Broker, not a lenderHard Money Lenders inSpringfield, Missouri
Fix and flip, DSCR rental and new construction financing for Springfield 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 Springfield deal right now
Prefilled with a realistic Springfield deal. Change any number and it reprices instantly on the lanes licensed in Missouri, using the same engine behind our term sheets.
Financing a deal in Springfield
Springfield is the Ozarks’ hub: Missouri State University, two large hospital systems, a big logistics and retail base, and a housing stock that runs from 1920s cottages near downtown to post-war ranches and 1970s split-levels farther out. Entry prices are low for a city this size, houses sell quickly, and a steady flow of buyers is arriving from Kansas City and farther away. It’s one of the Missouri markets where files already come across our desk, and a first flip can be priced here.
Two things make a Springfield deal. The first is which side of town. The north side, from Grant Beach and Robberson to Doling Park, is where the cheapest buys are, and the finished price is capped low. Rountree, Phelps Grove and the streets around Missouri State carry the premium, and the south side sells to families who want newer ranches. The second is the ground. Springfield sits on karst, limestone full of sinkholes, springs and caves, and a house in a sinkhole drainage area or with settling that traces to one is a very different project from a normal foundation repair. Check the city’s sinkhole map before you write the offer.
What a Springfield deal looks like on paper
Springfield example: $145,000 purchase, $48,000 rehab, $265,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1950s ranch between Rountree and Phelps Grove: roof, HVAC, a kitchen, both baths, flooring and paint, finished for a Missouri State or hospital buyer. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (15%)You$21,750
- Origination (0.5%)Lender$2,000
- Doc prepLender$749
- Broker fee (1%)Broker$2,000
- Title and closingTitle$3,182
- Prepaid interest (15 days)Lender$668
- Property insuranceInsurer$1,834
- AppraisalAppraiser$550
Interest while you rehab: $975 a month on the $123,250 funded at closing, $1,354 once every draw is out. Proof of funds is cash to close plus $14,400 of rehab reserve and $8,126 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 Springfield
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Best Rate | 15% | 700+ | First flip OK | 8.99% to 9.49% | 0.5% | 75% of ARV | 12 months | 14 days |
| 5% Down, 3+ Flips1 | 5% | 600+ | 3+ completed flips | 11.00% to 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips2 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
| Fastest Close (3 days) | 10% | No minimum | First flip OK | 11.99% | 2% | 75% of ARV | 6 months | 72 hours |
- 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.
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 Springfield comps say
Redfin puts the Springfield median sale price at $220,000 for the three months ending August 2026, about 1% above a year earlier, with homes selling in around 15 days. Zillow’s home value index for the city is $245,882, up 2.9% over the year. The north side and central flip pockets sit far under that: Zillow puts Grant Beach at $130,530, Robberson at $121,384 and Midtown at $158,714.
| Median sale price, Springfield MO (Redfin, 3 months to Aug 2026) | $220,000 |
| Days on market, Springfield MO (Redfin) | 15 |
| Zillow home value index, Springfield MO (Aug 2026) | $245,882 |
| Zillow home value index, Grant Beach | $130,530 |
| Zillow home value index, Robberson | $121,384 |
| Zillow home value index, Midtown | $158,714 |
Sources: Redfin, Springfield MO housing market · Zillow, Springfield MO home values · City of Springfield, sinkhole permit FAQ
How a Springfield file actually gets priced
Greene County appraisers comp inside tight areas, and the north side and south side are separate markets, so we set the ARV on closed sales from the same part of town in the last 90 days. Zillow’s neighborhood values show why: Grant Beach, Robberson, Weller and Heart of the Westside all sit well under the Midtown and downtown numbers. Near campus, check whether the comps were owner-occupant sales or investor purchases, because student-rental houses trade on rent. And if there’s any sign of foundation movement, we want to know whether it’s ordinary settling or something tied to the karst before the file goes out.
Karst is the local risk nobody from out of state expects. The city requires a permit before any land disturbance or motorized equipment inside a sinkhole, with a plan showing the sinkhole, its drainage area and setbacks, and it can require a geological and hydrological evaluation; the county’s design standards say construction in sinkholes should be avoided. For a cosmetic flip that rarely matters, but for an addition, a new driveway, grading or a garage it can. Stormwater also runs through the sinkholes, so low lots near them flood in heavy rain. On top of that, the Ozarks see hail and severe storms every spring, so the roof is a line item on most files.
Who buys your finished Springfield deal
The finished Springfield house exits to a first-time buyer, a hospital or university employee, or a family relocating from Kansas City, St. Louis or out of state for the lower cost of living. They move fast on a fairly priced house, and Redfin shows homes selling in about two weeks. North side houses often exit to landlords instead, because rents near Missouri State and the hospitals are steady and the purchase prices are low, so a DSCR refinance is a real alternative when the retail number is thin. South side new construction is the competition above the median, so price a flip there against what builders are asking.
Your whole loan, in one portal
Apply once and the whole Springfield 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 Springfield
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Springfield.
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 Springfield
We broker deals across the whole Springfield 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 Missouri, 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.
Springfield hard money FAQ
Do you lend hard money in Springfield?
Which fix and flip programs apply in Springfield?
How fast can a Springfield hard money loan close?
How much do I need to bring to close on a Springfield flip?
Do you fund the rehab budget in Springfield?
What credit score do I need for a Springfield fix and flip loan?
Can I refinance a Springfield flip into a rental loan?
Do sinkholes affect a flip in Springfield, Missouri?
Is Springfield a better flip market than Kansas City or St. Louis?
Before you sign anything
Ready to fund your Springfield deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.