Broker, not a lenderHard Money Lenders inPortland, Maine
Fix and flip, DSCR rental and new construction financing for Portland 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 a Portland deal right now
Prefilled with a realistic Portland deal. Change any number and it reprices instantly on the lanes licensed in Maine, using the same engine behind our term sheets.
Financing a deal in Portland
Portland, Maine is a small city with big city prices. The peninsula, Munjoy Hill, the West End and Parkside, is brick rowhouses, Victorians and three story wood multifamily from the 1800s, and it is expensive. Off the peninsula, Deering Center, Back Cove, East Deering and Riverton are where the single family flips are: bungalows, capes and colonials from the early and middle 1900s. Buyers come from the Boston area more than any other metro, and they are used to paying up for a finished house.
A Portland flip is decided by the envelope as much as the finish. These are old houses in a cold, wet climate, and the buyer here asks about heating costs before countertops. Converting oil heat to heat pumps, adding insulation and air sealing, and dealing with ice dam damage are common lines in the budget, and they are worth money at resale. The other factor is the season: exterior work, foundations and roofs slow down in the Maine winter, so a purchase in the fall needs a schedule that respects it.
What a Portland deal looks like on paper
Portland example: $380,000 purchase, $90,000 rehab, $650,000 after repair value, 730 credit, 10 or more flips completed. The engine puts that borrower on the 5% Down, 5+ Flips program at 9.99%. Picture a 1920s bungalow in Deering Center with an oil boiler to swap for heat pumps, no insulation in the walls, and a kitchen and bath from another era. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (5%)You$19,000
- Origination (2%)Lender$9,020
- Doc prepLender$749
- Broker fee (1%)Broker$4,510
- Title and closingTitle$4,564
- Prepaid interest (15 days)Lender$1,852
- Property insuranceInsurer$4,465
- AppraisalAppraiser$550
Interest while you rehab: $3,005 a month on the $361,000 funded at closing, $3,755 once every draw is out. Proof of funds is cash to close plus $22,500 of rehab reserve and $22,527 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 Portland
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| 5% Down, 5+ Flips1 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
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 September 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.
What the Portland comps say
Redfin puts the Portland median sale price at $588,000 over the three months through August 2026, down 5.9% from a year earlier, with homes selling in about 29 days and drawing about three offers on average. Zillow’s typical home value is $559,175 as of August 31, 2026, flat over the year. Redfin’s migration data shows Boston area buyers searching into Portland more than buyers from any other metro.
| Median sale price, Portland (Redfin, 3 months to Aug 2026) | $588,000 |
| Days on market, Portland (Redfin) | 29 |
| Homes sold in August 2026 (Redfin) | 236 |
| Zillow home value index, Portland (Aug 2026) | $559,175 |
| Share of properties at severe 30-year flood risk (First Street via Redfin) | 6% |
Sources: Redfin, Portland ME housing market · Zillow, Portland ME home values · City of Portland, rent control FAQ
How a Portland file actually gets priced
Portland comps are thin compared to a larger metro, and the peninsula and the off-peninsula neighborhoods price as separate markets. A Munjoy Hill sale does not carry a Riverton bungalow, and Deering Center is its own tier, so we build the value from closed renovated sales in the same neighborhood and style, and we look at the price per square foot the neighborhood actually supports rather than the citywide figure. Prices here have softened from last year while homes still draw several offers, so we lean on the most recent sales and discount older ones.
Most of Portland is on high ground, and Redfin’s First Street data puts about 6% of properties at severe 30 year flood risk, concentrated on the waterfront, Back Cove’s edges and low parts of East Bayside. The rules matter more than the water. Portland has a rent control ordinance that applies to rental units in the city and requires them to be registered, short term rentals are regulated, and parts of the peninsula sit in historic districts where exterior changes go through preservation review. If the exit might be a rental, underwrite it under those rules, not the ones in your spreadsheet.
Who buys your finished Portland deal
The finished Portland house sells to an owner occupant, often a household relocating from Boston, New York or Washington, or a local buyer trading up, and that buyer expects efficient heat, updated systems and a finish that fits a historic house. Condition sells here. A rental exit is possible but rent control limits increases on existing tenants, so a DSCR refinance should be underwritten on the rent the unit can carry under the ordinance, not a market rent you hope to reach later.
Your whole loan, in one portal
Apply once and the whole Portland 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 Portland
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Portland.
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 Portland
We broker deals across the whole Portland 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 Maine, 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
7 to 10 days typical. We stay on title and the lender through funding.
Portland hard money FAQ
Do you lend hard money in Portland?
Which fix and flip programs apply in Portland?
How fast can a Portland hard money loan close?
How much do I need to bring to close on a Portland flip?
Do you fund the rehab budget in Portland?
What credit score do I need for a Portland fix and flip loan?
Can I refinance a Portland flip into a rental loan?
Why is the Portland, Maine example an experienced investor?
Does Portland’s rent control affect a flip?
Before you sign anything
Ready to fund your Portland deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.