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

Hard Money Lenders inPlano, Texas

Fix and flip, bridge and purchase only, DSCR rental and new construction financing for Plano 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 Plano deal

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price a Plano deal right now

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

Plano is a mature suburb with no room left to build, which is exactly why it flips. The city is full, the housing stock east of Preston Road is 1960s to 1980s tract on big mature lots, and every buyer who wants the corporate campuses at Legacy West and a Plano ISD address has to buy a resale. Armstrong Park, Briarwood, Los Rios, Country Place and Hunters Glen are where the dated houses are, and that is where the flips are. West Plano is a different price tier and a different buyer.

The Plano deal is decided by which side of Preston Road you are on and whether the school assignment holds. East Plano is 1970s tract with buyers who work at the campuses and want a yard. West Plano is nearly double the price per house and the buyer expects a finish to match. Plano ISD is the reason people pay the premium, and enrollment has been falling with schools closing, so confirm the current attendance zone on the district’s map before you underwrite an exit that assumes a specific school. Some far-west addresses are Frisco ISD, which prices differently again.

What a Plano deal looks like on paper

Plano example: $320,000 purchase, $75,000 rehab, $520,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1970s tract house in Armstrong Park or Los Rios: kitchen, baths, floors, roof and slab piers. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$347,000
Cash to close$64,873
Proof of funds to show$100,088
Where the $64,873 goes
  • Down payment (15% of the purchase)You$48,000
  • Origination (0.5%)Lender$2,000
  • Lender fees (flat)Lender$1,989
  • Broker fee (1%)Broker$3,470
  • Title and closingTitle$4,050
  • Prepaid interest (15 days)Lender$1,061
  • Property insuranceInsurer$3,753
  • AppraisalAppraiser$550

Interest while you rehab: $2,151 a month on the $272,000 funded at closing, $2,744 once every draw is out. Proof of funds is cash to close plus $18,750 of rehab reserve and $16,465 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 Plano

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
New Investor Program12.5% of purchase700+First flip OK9.75%1%75% of ARV12 months72 hours
First Flip, 10% Down110% of purchase + rehab660+First flip OK9.99%2%75% of ARV12 months21-30 days
Best Value5% of purchase590+First flip OK9.99% to 12.99%2%75% of ARV12 months5-14 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
Lowest Down (100% financing)0% (100% financing)No minimumFirst flip OK11.50%3%70% of ARV6 months5-14 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.

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 Plano prices sit right now

Before we price a Plano 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 Plano median sale price at $520,000 for the three months ending August 2026, about 1% above a year earlier, with homes going pending in 37 days. Zillow’s home value index for the city is $493,092, down 3.8% year over year. The east and central flip ZIPs sit well under the city number: 75074 at a $375,000 Redfin median, 75075 at $460,000 and 75023 at $465,000, against $849,000 in 75093 on the west side.

Median sale price, Plano (Redfin, 3 months to Aug 2026)$520,000
Days on market, Plano (Redfin)37
Zillow home value index, Plano (Aug 2026)$493,092
Median sale price, 75074 East Plano (Redfin)$375,000
Median sale price, 75075 Central Plano (Redfin)$460,000
Median sale price, 75023 North Central Plano (Redfin)$465,000
Median sale price, 75093 West Plano (Redfin)$849,000

Sources: Redfin, Plano housing market, Zillow, Plano home values, Redfin, 75074 housing market, Community Impact, Plano ISD enrollment (2026-09-10), City of Plano, multi-family rental registration

How a Plano file actually gets priced

Plano ARVs are among the easiest in Collin County to defend, because the tract subdivisions in 75074, 75023 and 75075 close a hundred or more sales a month and the floor plans repeat. The file gets repriced when an investor comps an Armstrong Park house against Willow Bend, or leans on a 75093 sale that skews the median with size. We set the number inside the subdivision, we use closed sales from the last 90 days, and on any pre-1990 house we want the foundation report in hand before the ARV is final, because Plano sits on some of the most expansive clay in North Texas.

Rowlett Creek, Spring Creek and the White Rock Creek watershed carry the flood zones here, and the 2024 Memorial Day storms flooded the Rowlett corridor and the Spring Creek Parkway crossing. West Plano is the least flood-prone part of the city. Foundation is the bigger everyday risk: Blackland clay under a 1970s slab means piers are common and the buyer’s inspector will look for them. Hail hits Collin County several times a year and the two percent deductible is standard. Permits run through the city’s eTRAKiT portal and the general contractor has to be registered with the city. Short-term rentals are banned citywide, so that exit is off the table.

Who buys your finished Plano deal

A finished east Plano house exits to a first-time or move-up family buyer who wants the school district and the commute, and that buyer is comparing it to the same floor plan in the next cul-de-sac, so the finish has to be right and the price has to be honest. Plano has no builder inventory of its own; the competition is a new house in Frisco or McKinney with incentives, which pulls some buyers north. Zillow has Plano values down about 4% over the year to August 2026, so the exit assumption needs a cushion. Rents are strong enough that the DSCR refinance works on a lot of 75074 and 75075 addresses, which makes the hold a real alternative when the resale margin is thin.

What happens after you apply

Apply once and the whole Plano 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 Plano

Fix and flip

0%down on a first flip, purchase plus rehab under 70% of ARV
Rates
from 8.99% at 760+ credit
Max loan
up to 75% of ARV
Rehab
100% funded, paid in draws
Fix and flip loans in Texas →

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 Texas →

Bridge and purchase only

12.5%down at 700+ credit, no rehab in the loan
Rates
from 9.75% at 680+ credit
Close
in 5-14 days
Good for
auction buys, off-market deals and 1031 timing
Purchase-only loans in Texas →

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 Texas →

Where we lend in Plano

We broker deals across the whole Plano market. The submarkets investors ask us about most are East Plano (75074), Central Plano (75075), North Central Plano (75023), West Plano (75093) and Far West Plano (75024 / 75025).

How long does a Plano 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 Texas, 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.

Plano hard money FAQ

Do you lend hard money in Plano?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Plano 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 Texas, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Plano?
As of October 2026: Best Rate (15% down, from 8.99%); New Investor Program (12.5% down, from 9.75%); First Flip, 10% Down (10% down, from 9.99%); Best Value (5% 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); Lowest Down (100% financing) (100% financing when purchase plus rehab fits under 70% of ARV, closing costs rolled in when there's room, from 11.50%); 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 Plano hard money loan close?
As little as 72 hours. Most Plano 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 Plano flip?
The worked example on this page is a $320,000 Plano purchase with a $75,000 rehab and a $520,000 after repair value at 700 credit, first flip: $48,000 down (15% of the purchase) and $64,873 total cash to close, with $100,088 of proof of funds to show the lender. The lowest down payment for a first flip in Plano is 0% down (100% financing) at 11.50% with 650+ credit (no credit minimum, priced per file below that), when purchase plus rehab fits under 70% of ARV, with the closing costs rolled into the loan when the whole loan stays under the cap, so a deal with the room brings no cash to closing. 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 Plano?
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 Plano fix and flip loan?
One Plano 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 660, 700 and 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 Plano flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Plano 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.
Does the Plano ISD address still carry a premium?
Yes, but check it. Plano ISD is the reason buyers pay more for the same house than they would in Garland or Richardson, and enrollment has been falling with several elementary schools closed, so attendance zones have moved. Confirm the current school on the district’s lookup before you underwrite an exit that depends on it, and remember some far-west Plano addresses are actually Frisco ISD.
Are Plano flips mostly foundation and cosmetics?
Usually, yes. The east and central tracts are 1970s and 1980s slab houses on Blackland clay, so the typical scope is a kitchen, baths, floors, paint, a roof if it is past fifteen years, and slab piers. Full gut jobs are rare because the bones are decent. That predictability is why Plano comps are so tight and why the ARV rarely surprises anyone.
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 Plano: McKinney and Dallas. More Texas city guides: Arlington, Austin, Corpus Christi, Cypress, El Paso, Fort Worth, Frisco, Houston, Katy, Lubbock, San Antonio, Spring and The Woodlands. Or see everything we fund in Texas.

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