Hard Money Lenders in Kahului, HI | Fix & Flip Loans | Capital Kings LLC
Broker, not a lender

Hard Money Lenders inKahului, Hawaii

Fix and flip, DSCR rental and new construction financing for Kahului 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 a Kahului deal

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

Reviewed by Micah Foster, Founder & CEO · October 2026
How we work

What you get working with us

400+
Lenders we shop your deal across
5-14
Days to fund, typical
100%
Of rehab funded, released in draws
8.99%
Rates from, in Hawaii
Run the numbers

Price a Kahului deal right now

Prefilled with a realistic Kahului deal. Change any number and it reprices instantly on the lanes licensed in Hawaii, using the same engine behind our term sheets.

Enter your numbers to see the program, loan size and cash to close.
Get a real term sheet →Same math as our term sheet. No credit pull, nothing saved.
The market

Financing a deal in Kahului

Kahului is Maui’s working center: the main airport, the harbor, the big box stores and the neighborhoods where people who work on the island actually live. Next door, Wailuku is the county seat. The flip stock is the 1950s and 1960s Dream City houses, single-wall homes on small lots that were built for plantation workers moving to town, plus older homes in Wailuku and newer planned subdivisions like Maui Lani.

The Kahului deal is shaped by Maui’s housing shortage. The 2023 wildfires destroyed much of Lahaina and pushed thousands of residents into an already tight market, and the county has moved to rein in vacation rentals to return homes to residents. That keeps demand from local buyers and renters strong, but it also brings scrutiny to flips. A house finished for a working family at a price they can carry is the clean exit here.

A real term sheet

What a Kahului deal looks like on paper

Kahului example: $780,000 purchase, $130,000 rehab, $1,230,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Picture a 1960s Dream City single-wall house in 96732, fee simple: termite treatment and framing repair, new electrical and plumbing, a kitchen, two baths and a permitted ohana conversion checked before listing. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$793,000
Cash to close$147,960
Proof of funds to show$211,588
Where the $147,960 goes
  • Down payment (15% of the purchase)You$117,000
  • Origination (0.5%)Lender$3,965
  • Lender fees (flat)Lender$1,989
  • Broker fee (1%)Broker$6,465
  • Title and closing (estimate at Texas rates)Title$6,253
  • Prepaid interest (15 days)Lender$3,093
  • Property insuranceInsurer$8,645
  • AppraisalAppraiser$550

Interest while you rehab: $5,243 a month on the $663,000 funded at closing, $6,271 once every draw is out. Proof of funds is cash to close plus $26,000 of rehab reserve and $37,628 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.

Programs

What we can fund in Kahului

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Best Rate15%700+First flip OK8.99% to 9.49%0.5%70% of ARV12 months5-14 days
First Flip, 10% Down110%660+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips27.5%660+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 5+ Flips35%660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
100% Financing, 2+ Flips40% (100% financing)620+2+ completed flips9.50% to 12.00%2.5%70% of ARV9 months7-14 days
  1. Rate 9.99% at 2 to 2.25 points by credit; buy down to 8.99%. Loans under $150,000 add 0.5% to the rate and half a point, under $100,000 1.5% and a point. 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% at 1.5 to 1.75 points by credit; buy down to 8.99%. Loans under $150,000 add 0.5% to the rate and half a point, under $100,000 1.5% and a point. 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.
  4. Needs 2 completed flips in the last two years and about $75,000 in verified liquidity. Rate 9.5% to 12% and 2 to 3 points, set per file. Purchase plus rehab must fit under 70% of ARV.

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.

What we check first

Where Kahului prices sit right now

Before we price a Kahului 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 Kahului median sale price at $1,100,000 for the three months ending September 2026, up 7.7% from a year earlier, with homes selling after 77 days on the market on average.

Median sale price, Kahului (Redfin, 3 months to Sep 2026)$1,100,000
Change from a year earlier (Redfin)+7.7%
Average days on market, Kahului (Redfin)77

Sources: Redfin, Kahului housing market

Underwriting

How a Kahului file actually gets priced

Kahului comps sit close together in price but split by type. A single-wall Dream City house is not compared with a framed home in Maui Lani, and an ohana unit counts only if it is permitted. We use recent sales from the same neighborhood and construction type, keep Wailuku and Kahului separate, and look at the termite report before we trust the ARV. Balances here are large, so we match the file to a lender comfortable with the loan size first.

Wildfire is now a central risk on Maui, and insurers have tightened up, so get a homeowner’s quote early. Formosan termites and single-wall construction mean structural surprises in older Kahului homes. Cesspool conversion is required by state law over the coming decades, and many older lots still have one. Maui County permits can be slow, and unpermitted additions and garage conversions are common, so check the permit history before you buy.

The exit

Who buys your finished Kahului deal

The finished Kahului house sells to local families, airport, harbor and hospital workers, and households rebuilding after the fires, many using VA, FHA or local credit union loans. They want a sound, termite-free house with parking and room for extended family, and a legal ohana unit adds real value. Long-term rental demand is high, so a DSCR refinance is a real exit if the rent covers the payment at Maui prices.

After you apply

Your whole loan, in one portal

Apply once and the whole Kahului 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.
What happens after you apply →Tour the borrower portal
Loan products

What we fund in Kahului

Fix & Flip

Purchase plus 100% of rehab, released in draws. The core product in Kahului.

15% down from 8.99% at 700+ credit · 10% down from 9.99% at 660+ credit

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.

30-year · no income docs

New Construction

Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.

Land + build financing
Coverage

Where we lend in Kahului

We broker deals across the whole Kahului market. These are the submarkets investors ask us about most:

Kahului and Dream City (96732)Maui Lani (96732)Wailuku (96793)Waikapu (96793)Pukalani (96768)Kihei (96753)
Process

From deal to funded

01

Send the deal

Address, purchase price, rehab budget and your ARV. Three minutes, no credit pull.

02

We shop it

Your scenario goes to the lenders in our network that actually fit it and are licensed in Hawaii, not all 400 at once.

03

Real terms back

Rate, origination, leverage and cash to close side by side, so you can compare on total cost.

04

Close

5-14 days to fund. We stay on title and the lender through funding.

Questions

Kahului hard money FAQ

Do you lend hard money in Kahului?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Kahului 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 Hawaii, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Kahului?
As of October 2026: Best Rate (15% down, from 8.99%); 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); 100% Financing, 2+ Flips (100% financing when purchase plus rehab fits under 70% of ARV, from 9.50%, 2+ completed flips). 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 a Kahului hard money loan close?
Most Kahului fix and flip files fund in 5-14 days once the file is complete. 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 a Kahului flip?
The worked example on this page is a $780,000 Kahului purchase with a $130,000 rehab and a $1,230,000 after repair value at 730 credit, first flip: $117,000 down (15% of the purchase) and $147,960 total cash to close, with $211,588 of proof of funds to show the lender. The lowest down payment for a first flip in Kahului is 10% down from 9.99% at 660+ credit. Investors with a track record can go to 0% down (100% financing) from 9.50% at 620+ credit with 2+ completed flips, when purchase plus rehab fits under 70% of ARV, and you still bring the closing costs in cash. 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 Kahului?
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 a Kahului fix and flip loan?
The lowest credit floor among the Kahului programs is 620, on 100% financing (under 70% of ARV) with 2+ completed flips. A first flip needs 660 or higher. The lowest rate here, 8.99%, needs 760+ credit. Depending on the program, rates step down at 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 a Kahului flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Kahului 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.
Can I get a hard money loan to flip a house in Kahului?
Yes, on a fee simple house. In Hawaii a first flip can be priced at 15% down with 700+ credit (from 8.99%) or 10% down with 660+ credit (from 9.99%). The worked example is a first flip with strong credit, and the loan size means we place it with a lender that wants larger balances. Permits and trades on Maui take longer than on the mainland, so plan your hold accordingly.
Is a Dream City house a good flip?
It can be, if you budget for what single-wall construction hides. Expect termite damage, old wiring and plumbing, and possibly unpermitted additions. Get a termite inspection and pull the permit history before you set your offer. Done well, a sound three-bedroom with parking appeals to the local buyers who drive this market.
Who you are working with
Micah Foster
Founder & CEO
Micah Foster
Micah brokers Non-QM and hard money loans for real estate investors across 37 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.
Send Micah your Kahului deal →
Keep reading

Before you sign anything

Draws
How construction draws and the rehab holdback actually work
Read article →
Loan Cost
Dutch vs standard interest: what it really costs you
Read article →
Cash Needed
Cash to close on a flip: the number most investors miss
Read article →
Term Sheet
How to get an instant hard money term sheet
Read article →
Hard money in Kailua-Kona →Hard money in Honolulu →All Hawaii coverage →

Ready to fund your Kahului deal?

Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.

Start application →Get a pre-approval letter