Broker, not a lenderHard Money Lenders inOlathe, Kansas
Fix and flip, DSCR rental and new construction financing for Olathe 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 an Olathe deal right now
Prefilled with a realistic Olathe deal. Change any number and it reprices instantly on the lanes licensed in Kansas, using the same engine behind our term sheets.
Financing a deal in Olathe
Olathe is the Johnson County seat and one of the fastest-growing cities in the Kansas City metro. Garmin’s headquarters, Olathe Health and the county government anchor the jobs, and the Olathe school district draws families. Most of the housing is 1980s and newer, so flips here come from a narrower slice: dated 1960s and 1970s ranches and split-levels on the east side and in the older core around downtown. Prices are high for the Midwest, so the example deal is bigger than our other Kansas pages.
In Olathe, the competition for a dated house is the main hurdle. Buyers in this market will pay for an updated split-level in a good school area, and owner-occupants often bid on the same tired houses you want. Off-market leads and estate sales matter more here than in cheaper markets. Once the house is renovated, the demand is there, and a well-priced flip rarely waits long.
What an Olathe deal looks like on paper
Olathe example: $300,000 purchase, $65,000 rehab, $510,000 after repair value, 730 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Picture a late-1970s split-level in east Olathe: roof, windows, an opened-up kitchen, two baths, flooring throughout and a lower level that finally feels like living space. 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$36,500
- Origination (2.13%)Lender$6,981
- Lender fees (flat)Lender$2,790
- Broker fee (1%)Broker$3,285
- Title and closing (estimate at Texas rates)Title$3,959
- Prepaid interest (15 days)Lender$1,349
- Property insuranceInsurer$3,468
- AppraisalAppraiser$550
Interest while you rehab: $2,194 a month on the $263,500 funded at closing, $2,735 once every draw is out. Proof of funds is cash to close plus $17,550 of rehab reserve and $16,409 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 Olathe
| 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 |
| Fastest Close (3 days) | 10% | No minimum | First flip OK | 11.99% | 2% | 75% of ARV | 6 months | 72 hours |
- 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 Olathe prices sit right now
Before we price an Olathe 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 Olathe median sale price at $466K for the three months ending September 2026, up 5.1% from a year earlier, with homes selling after about 17 days on the market.
| Median sale price, Olathe (Redfin, 3 months to Sep 2026) | $466K |
| Year over year change in median (Redfin) | +5.1% |
| Days on market, Olathe (Redfin) | 17 |
Sources: Redfin, Olathe housing market
How an Olathe file actually gets priced
Kansas deeds carry no sale price, so Johnson County appraisers build value from MLS closings, and the Olathe comp set is deep enough that a fresh 90-day pull usually works. We match by era and layout, because an updated split-level and a 2005 two-story with the same square footage don’t trade at the same price. HOA dues and covenants are common in the subdivisions, and we check them on any house that has one. The renovation budget gets the same review as the ARV: roofs, windows and lower-level water intrusion are where Olathe bids grow.
The clay soils here swell and shrink, which shows up as cracked foundation walls and wet lower levels, so get a foundation look on anything older. Hail claims are routine in Johnson County, and insurers price on roof age. Creeks like Mill Creek and Cedar Creek carry mapped floodplain through parts of town, so check the address. Many 1970s subdivisions also have HOAs with exterior rules, so read the covenants before you change siding colors or fences. Permits run through the City of Olathe.
Who buys your finished Olathe deal
The finished Olathe house sells to a family who wants the school district and a commute to Garmin, the county offices or downtown Kansas City, usually with conventional financing. They expect an inspection without surprises, so mechanicals and the roof matter as much as the kitchen. Price against recently updated houses in the same subdivision, not against new construction, and the house should move. Rentals are possible, but the rent-to-price math is tight here, so plan on selling.
Your whole loan, in one portal
Apply once and the whole Olathe 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 Olathe
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Olathe.
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 Olathe
We broker deals across the whole Olathe 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 Kansas, 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
As little as 72 hours on the fastest program, 7-30 days on the others. We stay on title and the lender through funding.
Olathe hard money FAQ
Do you lend hard money in Olathe?
Which fix and flip programs apply in Olathe?
How fast can an Olathe hard money loan close?
How much do I need to bring to close on an Olathe flip?
Do you fund the rehab budget in Olathe?
What credit score do I need for an Olathe fix and flip loan?
Can I refinance an Olathe flip into a rental loan?
Are there houses worth flipping in Olathe?
How much do I need to bring for a first flip in Olathe?
Before you sign anything
Ready to fund your Olathe deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.