Hard Money Lenders in Oklahoma City, OK | Fix & Flip Loans | Capital Kings LLC
Broker, not a lender

Hard Money Lenders inOklahoma City, Oklahoma

Fix and flip, DSCR rental and new construction financing for Oklahoma City 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 an Oklahoma City deal

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

Reviewed by Micah Foster, Founder & CEO · October 2026
How we work

What you get working with us

400+
Lenders we shop your deal across
5-14
Days to fund, typical
100%
Of rehab funded, released in draws
8.99%
Rates from, in Oklahoma
Run the numbers

Price an Oklahoma City deal right now

Prefilled with a realistic Oklahoma City deal. Change any number and it reprices instantly on the lanes licensed in Oklahoma, using the same engine behind our term sheets.

Enter your numbers to see the program, loan size and cash to close.
Get a real term sheet →Same math as our term sheet. No credit pull, nothing saved.
The market

Financing a deal in Oklahoma City

Oklahoma City is cheap to buy into and huge on the map. The city covers hundreds of square miles, and the flip stock is mostly 1940s to 1960s brick ranches on slab or crawl space, spread from the near northwest out to Capitol Hill on the south side. Tinker Air Force Base, the FAA center, the medical district and energy jobs keep a steady buyer pool.

The OKC deal is decided by the school district, not the city. Because the city is so large, an Oklahoma City address can sit in Oklahoma City Public Schools, Putnam City, Western Heights, Mid-Del, Moore or Deer Creek, and buyers price those very differently. Two ranches with the same footprint a mile apart can sell far apart because of the school line. We check the district on every parcel before we set the after repair value.

A real term sheet

What an Oklahoma City deal looks like on paper

Oklahoma City example: $135,000 purchase, $45,000 rehab, $250,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Picture a 1950s brick ranch in Mayfair Heights with a hail-worn roof, a cracked slab corner, original baths and a kitchen nobody has touched since the 1980s. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$159,750
Cash to close$31,007
Proof of funds to show$52,087
Where the $31,007 goes
  • Down payment (15% of the purchase)You$20,250
  • Origination (0.5%)Lender$2,000
  • Doc prepLender$749
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,125
  • Prepaid interest (15 days)Lender$623
  • Property insuranceInsurer$1,710
  • AppraisalAppraiser$550

Interest while you rehab: $907 a month on the $114,750 funded at closing, $1,263 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $7,580 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.

Programs

What we can fund in Oklahoma City

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Best Rate15%700+First flip OK8.99% to 9.49%0.5%75% of ARV12 months5-14 days
First Flip, 10% Down110%680+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips27.5%680+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 3+ Flips35%600+3+ completed flips11.00% to 12.00%2%75% of ARV12 months7-14 days
5% Down, 5+ Flips45%660+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. Loans of $150,000 and up. Smaller loans are priced per file. Rate 9.99% at 2 to 2.25 points by credit; buy down to 8.99%. 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.
  2. Loans of $150,000 and up. Smaller loans are priced per file. Rate 9.99% at 1.5 to 1.75 points by credit; buy down to 8.99%. 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. Origination steps down with experience: 1.5% at 5+ deals, 1% at 8+.
  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% 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.

What we check first

Where Oklahoma City prices sit right now

Before we price an Oklahoma City 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 Oklahoma City median sale price at $275K for the three months ending September 2026, up 0.9% on a year earlier, with homes selling in around 41 days. Zillow’s average home value for the city is $204,979, up 0.3%. In 73112, the near northwest ranch belt, Redfin’s median is $192K, down 10.7%, with homes selling in about 30 days.

Median sale price (Redfin)$275K
Days on market (Redfin)41
Typical home value (Zillow)$204,979
73112 median sale (Redfin)$192K

Sources: Redfin, Oklahoma City housing market · Zillow, Oklahoma City home values · Redfin, 73112 housing market

Underwriting

How an Oklahoma City file actually gets priced

OKC appraisers comp inside the same school district and the same side of the major section-line roads, so we do the same. We set the after repair value on renovated ranches matched on square footage, garage and bath count. Homes sell fairly fast here, which helps the carry, but the near northwest has softened this year, so we use recent closed sales, not last spring’s. The roof and the foundation are the two lines appraisers and buyers’ inspectors care about most.

Hail, wind and tornadoes are the big local risks. Many policies carry a separate wind and hail deductible set as a percentage of the dwelling value, so read the deductible, not only the premium. A newer impact-rated roof helps the insurance and the resale. Expansive red clay moves slabs and pier foundations, so get an engineer’s look at any cracks. Permits run through the city’s Development Services, and some near-downtown areas like Heritage Hills and Mesta Park are historic preservation districts.

The exit

Who buys your finished Oklahoma City deal

The finished OKC ranch sells to a first-time buyer, a military family from Tinker or a medical worker, and a lot of them use FHA or VA, so the house has to clear a condition-focused appraisal. A storm shelter or safe room is a real selling point here. Rents in many OKC neighborhoods support a DSCR refinance, so if the sale is slow, holding the house is a practical exit.

After you apply

Your whole loan, in one portal

Apply once and the whole Oklahoma City 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.
What happens after you apply →Tour the borrower portal
Loan products

What we fund in Oklahoma City

Fix & Flip

Purchase plus 100% of rehab, released in draws. The core product in Oklahoma City.

15% down from 8.99% at 700+ credit · 10% down from 9.99% at 680+ credit

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.

30-year · no income docs

New Construction

Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.

Land + build financing
Coverage

Where we lend in Oklahoma City

We broker deals across the whole Oklahoma City market. These are the submarkets investors ask us about most:

Mayfair Heights and Windsor Area (73112)Capitol Hill and South OKC (73109)Classen-Ten-Penn and the Plaza edge (73106)Putnam Heights and Crown Heights fringe (73118)Del City border and Southeast OKC (73115)Northeast OKC (73111)
Process

From deal to funded

01

Send the deal

Address, purchase price, rehab budget and your ARV. Three minutes, no credit pull.

02

We shop it

Your scenario goes to the lenders in our network that actually fit it and are licensed in Oklahoma, not all 400 at once.

03

Real terms back

Rate, origination, leverage and cash to close side by side, so you can compare on total cost.

04

Close

5-14 days to fund. We stay on title and the lender through funding.

Questions

Oklahoma City hard money FAQ

Do you lend hard money in Oklahoma City?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Oklahoma City 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 Oklahoma, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Oklahoma City?
As of October 2026: Best Rate (15% down, from 8.99%); 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, 3+ Flips (5% down, from 11.00%, 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 an Oklahoma City hard money loan close?
Most Oklahoma City fix and flip files fund in 5-14 days once the file is complete. The First Flip, 10% Down program and the 7.5% Down, 3+ Flips program close 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 an Oklahoma City flip?
The worked example on this page is a $135,000 Oklahoma City purchase with a $45,000 rehab and a $250,000 after repair value at 730 credit, first flip: $20,250 down (15% of the purchase) and $31,007 total cash to close, with $52,087 of proof of funds to show the lender. The lowest down payment for a first flip in Oklahoma City is 10% down from 9.99% at 680+ credit. 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 Oklahoma City?
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 an Oklahoma City fix and flip loan?
The lowest credit floor among the Oklahoma City programs is 600, on 5% down with 3+ completed flips. A first flip needs 680 or higher. The lowest rate here, 8.99%, needs 760+ credit. Depending on the program, rates step down at 760 credit and 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 an Oklahoma City flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way an Oklahoma City 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.
What is an abstract, and does it slow an Oklahoma City closing?
Oklahoma is an abstract state. Each property has an abstract of title, a written history of every recorded transaction, and an abstract company updates it before an attorney or title company examines it for the title policy. If the seller can’t find the original abstract, a new one has to be built, which adds time. Ask the seller for it as soon as you’re under contract.
Should I replace the roof on an OKC flip?
Often, yes. Hail is a fact of life here, and buyers’ inspectors and insurers look hard at roof age and damage. A new roof, especially an impact-rated one, can lower the buyer’s insurance and remove the biggest objection at inspection. Budget it in the scope from the start rather than hoping the old one passes.
Who you are working with
Micah Foster
Founder & CEO
Micah Foster
Micah brokers Non-QM and hard money loans for real estate investors across 37 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.
Send Micah your Oklahoma City deal →
Keep reading

Before you sign anything

Cash Needed
Cash to close on a flip: the number most investors miss
Read article →
Term Sheet
How to get an instant hard money term sheet
Read article →
Broker
Direct hard money lender vs broker: the honest breakdown
Read article →
Hard Money
Points, fees & rate: how to compare hard money lenders
Read article →
Hard money in Wichita →Hard money in Dallas →Hard money in Fort Worth →All Oklahoma coverage →

Ready to fund your Oklahoma City deal?

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