Broker, not a lenderHard Money Lenders inFairbanks, Alaska
Fix and flip and DSCR rental financing for Fairbanks 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 a Fairbanks deal right now
Prefilled with a realistic Fairbanks 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 Fairbanks
Fairbanks is Interior Alaska, and the climate writes the rules. Winter lows sit far below zero for long stretches, so a house here is judged first on how it holds heat and how its pipes survive. The economy rests on two big military posts, Fort Wainwright and Eielson, plus the University of Alaska Fairbanks and the hospital. The flip stock is 1950s to 1980s ranches, split levels and duplexes in Hamilton Acres, Aurora, Shannon Park and South Fairbanks.
The Fairbanks deal is decided by the ground and the heat source. Parts of the Goldstream Valley and the lower College area sit on permafrost, and a house built on thawing ground can settle, crack and tilt in ways no cosmetic budget fixes, so know what is under the lot. Then the heating plant: oil boilers, Toyo stoves, wood and pellet heat all show up, and the borough limits wood smoke on bad air days. A buyer will ask what the house costs to heat in January, so be ready with an answer.
What a Fairbanks deal looks like on paper
Fairbanks example: $210,000 purchase, $55,000 rehab, $360,000 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%. Say a 1960s Hamilton Acres ranch in 99701: a new oil-fired boiler, an arctic entry, triple-pane windows, a kitchen and a bath, done before the first hard freeze. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (5% of the purchase)You$10,500
- Origination (2%)Lender$5,090
- Lender fees (flat)Lender$995
- Broker fee (1%)Broker$2,545
- Title and closing (estimate at Texas rates)Title$3,593
- Prepaid interest (15 days)Lender$1,045
- Property insuranceInsurer$2,518
- AppraisalAppraiser$550
Interest while you rehab: $1,661 a month on the $199,500 funded at closing, $2,119 once every draw is out. Proof of funds is cash to close plus $14,850 of rehab reserve and $12,712 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 Fairbanks
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| First Flip, 10% Down1 | 10% | 680+ | First flip OK | 11.00% to 12.74% | 1% | 75% of ARV | 12 months | 21-30 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 |
- Rate is set by credit: 11.00% at 760+, 11.74% at 700-759, 12.74% at 680-699. 90% of the purchase plus 100% of the rehab (up to $250,000), capped at 75% of ARV. 1 point ($3,500 minimum on loans under $150,000) plus a $1,699 lender service fee.
- 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 October 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.
Where Fairbanks prices sit right now
Before we price a Fairbanks 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 Fairbanks median sale price at $315,000 for the three months ending September 2026, up 6.9% from a year earlier, with homes selling after 50 days on the market on average.
| Median sale price, Fairbanks (Redfin, 3 months to Sep 2026) | $315,000 |
| Change from a year earlier (Redfin) | +6.9% |
| Average days on market, Fairbanks (Redfin) | 50 |
Sources: Redfin, Fairbanks housing market
How a Fairbanks file actually gets priced
Fairbanks comps are thin, and an appraiser will reach across neighborhoods and back in time. We build the ARV from sales in the same part of town with the same heat source and foundation type, because a ranch on a full concrete foundation in Hamilton Acres is not the same product as a cabin on posts in the hills. Square footage on older houses can be off where an arctic entry or porch was closed in, and wells and septic outside the city service area need their own tests.
Permafrost and frost heave are the local risk that sinks budgets; look for sloping floors, sticking doors and a crawlspace with ice in it. The Chena River floods were the reason for the Moose Creek Dam and the Chena Lakes flood control project, but low ground near the river and the sloughs still maps as flood zone. Frozen and burst pipes in a vacant house over winter are common, so keep the heat on through the rehab. Inspections and permits work differently inside city limits than in the rest of the borough, so confirm which rules apply.
Who buys your finished Fairbanks deal
The finished Fairbanks house sells to military families on orders to Wainwright or Eielson, most of them on VA loans, plus university and hospital staff. Orders follow a summer calendar, so a house finished in spring meets the biggest wave of buyers. A VA appraisal wants working heat, no peeling paint and safe stairs. Rents near the posts are steady, which makes duplexes and small multifamily a real DSCR hold when a listing does not sell before winter.
Your whole loan, in one portal
Apply once and the whole Fairbanks 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 Fairbanks
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Fairbanks.
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 Fairbanks
We broker deals across the whole Fairbanks 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
Plan on 10-14 days with completed flips and 21-30 days on a first flip. We stay on title and the lender through funding.
Fairbanks hard money FAQ
Do you lend hard money in Fairbanks?
Which fix and flip programs apply in Fairbanks?
How fast can a Fairbanks hard money loan close?
How much do I need to bring to close on a Fairbanks flip?
Do you fund the rehab budget in Fairbanks?
What credit score do I need for a Fairbanks fix and flip loan?
Can I refinance a Fairbanks flip into a rental loan?
Can I get a hard money loan for a flip in Fairbanks?
How do I know if a Fairbanks house sits on permafrost?
Before you sign anything
Ready to fund your Fairbanks deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.