Broker, not a lenderHard 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.
Prefer to talk it through? Call or text Micah at (281) 636-5682.
What you get working with us
Price an El Paso deal right now
Prefilled with a realistic El Paso deal. Change any number and it reprices instantly on the lanes licensed in Texas, using the same engine behind our term sheets.
Financing a deal in El Paso
El Paso is the most affordable big city in Texas and a market almost nobody outside it understands, which is the opportunity. 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, 730 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.
- Down payment (15%)You$21,000
- Origination (0.5%)Lender$2,000
- Doc prepLender$749
- Broker fee (1%)Broker$2,000
- Title and closingTitle$3,146
- Prepaid interest (15 days)Lender$640
- 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.
What we can fund in El Paso
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Best Rate | 15% | 700+ | First flip OK | 8.99% to 9.49% | 0.5% | 75% of ARV | 12 months | 14 days |
| New Investor Program | 12.5% | 700+ | First flip OK | 9.75% | 1% | 75% of ARV | 12 months | 72 hours |
| 5% Down, 3+ Flips1 | 5% | 600+ | 3+ completed flips | 11.00% to 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips2 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
| Fastest Close (3 days) | 10% | No minimum | First flip OK | 11.99% | 2% | 75% of ARV | 6 months | 72 hours |
- Origination steps down with experience: 1.5% at 5+ deals, 1% at 8+.
- 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. The 5% down and 100% financing lanes are major-metro programs and are not shown for El Paso.
What the El Paso comps say
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.
Your whole loan, in one portal
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.
What we fund in El Paso
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in El Paso.
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.
Bridge & Purchase Only
For clean properties that need speed rather than rehab money. Auction buys, off-market deals, and 1031 timing.
New Construction
Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.
Where we lend in El Paso
We broker deals across the whole El Paso 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 Texas, 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.
El Paso hard money FAQ
Do you lend hard money in El Paso?
Which fix and flip programs apply in El Paso?
How fast can an El Paso hard money loan close?
How much do I need to bring to close on an El Paso flip?
Do you fund the rehab budget in El Paso?
What credit score do I need for an El Paso fix and flip loan?
Can I refinance an El Paso flip into a rental loan?
Do you fund flips on flat-roof or swamp-cooler houses in El Paso?
Why are the 5% down first-flip and 100% financing programs not on the El Paso page?
Before you sign anything
Ready to fund your El Paso deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.