Hard Money Lenders in Pittsburgh, PA | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inPittsburgh, Pennsylvania

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

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price a Pittsburgh deal right now

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

Pittsburgh is a hillside city of brick houses built for mill and rail workers a century ago, and flipping here means dealing with the terrain as much as the kitchen. Neighborhoods like Brookline, Carrick and Beechview sit on steep slopes above the rivers, with retaining walls, long exterior stairs and basements dug into the hill. Redfin has the city median up about eight percent on a year ago while homes take close to two months to sell, so the carry deserves as much thought as the finish.

The Pittsburgh deal is about the ground under the house and the tax on top of it. Hillside lots bring retaining walls, slope movement and drainage problems that don’t show up in a listing photo, and a failing wall can cost more than the kitchen. On the paperwork side, Pittsburgh’s combined transfer tax is 5%, among the highest anywhere, and it applies on both your purchase and your sale. We ask about the lot and price the tax before we shop the file, because both change what the spread really is.

What a Pittsburgh deal looks like on paper

Pittsburgh example: $140,000 purchase, $60,000 rehab, $285,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Say a 1920s brick house in Brookline: kitchen, two baths, new electric, a regraded yard to move water away from the foundation, and a sewer lateral scope. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$179,000
Cash to close$33,123
Proof of funds to show$57,817
Where the $33,123 goes
  • Down payment (15% of the purchase)You$21,000
  • Origination (0.5%)Lender$2,000
  • Lender fees (flat)Lender$1,989
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,220
  • Prepaid interest (15 days)Lender$464
  • Property insuranceInsurer$1,900
  • AppraisalAppraiser$550

Interest while you rehab: $941 a month on the $119,000 funded at closing, $1,416 once every draw is out. Proof of funds is cash to close plus $16,200 of rehab reserve and $8,494 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 Pittsburgh

Swipe the table for rates, credit and terms →

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Best Rate15% of purchase700+First flip OK8.99% to 9.49%0.5%70% of ARV12 months5-14 days
First Flip, 10% Down110% of purchase + rehab660+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips27.5% of purchase + rehab660+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 5+ Flips35% of purchase660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
100% Financing, 2+ Flips40% (100% financing)620+2+ completed flips9.50% to 12.00%2.5%70% of ARV9 months7-14 days
Fastest Close (3 days)10% of purchaseNo minimumFirst flip OK11.99%2%75% of ARV6 months72 hours
  1. 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.
  2. 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.
  3. Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
  4. 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 Pittsburgh prices sit right now

Before we price a Pittsburgh 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 Pittsburgh median sale price at $275K for the three months ending August 2026, up 8.2% on a year earlier, with homes selling in about 57 days. Zillow’s home value index for the city is $239,865 (updated 8/31/2026), down 1.0%, with average rent at $1,545. Zillow puts Lower Lawrenceville at $345,009 and Upper Hill at $129,617.

Median sale price, Pittsburgh (Redfin, 3 months to Aug 2026)$275,000
Days on market, Pittsburgh (Redfin)57
Zillow home value index, Pittsburgh (Aug 2026)$239,865
Average rent, Pittsburgh (Zillow, Aug 2026)$1,545
Realty transfer tax inside Pittsburgh5%

Sources: Redfin, Pittsburgh housing market, Zillow, Pittsburgh home values, Allegheny County, Realty Transfer Taxes

How a Pittsburgh file actually gets priced

Pittsburgh ARVs are neighborhood by neighborhood, and a river or a hill can split two values sharply. Lawrenceville and Bloomfield trade at a level Carrick and Beechview do not, even though the houses look alike. We set the ARV from renovated sales in the same neighborhood from the last few months, and we look at the days on market on those comps, since a slower market means the appraiser leans on closed sales, not asking prices. An appraiser will note visible wall cracking or slope issues, so fix those before the final inspection.

Landslides are a real Pittsburgh risk, especially after wet springs, and a standard homeowner policy usually doesn’t cover earth movement. Look hard at retaining walls, cracked foundations and sloped yards before you buy. Most houses predate 1940, so plan for knob and tube wiring, old clay or cast iron sewer lines that break under trees, and lead paint. Permits for structural, electrical and plumbing work go through the city’s Permits, Licenses and Inspections department, and a hillside wall repair can need an engineer.

Who buys your finished Pittsburgh deal

A renovated Pittsburgh house sells to a first-time buyer or a young professional working in health care, the universities or tech, and buyers here are value-minded, so keep the finish in line with the neighborhood. In Brookline and Greenfield, families want a usable yard and parking, which are scarce on the hills. Rental demand is steady, with Zillow’s city average rent above fifteen hundred a month, so a DSCR refinance (a rental loan qualified on the rent) is a real fallback if the sale runs long.

What happens after you apply

Apply once and the whole Pittsburgh 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 Pittsburgh

Fix and flip

10%down on a first flip
Rates
from 8.99% at 760+ credit
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 Pennsylvania →

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 Pennsylvania →

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 Pennsylvania →

Where we lend in Pittsburgh

We broker deals across the whole Pittsburgh market. The submarkets investors ask us about most are Brookline (15226), Carrick (15210), Lawrenceville (15201), Bloomfield (15224), Beechview and Mount Washington (15216 / 15211), Greenfield (15207), Troy Hill and the North Side (15212) and Stanton Heights (15201).

How long does a Pittsburgh 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 Pennsylvania, and the rate, origination, leverage and cash to close come back side by side. 5-14 days to fund, as little as 72 hours on the fastest programs. We stay on title and the lender through funding.

Pittsburgh hard money FAQ

Do you lend hard money in Pittsburgh?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Pittsburgh 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 Pennsylvania, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Pittsburgh?
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, 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); Fastest Close (3 days) (10% down, from 11.99%). 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 Pittsburgh hard money loan close?
As little as 72 hours. Most Pittsburgh fix and flip files fund in 5-14 days once the file is complete, and the 72-hour programs close that fast when title and insurance are ready. 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 a Pittsburgh flip?
The worked example on this page is a $140,000 Pittsburgh purchase with a $60,000 rehab and a $285,000 after repair value at 700 credit, first flip: $21,000 down (15% of the purchase) and $33,123 total cash to close, with $57,817 of proof of funds to show the lender. The lowest down payment for a first flip in Pittsburgh is 10% down from 9.99% at 660+ 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 Pittsburgh?
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 Pittsburgh fix and flip loan?
One Pittsburgh program has no credit floor at all, it is priced on speed rather than credit. 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 a Pittsburgh flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Pittsburgh 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.
How much is the transfer tax on a Pittsburgh flip?
Inside the city the combined realty transfer tax is 5% of the price, made up of state, city and school district shares. Buyer and seller customarily split it, so on a flip you pay your share when you buy and again when you sell. It’s one of the biggest closing costs in the deal, so put both halves in your numbers from the start.
Will a lender finance a Pittsburgh house with a bad retaining wall?
Often yes, if the wall repair is in the scope and budget. The lender and the appraiser want to see the fix planned and priced, sometimes with an engineer’s letter for a large wall. What sinks a deal is finding the wall after closing. Get it inspected before you commit, and tell us about it when you send the file.
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 Pittsburgh: Philadelphia, Harrisburg, Wheeling and Morgantown. More Pennsylvania city guides: Allentown, Erie, Reading and Scranton. Or see everything we fund in Pennsylvania.

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