Hard Money Lenders in El Paso, TX | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inEl Paso, Texas

Fix and flip, bridge and purchase only, DSCR rental and new construction financing for El Paso 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.

Get a term sheet →Price an El Paso deal

Prefer to talk it through? Call or text Micah at (281) 636-5682.

Reviewed by Micah Foster, Founder & CEO, September 2026

Price an El Paso deal right now

Prefilled with a realistic El Paso deal. Change any number and it reprices on the programs that lend in Texas, with the same math as our term sheets.

Sizing your flip on the same terms as the term sheet. Get a real term sheet →

Financing a deal in El Paso

El Paso is an affordable big city that a lot of lenders outside it don’t know well, so the lender match matters here. The stock is stucco and brick, a lot of it flat-roofed, built on desert soil across a valley that floods when the monsoon hits. Fort Bliss, UTEP and the medical center keep buyers and renters arriving, and a large share of finished houses sell to a soldier with a VA loan. Flips here are the Central and Northeast ranches from the 1950s and 60s and the Lower Valley single-stories, bought cheap and finished for that buyer.

Two things decide an El Paso flip that do not exist in Houston or Dallas: the roof and the cooler. A flat roof with parapets drains through scuppers, and an inch of monsoon rain in half an hour finds every bad seam, so the roof membrane is inspected on every file and usually replaced. Most older houses were cooled by evaporative coolers, and a conversion to refrigerated air with new ducts is the single upgrade El Paso buyers pay for. Underneath, the desert soil is collapsible rather than expansive, which means it drops when water reaches it for the first time; grading and drainage matter more than piers. Budget those three and the rest of the rehab is normal.

What an El Paso deal looks like on paper

El Paso example: $140,000 purchase, $45,000 rehab, $245,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1960s Northeast ranch near the Cassidy gate: roof membrane, refrigerated air conversion, kitchen and baths, finished for a VA buyer. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$164,000
Cash to close$32,907
Proof of funds to show$54,189
Where the $32,907 goes
  • Down payment (15% of the purchase)You$21,000
  • Origination (0.5%)Lender$2,000
  • Lender fees (flat)Lender$1,989
  • Broker fee (1%)Broker$2,000
  • Title and closingTitle$3,146
  • Prepaid interest (15 days)Lender$464
  • Property insuranceInsurer$1,758
  • AppraisalAppraiser$550

Interest while you rehab: $941 a month on the $119,000 funded at closing, $1,297 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $7,782 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.

Fix and flip programs in El Paso

Swipe the table for rates, credit and terms →

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Best Rate15% of purchase700+First flip OK8.99% to 9.49%0.5%70% of ARV12 months5-14 days
New Investor Program12.5% of purchase700+First flip OK9.75%1%75% of ARV12 months72 hours
First Flip, 10% Down110% of purchase + rehab660+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips27.5% of purchase + rehab660+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 5+ Flips35% of purchase660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
Fastest Close (3 days)10% of purchaseNo minimumFirst flip OK11.99%2%75% of ARV6 months72 hours
  1. Rate 9.99% with 2% to 2.25% origination by credit; more origination buys the rate down as far as 8.99%. Loans under $150,000 add 0.5% to the rate and 0.5% to the origination, under $100,000 1.5% and 1%. Under 680 credit the loan caps at 87.5% of cost. Standard interest, charged only on funds drawn. The loan is capped at a share of purchase plus rehab, the full rehab held back for draws, and the ARV must be at least 1.25 times purchase plus rehab. Processing $500, legal $1,495 and underwriting $795.
  2. Rate 9.99% with 1.5% to 1.75% origination by credit; more origination buys the rate down as far as 8.99%. Loans under $150,000 add 0.5% to the rate and 0.5% to the origination, under $100,000 1.5% and 1%. Under 680 credit the loan caps at 90% of cost. Standard interest, charged only on funds drawn. The loan is capped at a share of purchase plus rehab, the full rehab held back for draws, and the ARV must be at least 1.25 times purchase plus rehab. Processing $500, legal $1,495 and underwriting $795.
  3. Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.

Origination has a $2,000 minimum on most programs (a few lenders set a higher one, noted above) and our broker fee is 1% with a $2,000 minimum and a $10,000 maximum. These are the numbers our term sheets use as of October 2026. Strong credit, cash and a track record can price lower through specific lenders in the network. The 5% down and 100% financing lanes are major-metro programs and are not shown for El Paso.

Where El Paso prices sit right now

Before we price an El Paso flip, we look at where sales in the city sit today. Your block can run well above or below these numbers, so treat them as the starting point, not the answer.

Redfin puts the El Paso median sale price at $260,000 for the three months ending August 2026, about 4% above a year earlier, with homes going pending in 35 days. Zillow’s home value index for the city is $238,475. The flip pockets sit under that: Redfin’s Central El Paso median is $200,000, 79924 in the Northeast is $200,000 and moving in 35 days, and 79905 in the Lower Valley is $175,000.

Median sale price, El Paso (Redfin, 3 months to Aug 2026)$260,000
Days on market, El Paso (Redfin)35
Zillow home value index, El Paso (Aug 2026)$238,475
Median sale price, Central El Paso (Redfin)$200,000
Median sale price, 79924 Northeast (Redfin)$200,000
Median sale price, 79905 Lower Valley (Redfin)$175,000

Sources: Redfin, El Paso housing market, Zillow, El Paso home values, Redfin, Central El Paso housing market, El Paso Matters, stormwater and flood zones (2026-07-24), City of El Paso, Planning and Inspections

How an El Paso file actually gets priced

El Paso ARVs are set inside tight pockets because the city’s price lines are sharp: 79912 on the west side runs nearly double 79905 in the Lower Valley, and Kern Place carries a premium over Central a mile away. We comp inside the same side of the mountain and the same ZIP, we use closed sales from the last 90 days, and on a pre-1978 house we assume the VA appraiser will flag peeling paint, roof condition and the HVAC, because those are the three items that stall El Paso closings. Northeast houses near the Cassidy gate turn fast and comp cleanly; Central takes longer and needs more care on the number.

Flood is the El Paso surprise. The 2006 storms put three to ten inches on the city and caused hundreds of millions in damage, and runoff still comes off the mountains through the arroyos and down the streets into the neighborhoods below. The city has been building ponds and pulling homes out of flood zones since, but check the address against the current map and look at how the lot drains. Nine local historic districts, including Sunset Heights, Manhattan Heights and Magoffin, review re-roofing, windows and paint on the exterior through the historic preservation office; interior work is not reviewed. Permits run through the city’s Accela portal with a registered, bonded contractor.

Who buys your finished El Paso deal

A finished El Paso house exits to a VA buyer more often than in any other Texas city we lend in. Fort Bliss is one of the largest employers in the region and soldiers buy with zero down, so the finish has to clear a VA appraisal on the first pass: sound roof, working refrigerated air, no peeling paint on older stock. Those houses in the Northeast and on the East Side move quickly. New construction on the far east and northeast is priced in the same range as a finished flip and builders are selling close to ask, so a resale flip out there has to win on location or price. Central and the Lower Valley exit slower and often as rentals, and the rental math holds up because the entry price is low.

What happens after you apply

Apply once and the whole El Paso 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.

Capital Kings borrower portal: Welcome to your file
Welcome to your fileSign in and the term sheet is waiting, with every fee and who it goes to.
Capital Kings borrower portal: Where the loan stands
Where the loan standsApplication, appraisal, title, underwriting, clear to close.
Capital Kings borrower portal: Run the deal again
Run the deal againThe analyzer priced off your real numbers, before and after the appraisal.
Capital Kings borrower portal: What the lender still needs
What the lender still needsEvery open condition, what clears it, and who it is waiting on.

The full walkthrough is on how it works, and you can tour the borrower portal before you apply.

What we fund in El Paso

Fix and flip

10%down on a first flip
Rates
from 8.99% at 760+ credit
With experience
5% down with 5+ completed flips
Rehab
100% funded, paid in draws
Fix and flip loans in Texas →

Rental (DSCR)

7.00%rates from, 30-year fixed
Qualify on
the rent, no W-2s or tax returns
Down
from 20% at 700+ credit
Good for
buy-and-hold, and the refinance when a flip becomes a rental
DSCR loans in Texas →

Bridge and purchase only

12.5%down at 700+ credit, no rehab in the loan
Rates
from 9.75% at 680+ credit
Close
in 5-14 days
Good for
auction buys, off-market deals and 1031 timing
Purchase-only loans in Texas →

New construction

95%of cost with a financed interest reserve, after 1 completed build
Rates
from 8.49% with 5+ completed builds
First build
85% of cost with a GC who has 5+ builds
Builds
single family to small multifamily
New construction loans in Texas →

Where we lend in El Paso

We broker deals across the whole El Paso market. The submarkets investors ask us about most are Kern Place and Sunset Heights (79902), Central and Manhattan Heights (79903 / 79930), Northeast near Fort Bliss (79924 / 79904), East Side (79936 / 79925), Lower Valley (79905 / 79907 / 79915) and West Side and Upper Valley (79912).

How long does a El Paso loan take to fund?

You send the address, purchase price, rehab budget and your ARV, which takes about five minutes and no credit pull. We take it to the lenders in our network that fit it and are licensed in Texas, and the rate, origination, leverage and cash to close come back side by side. 5-14 days to fund, as little as 72 hours on the fastest programs. We stay on title and the lender through funding.

El Paso hard money FAQ

Do you lend hard money in El Paso?
Yes. Capital Kings is a broker, not a direct lender, so we shop your El Paso scenario across a 400+ lender network and bring back real terms instead of one lender’s rate sheet. The programs on this page are the ones whose lenders are licensed in Texas, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in El Paso?
As of October 2026: Best Rate (15% down, from 8.99%); New Investor Program (12.5% down, from 9.75%); First Flip, 10% Down (10% down, from 9.99%); 7.5% Down, 3+ Flips (7.5% down, from 9.99%, 3+ completed flips); 5% Down, 5+ Flips (5% down, from 9.99%, 5+ completed flips); Fastest Close (3 days) (10% down, from 11.99%). Rehab is funded 100 percent in draws on every one of them, and we shop the file against the rest of the network before anything is signed.
How fast can an El Paso hard money loan close?
As little as 72 hours. Most El Paso fix and flip files fund in 5-14 days once the file is complete, and the 72-hour programs close that fast when title and insurance are ready. The First Flip, 10% Down program and the 7.5% Down, 3+ Flips program close in 21-30 days. The biggest delays are usually title issues or missing borrower documents, so getting those started early makes a big difference.
How much do I need to bring to close on an El Paso flip?
The worked example on this page is a $140,000 El Paso purchase with a $45,000 rehab and a $245,000 after repair value at 700 credit, first flip: $21,000 down (15% of the purchase) and $32,907 total cash to close, with $54,189 of proof of funds to show the lender. The lowest down payment for a first flip in El Paso is 10% down from 9.99% at 660+ credit. Investors with a track record can go to 5% down from 9.99% at 660+ credit with 5+ completed flips. Rehab is funded 100 percent through draws in every case. Run your own numbers in the calculator above, or send us the deal and we will price it.
Do you fund the rehab budget in El Paso?
Yes, 100 percent of the rehab is funded, but it is a holdback released in draws rather than cash at closing. You pay for each phase, request a draw, an inspector verifies the work, and the lender reimburses. That means you need working capital to float the first phase, which is the single most common thing new investors miss on their first deal.
What credit score do I need for an El Paso fix and flip loan?
One El Paso program has no credit floor at all, it is priced on speed rather than credit. The lowest rate here, 8.99%, needs 760+ credit. Depending on the program, rates step down at 700 and 760 credit and origination steps down at 700 and 740. Credit matters less here than on a conventional loan because the deal carries the file, but it moves your rate and your leverage, so know where you stand before you make offers.
Can I refinance an El Paso flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way an El Paso flip becomes a hold. A DSCR loan qualifies on the property’s rental income rather than your W-2, so once the rehab is done and it is leased, you refinance out of the short-term hard money loan into 30-year financing. Worth deciding before you start, because it changes what finish level makes sense.
Who are the hard money lenders in El Paso, TX?
We are a broker, not a lender. We shop an El Paso flip or rental across 400+ lenders, keep the ones that lend this far west in Texas and actually close here, and show you the real term sheet before you commit. In Texas a first flip can be priced at 15% down with 700+ credit (from 8.99%), 12.5% down with 700+ credit (from 9.75%), 10% down with 660+ credit (from 9.99%) or 10% down with no credit minimum on the fastest-close program (from 11.99%).
Can I get a hard money loan in El Paso for a rental instead of a flip?
Yes. If you plan to keep the house, a bridge loan can buy and fix it and a DSCR loan can refinance it once it is leased, qualified on the rent instead of your income. Steady demand from Fort Bliss families and hospital staff keeps El Paso rents reliable, which is what a DSCR lender looks at.
Do you fund flips on flat-roof or swamp-cooler houses in El Paso?
Yes, they are most of the older stock here. The roof membrane and the cooler are the two lines the appraiser and the buyer’s inspector focus on, so the rehab budget almost always carries a new roof or a re-coat and a conversion to refrigerated air with new ducts. We would rather see those in the scope up front than find them as an inspection condition at the exit.
Why are the 5% down first-flip and 100% financing programs not on the El Paso page?
Those two lanes are major-metro programs from lenders who fund inside Houston, Dallas-Fort Worth, Austin and San Antonio, so we do not advertise them here. What applies in El Paso, all in the programs table on this page: In Texas a first flip can be priced at 15% down with 700+ credit (from 8.99%), 12.5% down with 700+ credit (from 9.75%), 10% down with 660+ credit (from 9.99%) or 10% down with no credit minimum on the fastest-close program (from 11.99%). Programs that need completed flips: 7.5% down from 9.99% with 3+ flips and 5% down from 9.99% with 5+ flips. Send the deal anyway if you need more leverage; we shop El Paso files across the whole network.
Micah Foster
Micah Foster
Founder & CEO, Capital Kings LLC
Micah brokers Non-QM and hard money loans for real estate investors across 38 states from his base in Texas. He founded Capital Kings to give investors a broker who shops the market on their behalf instead of pitching one lender product.

What to read before you sign a term sheet

Hard money near El Paso: Lubbock, San Antonio and Las Cruces. More Texas city guides: Arlington, Austin, Corpus Christi, Cypress, Dallas, Fort Worth, Frisco, Houston, Katy, McKinney, Plano, Spring and The Woodlands. Or see everything we fund in Texas.

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