Broker, not a lenderHard Money Lenders inKalamazoo, Michigan
Fix and flip, DSCR rental and new construction financing for Kalamazoo 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 Kalamazoo deal right now
Prefilled with a realistic Kalamazoo deal. Change any number and it reprices on the programs that lend in Michigan, 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 Kalamazoo
Kalamazoo is a college and medical town with an industrial base: Western Michigan University, Kalamazoo College, a big medical device employer and a pharmaceutical plant just south in Portage. The Kalamazoo Promise, which pays college tuition for graduates of the city schools, keeps families looking inside the district. The flip stock is late 1800s and early 1900s houses near downtown and modest postwar homes on the east and south sides.
Kalamazoo is the hottest market on this list by price change. Redfin has the median up 12.1% on a year earlier, with homes selling in about 15 days. Fast appreciation helps your resale but squeezes the buy, so the margin comes from houses that need real work: an old foursquare in Stuart, a converted duplex in Vine, a tired ranch in Edison. Make sure the ARV rests on renovated sales, not on the year's gains alone.
What a Kalamazoo deal looks like on paper
Kalamazoo example: $135,000 purchase, $50,000 rehab, $265,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Say a 1910s foursquare in the Stuart neighborhood, 49007, that needs plumbing, a kitchen, a bath and porch repair. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (15% of the purchase)You$20,250
- Origination (0.5%)Lender$2,000
- Lender fees (flat)Lender$1,989
- Broker fee (1%)Broker$2,000
- Title and closing (estimate at Texas rates)Title$3,150
- Prepaid interest (15 days)Lender$448
- Property insuranceInsurer$1,758
- AppraisalAppraiser$550
Interest while you rehab: $907 a month on the $114,750 funded at closing, $1,303 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $7,817 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 Kalamazoo
Swipe the table for rates, credit and terms →
| 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% | 70% of ARV | 12 months | 5-14 days |
| First Flip, 10% Down1 | 10% | 660+ | First flip OK | 9.99% | 2% | 75% of ARV | 12 months | 21-30 days |
| 7.5% Down, 3+ Flips2 | 7.5% | 660+ | 3+ completed flips | 9.99% | 1.5% | 75% of ARV | 12 months | 21-30 days |
| 5% Down, 5+ Flips3 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
| 100% Financing, 2+ Flips4 | 0% (100% financing) | 620+ | 2+ completed flips | 9.50% to 12.00% | 2.5% | 70% of ARV | 9 months | 7-14 days |
- 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.
- 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.
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
- 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.
Where Kalamazoo prices sit right now
Before we price a Kalamazoo 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 Kalamazoo median sale price at $223,594 for the three months ending September 2026, up 12.1% from a year earlier, with homes selling in about 15 days.
| Median sale price, Kalamazoo (Redfin, 3 months to Sep 2026) | $223,594 |
| Change from a year earlier (Redfin) | +12.1% |
| Days on market, Kalamazoo (Redfin) | 15 |
Sources: Redfin, Kalamazoo housing market
How a Kalamazoo file actually gets priced
Kalamazoo County appraisals comp by neighborhood, and the old neighborhoods near downtown vary block to block, from restored Victorians to student rentals. We pull finished sales in the same neighborhood and the same school district, and we split owner-occupied sales from rental conversions. Houses split into two or three units near Western need rent comps as well as sale comps, and a DSCR loan may be the better exit.
Stuart and parts of Vine are local historic districts, so exterior changes go through the Historic District Commission. Old houses here hide balloon framing, knob-and-tube wiring, lead paint and stone foundations. The Kalamazoo River floodplain touches the east side, so check the map before you price insurance. The city runs a rental registration and inspection program, which a rental exit has to clear before a tenant moves in.
Who buys your finished Kalamazoo deal
The Kalamazoo buyer is a young family drawn by the Promise, a hospital or university employee, or a first-time buyer coming out of a rental. They want the house in the city school district, updated systems and a usable yard. Near campus, the exit can be a rental to students and staff, refinanced into a DSCR loan. Inventory is thin, so a clean flip priced at the street sells quickly.
Your whole loan, in one portal
Apply once and the whole Kalamazoo 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 Kalamazoo
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Kalamazoo.
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.
New Construction
Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.
Where we lend in Kalamazoo
We broker deals across the whole Kalamazoo 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. About five minutes, no credit pull.
We shop it
Your scenario goes to the lenders in our network that actually fit it and are licensed in Michigan, 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
5-14 days to fund. We stay on title and the lender through funding.
Kalamazoo hard money FAQ
Do you lend hard money in Kalamazoo?
Which fix and flip programs apply in Kalamazoo?
How fast can a Kalamazoo hard money loan close?
How much do I need to bring to close on a Kalamazoo flip?
Do you fund the rehab budget in Kalamazoo?
What credit score do I need for a Kalamazoo fix and flip loan?
Can I refinance a Kalamazoo flip into a rental loan?
Can I get a first-flip loan in Kalamazoo?
Does the Kalamazoo Promise change what a flip sells for?
Before you sign anything
More Michigan city guides
Ready to fund your Kalamazoo deal?
Submit your scenario in about 5 minutes. We shop it and come back with real terms, not a generic rate sheet.