Broker, not a lenderHard Money Lenders inLubbock, Texas
Fix and flip, bridge and purchase only, DSCR rental and new construction financing for Lubbock 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 Lubbock deal right now
Prefilled with a realistic Lubbock deal. Change any number and it reprices instantly on the lanes licensed in Texas, using the same engine behind our term sheets.
Financing a deal in Lubbock
Lubbock is a university and hospital town with some of the lowest entry prices of any Texas city we lend in, and that changes what a flip looks like. The central neighborhoods between Texas Tech and Loop 289, Tech Terrace, Heart of Lubbock, Maxey Park and South Overton, are 1930s to 1960s bungalows and ranches on brick streets, and a lot of them sell to landlords rather than owner-occupants. Southwest Lubbock is where the new construction is, and where the move-up buyer goes. The flips are in the middle.
The Lubbock deal is decided by inventory. This is one of the deepest buyer’s markets in Texas, with months of supply and a large share of listings taking price cuts, and it has been that way for more than a year. A finished house priced against last year’s comps sits. The other line is the roof. Lubbock is a top-three hail city in the state, insurers cap payouts on roofs past ten to fifteen years, and a new roof affidavit rule takes effect in October 2026, so the roof is a line item on almost every file. Buy at a real discount, budget the roof, and price the exit to move.
What a Lubbock deal looks like on paper
Lubbock example: $105,000 purchase, $40,000 rehab, $200,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1950s ranch in Heart of Lubbock: roof, HVAC, kitchen, baths and paint, priced to move in a buyer’s market. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (15%)You$15,750
- Origination (0.5%)Lender$2,000
- Doc prepLender$749
- Broker fee (1%)Broker$2,000
- Title and closingTitle$2,974
- Prepaid interest (15 days)Lender$504
- Property insuranceInsurer$1,378
- AppraisalAppraiser$550
Interest while you rehab: $706 a month on the $89,250 funded at closing, $1,022 once every draw is out. Proof of funds is cash to close plus $12,000 of rehab reserve and $6,133 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 Lubbock
| 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% | 75% of ARV | 12 months | 14 days |
| New Investor Program | 12.5% | 700+ | First flip OK | 9.75% | 1% | 75% of ARV | 12 months | 72 hours |
| 5% Down, 3+ Flips1 | 5% | 600+ | 3+ completed flips | 11.00% to 12.00% | 2% | 75% of ARV | 12 months | 7-14 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 |
| Fastest Close (3 days) | 10% | No minimum | First flip OK | 11.99% | 2% | 75% of ARV | 6 months | 72 hours |
- 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.
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 September 2026. Strong credit, cash and a track record can price lower through specific lenders in the network. The 5% down and 100% financing lanes are major-metro programs and are not shown for Lubbock.
What the Lubbock comps say
Redfin puts the Lubbock median sale price at $249,000 for the three months ending August 2026, about 4% above a year earlier, with homes going pending in 44 days. Zillow’s home value index for the city is $212,039. The central flip pockets sit far under that: Redfin’s Heart of Lubbock median is $134,000 and 79412 is $125,000, while 79413 between Tech and the loop is $220,000 and moving in 28 days.
| Median sale price, Lubbock (Redfin, 3 months to Aug 2026) | $249,000 |
| Days on market, Lubbock (Redfin) | 44 |
| Zillow home value index, Lubbock (Aug 2026) | $212,039 |
| Median sale price, Heart of Lubbock (Redfin) | $134,000 |
| Median sale price, 79412 (Redfin) | $125,000 |
| Median sale price, 79413 Central / South (Redfin) | $220,000 |
Sources: Redfin, Lubbock housing market · Zillow, Lubbock home values · Redfin, Heart of Lubbock housing market · City of Lubbock, floodplain (playa lakes) · City of Lubbock, Building Safety (roof affidavit, Oct 2026)
How a Lubbock file actually gets priced
A Lubbock ARV is set inside a small radius, because the central neighborhoods are separated by real price lines. Tech Terrace commands a premium that Heart of Lubbock three blocks away does not, and an appraiser will not carry a 79413 comp into 79412. We use closed sales from the same neighborhood in the last 90 days, we check the days on market on those comps, and we treat a comp that took a cut as the honest number. On the older stock we want the foundation looked at: the caliche and clay under central Lubbock move with drought and irrigation cycles, and the pre-1960 slabs and pier-and-beam houses show it.
Lubbock has no river; it has playa lakes, and the flood zones sit around them and along the canyon. A 2008 storm dropped nearly eight inches in a day, and new construction is required to sit a foot above the curb for a reason. Pull the playa map before you buy in central or east Lubbock. Wind and hail are the insurance story: record gusts, dozens of severe hail days a decade, one to two percent wind and hail deductibles. Permits run through the city’s Citizen Self Service portal, contractors register with a bond, and a non-occupant owner can only pull structural permits themselves, so the trades need licensed subs. Inside the historic preservation overlay, historic masonry cannot be painted and siding over original material is prohibited.
Who buys your finished Lubbock deal
A finished central Lubbock house exits two ways, and the numbers decide which. Under about 175 thousand the buyer is often another investor or a first-time buyer, and the rental math is strong because Texas Tech and the two hospital systems keep demand steady, so a DSCR refinance is a real ending. Tech Terrace and the south side exit to faculty, physicians and move-up families who compare your house to a new build in 79424 with a warranty. Price against that inventory. The buyer’s market means days on market run long, so the carry assumption needs a longer runway than a Dallas flip.
Your whole loan, in one portal
Apply once and the whole Lubbock 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 Lubbock
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Lubbock.
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.
Bridge & Purchase Only
For clean properties that need speed rather than rehab money. Auction buys, off-market deals, and 1031 timing.
New Construction
Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.
Where we lend in Lubbock
We broker deals across the whole Lubbock 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 Texas, 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
7 to 10 days typical. We stay on title and the lender through funding.
Lubbock hard money FAQ
Do you lend hard money in Lubbock?
Which fix and flip programs apply in Lubbock?
How fast can a Lubbock hard money loan close?
How much do I need to bring to close on a Lubbock flip?
Do you fund the rehab budget in Lubbock?
What credit score do I need for a Lubbock fix and flip loan?
Can I refinance a Lubbock flip into a rental loan?
Why are the 5% down first-flip and 100% financing programs not on the Lubbock page?
Does the Texas Tech rental market change how I should flip in Lubbock?
Before you sign anything
Ready to fund your Lubbock deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.