Hard Money Lenders in Missoula, MT | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inMissoula, Montana

Fix and flip, DSCR rental and new construction financing for Missoula 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 Missoula deal

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price a Missoula deal right now

Prefilled with a realistic Missoula deal. Change any number and it reprices on the programs that lend in Montana, 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 Missoula

Missoula is a university and outdoor town squeezed into a mountain valley, and the valley walls are the whole story: there isn't much room to build, so older houses near the river and the university carry prices that surprise people from out of state. The flip stock is the small early 1900s cottages on the Northside and Westside, the post-war houses in Franklin to the Fort, and the occasional estate sale in the University District. South Hills and Linda Vista are newer and mostly need cosmetics.

Missoula prices have come off their peak, and that changes the flip. Buyers here are careful and homes sit longer than they did a year ago, so the purchase price has to account for a softer exit. The houses themselves are old. Stone and brick foundations, knob and tube wiring, galvanized plumbing and one-bath layouts are normal near downtown, and a real Missoula scope usually adds a bath or rebuilds the systems rather than just painting.

What a Missoula deal looks like on paper

Missoula example: $340,000 purchase, $70,000 rehab, $560,000 after repair value, 700 credit, 4+ completed flips. The engine puts that borrower on the 7.5% Down, 3+ Flips program at 9.99%. Say a 1920s Northside cottage with a stone foundation, knob and tube wiring, one bath and a kitchen nobody has touched in decades. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$379,250
Cash to close$53,420
Proof of funds to show$91,264
Where the $53,420 goes
  • Down payment (7.5% of purchase plus rehab)You$30,750
  • Origination (1.63%)Lender$6,163
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$3,793
  • Title and closing (estimate at Texas rates)Title$4,209
  • Prepaid interest (15 days)Lender$1,270
  • Property insuranceInsurer$3,895
  • AppraisalAppraiser$550

Interest while you rehab: $2,575 a month on the $309,250 funded at closing, $3,157 once every draw is out. Proof of funds is cash to close plus $18,900 of rehab reserve and $18,944 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.

Fix and flip programs in Missoula

Swipe the table for rates, credit and terms →

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Experienced Investor Rate115% of purchase680+2+ completed flips9.00%0.75%75% of ARV12-24 months7-14 days
First Flip, 10% Down210% of purchase + rehab660+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips37.5% of purchase + rehab660+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 5+ Flips45% of purchase660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
100% Financing, 2+ Flips50% (100% financing)620+2+ completed flips9.50% to 12.00%2.5%70% of ARV9 months7-14 days
  1. Rate and origination are the program floor; two completed projects in the last 36 months preferred.
  2. Rate 9.99% with 2% to 2.25% origination by credit; more origination buys the rate down as far as 8.99%. Loans under $150,000 add 0.5% to the rate and 0.5% to the origination, under $100,000 1.5% and 1%. 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.
  3. Rate 9.99% with 1.5% to 1.75% origination by credit; more origination buys the rate down as far as 8.99%. Loans under $150,000 add 0.5% to the rate and 0.5% to the origination, under $100,000 1.5% and 1%. 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.
  4. Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
  5. Needs 2 completed flips in the last two years and about $75,000 in verified liquidity. Rate 9.5% to 12% with 2% to 3% origination, set per file. Purchase plus rehab must fit under 70% of ARV.

Origination has a $2,000 minimum on most programs (a few lenders set a higher one, noted above) and our broker fee is 1% with a $2,000 minimum and a $10,000 maximum. These are the numbers our term sheets use as of October 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.

Where Missoula prices sit right now

Before we price a Missoula 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 Missoula median sale price at $525,000 for the three months ending August 2026, down 10.3% from a year earlier. Homes sold after 62 days on average, compared to 54 days a year before.

Median sale price, Missoula (Redfin, 3 months to Aug 2026)$525,000
Change from a year earlier (Redfin)-10.3%
Average days on market, Missoula (Redfin)62

Sources: Redfin, Missoula housing market

How a Missoula file actually gets priced

Missoula ARVs get set inside tight neighborhoods because the premium for walking distance to downtown, the river or campus is large. A Lower Rattlesnake sale won't carry a house in Franklin to the Fort, and a South Hills comp doesn't belong in a Northside file. With prices down from a year ago, we lean on the most recent closings and discount older ones. If the number only works with a comp from the peak, you'll hear that before the term sheet goes out.

The Clark Fork and Rattlesnake Creek both have mapped floodplains, and the Clark Fork has flooded neighborhoods in big snowmelt years, so check the map on anything low in the valley. Wildfire smoke settles into the valley most summers, which slows crews and showings for a few weeks. Winter inversions and older wood stoves bring air quality rules into some remodels. Montana's 2023 housing bills pushed cities this size to allow accessory dwellings, which can change what a lot is worth, but those rules have been challenged in court, so confirm the current zoning with Development Services before you pay for it.

Who buys your finished Missoula deal

The finished Missoula house sells to university staff, health care workers and people moving from bigger Western cities, and that last group pays for character and walkability more than square footage. The exit is slower than it was, so price for a longer listing and expect some negotiation. A lot with room for an accessory unit can sell to a different buyer entirely. Rents are strong because of the university and the tight supply, so holding the house on a DSCR loan is a fair backup.

What happens after you apply

Apply once and the whole Missoula 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.

The full walkthrough is on how it works, and you can tour the borrower portal before you apply.

What we fund in Missoula

Fix and flip

10%down on a first flip
Rates
from 9.00% at 680+ credit with 2+ completed flips
With experience
0% down with 2+ completed flips, purchase plus rehab under 70% of ARV
Rehab
100% funded, paid in draws
Fix and flip loans in Montana →

Rental (DSCR)

7.00%rates from, 30-year fixed
Qualify on
the rent, no W-2s or tax returns
Down
from 20% at 700+ credit
Good for
buy-and-hold, and the refinance when a flip becomes a rental
DSCR loans in Montana →

New construction

95%of cost with a financed interest reserve, after 1 completed build
Rates
from 8.49% with 5+ completed builds
First build
85% of cost with a GC who has 5+ builds
Builds
single family to small multifamily
New construction loans in Montana →

Where we lend in Missoula

We broker deals across the whole Missoula market. The submarkets investors ask us about most are Northside and Westside (59802 / 59801), Franklin to the Fort (59801), University District (59801), Lower Rattlesnake (59802), Target Range and Orchard Homes (59804) and South Hills and Linda Vista (59803).

How long does a Missoula loan take to fund?

You send the address, purchase price, rehab budget and your ARV, which takes about five minutes and no credit pull. We take it to the lenders in our network that fit it and are licensed in Montana, and the rate, origination, leverage and cash to close come back side by side. 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.

Missoula hard money FAQ

Do you lend hard money in Missoula?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Missoula 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 Montana, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Missoula?
As of October 2026: Experienced Investor Rate (15% down, from 9.00%, 2+ completed flips); 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 Missoula hard money loan close?
In Montana, once the file is complete, the programs for investors with completed flips close in 7-14 days (10-14 on 5% down with 5+ flips, 21-30 on 7.5% down with 3+ flips) and a first flip on the 10% down program closes 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 Missoula flip?
The worked example on this page is a $340,000 Missoula purchase with a $70,000 rehab and a $560,000 after repair value at 700 credit, 4+ completed flips: $30,750 down (7.5% of purchase plus rehab) and $53,420 total cash to close, with $91,264 of proof of funds to show the lender. 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 Missoula?
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 Missoula fix and flip loan?
The lowest credit floor among the Missoula 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, 9.00%, needs 680+ credit and 2+ completed flips. Depending on the program, 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 Missoula flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Missoula 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.
Is Missoula too expensive to flip?
It's expensive to buy, which means the margin has to come from real work rather than cosmetics. The flips that pencil here are the dated cottages and post-war houses near downtown that need systems, a second bath or a layout change, bought with the recent price drop in mind. If the deal only works at last year's values, it doesn't work.
Can I use a fix and flip loan in Missoula on my first deal?
Yes. In Montana a first flip can be priced at 10% down with 660+ credit (from 9.99%). The example on this page is built for an investor with a few completed flips, who gets a lower down payment; the calculator reprices the same Missoula deal for a first one. At Missoula prices, check the cash to close before you write the offer.
Micah Foster
Micah Foster
Founder & CEO, Capital Kings LLC
Micah brokers Non-QM and hard money loans for real estate investors across 38 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.

What to read before you sign a term sheet

Hard money near Missoula: Billings. More Montana city guides: Bozeman, Great Falls and Helena. Or see everything we fund in Montana.

Ready to fund your Missoula deal?

Submit your scenario in about 5 minutes. We shop it and come back with real terms, not a generic rate sheet.

Start application →Get a pre-approval letter