Broker, not a lenderHard Money Lenders inLansing, Michigan
Fix and flip, DSCR rental and new construction financing for Lansing 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 Lansing deal right now
Prefilled with a realistic Lansing 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 Lansing
Lansing is a state capital with a steady paycheck base: state government, the hospital system and a big General Motors footprint, with Michigan State next door in East Lansing. Entry prices are low enough that a first flip pencils, and the housing stock is mostly 1910s through 1950s frame and brick houses on small city lots. The flips that work are the tired two-stories and bungalows near the river and on the east side.
Lansing prices are rising faster than most of the state right now. Redfin has the median up 9.7% on a year earlier, with homes selling in about 36 days. That helps a resale, but it also means sellers price in the gains, so the margin has to come from the rehab you do rather than the market moving after you buy. Watch the address too: a Lansing mailing address can sit in a neighboring township with a different school district and a different tax bill.
What a Lansing deal looks like on paper
Lansing example: $105,000 purchase, $50,000 rehab, $225,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Say a 1920s two-story near Moores Park in 48910 that needs a furnace, a kitchen, a bath and exterior paint. 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$15,750
- 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$3,024
- Prepaid interest (15 days)Lender$348
- Property insuranceInsurer$1,473
- AppraisalAppraiser$550
Interest while you rehab: $706 a month on the $89,250 funded at closing, $1,101 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $6,607 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 Lansing
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 Lansing prices sit right now
Before we price a Lansing 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 Lansing median sale price at $164,497 for the three months ending September 2026, up 9.7% from a year earlier, with homes selling in about 36 days.
| Median sale price, Lansing (Redfin, 3 months to Sep 2026) | $164,497 |
| Change from a year earlier (Redfin) | +9.7% |
| Days on market, Lansing (Redfin) | 36 |
Sources: Redfin, Lansing housing market
How a Lansing file actually gets priced
Ingham County appraisals are straightforward when the comps are close, and the trap in Lansing is comps that look close but sit across a line that buyers care about: the river, a school district boundary, or the city limit. We match comps by school district and by side of town before we size the loan, and we look at whether the finished sales nearby were flips or long-held homes, because the appraiser does too.
The Grand River and the Red Cedar run through Lansing, and the low streets near both are in mapped floodplain, so check the flood map before you price insurance. Older houses here have shallow basements, aging sewer laterals and lead paint that matters if you hold as a rental. The city runs a rental registration and inspection program, so a rental exit needs a certificate before a tenant moves in.
Who buys your finished Lansing deal
The Lansing buyer is usually a state worker, a hospital employee or a young couple coming out of a rental, often on an FHA or MSHDA-backed loan, and they want move-in ready with updated mechanicals. Near Michigan State the exit can also be a rental to graduate students and staff, priced on a DSCR loan. Keep the finish level close to the best recent sale on the street, because Lansing buyers compare carefully.
Your whole loan, in one portal
Apply once and the whole Lansing 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 Lansing
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Lansing.
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 Lansing
We broker deals across the whole Lansing 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.
Lansing hard money FAQ
Do you lend hard money in Lansing?
Which fix and flip programs apply in Lansing?
How fast can a Lansing hard money loan close?
How much do I need to bring to close on a Lansing flip?
Do you fund the rehab budget in Lansing?
What credit score do I need for a Lansing fix and flip loan?
Can I refinance a Lansing flip into a rental loan?
Is Lansing a good market for a first flip?
Does it matter if the house has a Lansing address but sits in a township?
Before you sign anything
More Michigan city guides
Ready to fund your Lansing deal?
Submit your scenario in about 5 minutes. We shop it and come back with real terms, not a generic rate sheet.