Hard Money Lenders in Omaha, NE | Fix & Flip | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inOmaha, Nebraska

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

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price an Omaha deal right now

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

Omaha is a stable, fast-moving Midwest market with a lot of old housing. Benson, Dundee, Florence and the neighborhoods north and south of downtown are full of homes from the 1900s to the 1940s: bungalows, foursquares and story-and-a-halfs with basements. Out west in Millard, the stock is 1970s and 80s split-levels. The worked example is an investor who has done a few already, but a first Omaha flip can be financed too. In Nebraska a first flip can be priced at 10% down with 660+ credit (from 9.99%). Programs that need completed flips: 15% down from 9.00% with 2+ flips; 7.5% down from 9.99% with 3+ flips; 5% down from 9.99% with 5+ flips; and 100% financing from 9.50% with 2+ flips when purchase plus rehab fits under 70% of ARV.

Lead is the Omaha issue most out-of-town investors miss. The eastern part of the city sits inside the Omaha Lead Superfund Site, the result of decades of smelter emissions, and the EPA still tests and cleans yards at eligible homes. On top of that, most of these houses were painted before 1978. Plan lead-safe work practices into the scope and check the yard status on east Omaha addresses. The other thing that shapes a deal here is speed. Homes go under contract quickly, so a finished house priced right won’t cost you much in carry.

What an Omaha deal looks like on paper

Omaha example: $165,000 purchase, $50,000 rehab, $300,000 after repair value, 700 credit, 4+ completed flips. The engine puts that borrower on the 7.5% Down, 3+ Flips program at 9.99%. Picture a 1920s Benson bungalow: knob-and-tube wiring out, new boiler or furnace, kitchen, bath, lead-safe paint work and a dry basement. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$198,875
Cash to close$30,669
Proof of funds to show$54,103
Where the $30,669 goes
  • Down payment (7.5% of purchase plus rehab)You$16,125
  • Origination (1.63%)Lender$3,232
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,318
  • Prepaid interest (15 days)Lender$611
  • Property insuranceInsurer$2,043
  • AppraisalAppraiser$550

Interest while you rehab: $1,239 a month on the $148,875 funded at closing, $1,656 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $9,934 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 Omaha

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 Omaha prices sit right now

Before we price an Omaha 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 Omaha median sale price at $293K for the three months ending August 2026, up 4.6% from a year earlier, with homes selling in about 16 days.

Median sale price, Omaha (Redfin, 3 months to Aug 2026)$293K
Days on market, Omaha (Redfin)16
Year over year change in median (Redfin)+4.6%

Sources: Redfin, Omaha housing market, EPA, Omaha Lead Superfund Site, City of Omaha, rental registration program overview

How an Omaha file actually gets priced

We comp Omaha houses by neighborhood and era. A Dundee foursquare and a North Omaha bungalow a few miles apart trade at very different values, and appraisers don’t mix them. Closed sales from the last three months within the same neighborhood set the ARV. On older houses, the budget items that decide whether the deal works are the mechanicals: boilers, old wiring, clay sewer lines and basement walls that have started to bow. A contractor bid that covers those tells us more than a comp list does.

East Omaha lead is the first check, both paint inside the house and soil in the yard. Basement water and bowed foundation walls are common in the older neighborhoods. Low areas near the Missouri River and Papillion Creek can sit in a floodplain, and the 2019 flooding is a reminder to check the map. If you plan to rent the house, Omaha’s rental registration and inspection ordinance requires rental properties to be registered, with inspections scheduled after written notice to the owner and tenant. Budget for passing it.

Who buys your finished Omaha deal

A finished Omaha house sells to a local first-time buyer, a young professional who wants an older neighborhood like Benson or Dundee, or a family from Offutt Air Force Base, and houses priced to the street sell quickly. Keep the finish in line with the neighborhood, because buyers here are value-minded. If the sale numbers get tight, the DSCR rental exit is realistic in North and South Omaha, but the house has to be registered and ready for inspection.

What happens after you apply

Apply once and the whole Omaha 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 Omaha

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 Nebraska →

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 Nebraska →

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 Nebraska →

Where we lend in Omaha

We broker deals across the whole Omaha market. The submarkets investors ask us about most are Benson (68104), Dundee and Memorial Park (68132), Aksarben and Elmwood Park (68106), Florence (68112), North Omaha (68111 / 68110), South Omaha (68107) and Millard (68137).

How long does a Omaha 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 Nebraska, 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.

Omaha hard money FAQ

Do you lend hard money in Omaha?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Omaha 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 Nebraska, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Omaha?
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 an Omaha hard money loan close?
In Nebraska, 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 an Omaha flip?
The worked example on this page is a $165,000 Omaha purchase with a $50,000 rehab and a $300,000 after repair value at 700 credit, 4+ completed flips: $16,125 down (7.5% of purchase plus rehab) and $30,669 total cash to close, with $54,103 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 Omaha?
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 Omaha fix and flip loan?
The lowest credit floor among the Omaha 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 an Omaha flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way an Omaha 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.
Can I get a hard money loan for my first flip in Omaha?
Yes. In Nebraska a first flip can be priced at 10% down with 660+ credit (from 9.99%). Programs that need completed flips: 15% down from 9.00% with 2+ flips; 7.5% down from 9.99% with 3+ flips; 5% down from 9.99% with 5+ flips; and 100% financing from 9.50% with 2+ flips when purchase plus rehab fits under 70% of ARV. Set the calculator to “This is my first” to see the cash to close on a first flip.
How does the Omaha lead Superfund site affect a flip?
Much of east Omaha is inside the EPA’s Omaha Lead Superfund Site, where yards have been tested and cleaned because of lead from old smelting operations. It doesn’t stop a flip, but you should check the yard’s status, use lead-safe work practices on painted surfaces in pre-1978 houses and disclose what you know. Buyers with young kids will ask.
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 Omaha: Lincoln, Overland Park, Bellevue and Sioux City. More Nebraska city guides: Grand Island and Kearney. Or see everything we fund in Nebraska.

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