Broker, not a lenderHard Money Lenders inLafayette, Louisiana
Fix and flip, DSCR rental and new construction financing for Lafayette 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 Lafayette deal right now
Prefilled with a realistic Lafayette deal. Change any number and it reprices instantly on the lanes licensed in Louisiana, using the same engine behind our term sheets.
Financing a deal in Lafayette
Lafayette is the hub of Acadiana and still an oil town at heart. The Oil Center grew up in the 1950s to house energy company offices, and the ranches around it date from that boom. Today the University of Louisiana at Lafayette, two large hospital systems and oilfield service firms carry the economy, and the flip stock runs from small cottages near campus to 1960s and 1970s ranches on slab.
Lafayette moves with oil and gas. When drilling slows, energy jobs thin out and sellers get patient. When it picks up, buyers come back. The south side and the subdivisions toward Youngsville get most of the new construction, so an older ranch closer in competes on location and price rather than square footage. We look at how long renovated houses in your pocket are taking to sell before we settle the plan.
What a Lafayette deal looks like on paper
Lafayette example: $150,000 purchase, $50,000 rehab, $270,000 after repair value, 730 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Imagine a 1960s brick ranch near the Oil Center with a carport, terrazzo under worn carpet, a closed-off kitchen and baths that have not changed since the oil bust. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (10% of purchase plus rehab)You$20,000
- Origination (2.13%)Lender$3,825
- Lender fees (flat)Lender$2,790
- Broker fee (1%)Broker$2,000
- Title and closing (estimate at Texas rates)Title$3,225
- Prepaid interest (15 days)Lender$739
- Property insuranceInsurer$1,900
- AppraisalAppraiser$550
Interest while you rehab: $1,082 a month on the $130,000 funded at closing, $1,499 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $8,991 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 Lafayette
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Experienced Investor Rate1 | 15% | 680+ | 2+ completed flips | 9.00% | 0.75% | 75% of ARV | 12-24 months | 7-14 days |
| First Flip, 10% Down2 | 10% | 660+ | First flip OK | 9.99% | 2% | 75% of ARV | 12 months | 21-30 days |
| 7.5% Down, 3+ Flips3 | 7.5% | 660+ | 3+ completed flips | 9.99% | 1.5% | 75% of ARV | 12 months | 21-30 days |
| 5% Down, 3+ Flips4 | 5% | 600+ | 3+ completed flips | 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips5 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
| 100% Financing, 2+ Flips6 | 0% (100% financing) | 620+ | 2+ completed flips | 9.50% to 12.00% | 2.5% | 70% of ARV | 9 months | 7-14 days |
- Rate and origination are the program floor; two completed projects in the last 36 months preferred.
- 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 from 12%, set per file. 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.
- 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 Lafayette prices sit right now
Before we price a Lafayette 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 Lafayette median sale price at $246K for the three months ending September 2026, down 1.1% on a year earlier, with homes selling in around 59 days. Zillow’s average home value for the city is $224,537, up 1.9%. In 70503, covering the Oil Center and Bendel Gardens, Redfin’s median is $245K, down 11.7%, with homes selling in about 47 days.
| Median sale price (Redfin) | $246K |
| Days on market (Redfin) | 59 |
| Typical home value (Zillow) | $224,537 |
| 70503 median sale (Redfin) | $245K |
Sources: Redfin, Lafayette housing market · Zillow, Lafayette home values · Redfin, 70503 housing market
How a Lafayette file actually gets priced
Appraisers in Lafayette Parish lean on the subdivision and the school zone, and they compare a renovated 1960s ranch against nearby new builds with a skeptical eye. We set the after repair value from finished resales of similar age close by, not from new construction in the south end. A house near the Oil Center or the Saint Streets can carry a premium for the location, but only if the finish level matches what is selling there.
Coulees and the Vermilion River drain the city, and the 2016 floods put water into homes here that were not in a mapped flood zone, so check the history, not just the map. Insurance is expensive across south Louisiana, and the wind and hail deductible matters as much as the premium. Slab ranches can hide old cast iron drains and settlement cracks. Permits run through Lafayette Consolidated Government, so budget for inspections on electrical and plumbing.
Who buys your finished Lafayette deal
The finished house sells to nurses and doctors, university staff, energy engineers and young families who grew up in Acadiana and want to stay. Homes near campus also rent well to graduate students and staff, so a long-term rental with a DSCR refinance is a sensible fallback. Price the resale against other renovated older homes, because new subdivisions to the south set a ceiling a dated neighborhood cannot clear.
Your whole loan, in one portal
Apply once and the whole Lafayette 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 Lafayette
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Lafayette.
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 Lafayette
We broker deals across the whole Lafayette 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 Louisiana, 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 7-14 days with completed flips and 21-30 days on a first flip. We stay on title and the lender through funding.
Lafayette hard money FAQ
Do you lend hard money in Lafayette?
Which fix and flip programs apply in Lafayette?
How fast can a Lafayette hard money loan close?
How much do I need to bring to close on a Lafayette flip?
Do you fund the rehab budget in Lafayette?
What credit score do I need for a Lafayette fix and flip loan?
Can I refinance a Lafayette flip into a rental loan?
What happens if a Lafayette house is coming out of an estate?
Does the oil market affect a Lafayette flip?
Before you sign anything
Ready to fund your Lafayette deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.