental financing for Anchorage investors. We do not lend our own money, we shop your deal across a 400+ lender network and come back with real terms you can compare on total cost.
Prefer to talk it through? Call or text Micah at (281) 636-5682.
What you get working with us
Price an Anchorage deal right now
Prefilled with a realistic Anchorage deal. Change any number and it reprices instantly on the lanes licensed in Alaska, using the same engine behind our term sheets.
Financing a deal in Anchorage
Anchorage is a non-standard market for most national lenders, and we'll say that plainly: a lot of programs that advertise nationwide exclude Alaska, and the ones that stay usually want an experienced borrower. The city itself is a steady, supply-limited market boxed in by mountains, water and military land. The flip stock is the 1960s to 1980s split entries, ranches and duplexes in Muldoon, Mountain View, Spenard and Midtown, and the buyer is often military, oil and gas or health care.
The Anchorage flip is a race against the calendar. The building season is short, materials come up by barge or truck from the Lower 48 with longer lead times, and a scope that slips into winter slows every trade. Buy with the season in mind, order windows and cabinets the week you close, and keep the scope to what a crew can finish before freeze-up. Heating is the other deciding line: boilers, baseboard and forced air all show up, and a buyer's inspector checks them hard.
What an Anchorage deal looks like on paper
Anchorage example: $300,000 purchase, $60,000 rehab, $480,000 after repair value, 730 credit, 10 or more flips completed. The engine puts that borrower on the 5% Down, 5+ Flips program at 9.99%. Picture a 1970s Muldoon split entry: new boiler, windows, a kitchen and baths, finished before the snow flies. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (5%)You$15,000
- Origination (2%)Lender$6,900
- Doc prepLender$749
- Broker fee (1%)Broker$3,450
- Title and closingTitle$4,040
- Prepaid interest (15 days)Lender$1,416
- Property insuranceInsurer$3,420
- AppraisalAppraiser$550
Interest while you rehab: $2,373 a month on the $285,000 funded at closing, $2,872 once every draw is out. Proof of funds is cash to close plus $16,200 of rehab reserve and $17,233 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.
What we can fund in Anchorage
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| 5% Down, 5+ Flips1 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
Origination has a $2,000 minimum on every program and the broker fee is 1% with a $2,000 minimum. These are the numbers the instant term sheet uses as of September 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.
What the Anchorage comps say
Redfin puts the Anchorage median sale price at $465,000 for the three months ending August 2026, up 5.7% from a year earlier, with homes selling after 9 days on the market on average.
| Median sale price, Anchorage (Redfin, 3 months to Aug 2026) | $465,000 |
| Change from a year earlier (Redfin) | +5.7% |
| Average days on market, Anchorage (Redfin) | 9 |
Sources: Redfin, Anchorage housing market
How an Anchorage file actually gets priced
Comps in Anchorage are thinner than in a Lower 48 city this size, and appraisers stretch across neighborhoods and time more often, so we build the ARV carefully. A Sand Lake sale doesn't describe Mountain View, and Eagle River is its own market. We use recent closings from the same part of town and the same housing type, and we pay attention to condos and townhomes separately, because a lot of the city's attainable stock is attached housing with association rules and dues.
Seismic risk is real here. The 1964 earthquake and the 2018 quake both damaged Anchorage homes, and the municipality maps ground failure zones along the bluffs and in soft soils, so check the map and look for past repairs. Frost heave and poor drainage crack foundations and move garage slabs. Snow load, ice dams and old roofs go together. Permits run through the Municipality of Anchorage Development Services, and the building season means inspection calendars fill up in summer.
Who buys your finished Anchorage deal
A finished Anchorage house sells to a buyer from JBER, the oil and gas industry, the hospitals or state and federal offices, and many of them use VA financing. Military moves create a steady summer rush of buyers and a quieter winter. Listing in spring or summer shortens days on market. Rents are strong because housing is tight, so a DSCR refinance is a reasonable second exit, and duplexes in Mountain View and Spenard are often held rather than sold.
Your whole loan, in one portal
Apply once and the whole Anchorage loan lives in the borrower portal: the term sheet you can accept and sign in the browser, where the loan stands, one place for documents, and the list of what the lender is still waiting on. These are real screens from the portal.
What we fund in Anchorage
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Anchorage.
DSCR Rental
Qualifies on the property’s rent, not your W-2. The usual exit when a flip becomes a hold, and the long-term financing on a BRRRR.
Where we lend in Anchorage
We broker deals across the whole Anchorage market. These are the submarkets investors ask us about most:
From deal to funded
Send the deal
Address, purchase price, rehab budget and your ARV. Three minutes, no credit pull.
We shop it
Your scenario goes to the lenders in our network that actually fit it and are licensed in Alaska, not all 400 at once.
Real terms back
Rate, origination, leverage and cash to close side by side, so you can compare on total cost.
Close
7 to 10 days typical. We stay on title and the lender through funding.
Anchorage hard money FAQ
Do you lend hard money in Anchorage?
Which fix and flip programs apply in Anchorage?
How fast can an Anchorage hard money loan close?
How much do I need to bring to close on an Anchorage flip?
Do you fund the rehab budget in Anchorage?
What credit score do I need for an Anchorage fix and flip loan?
Can I refinance an Anchorage flip into a rental loan?
Why do so few hard money lenders fund in Alaska?
Do you fund new construction in Anchorage?
Ready to fund your Anchorage deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.