Hard Money Lenders in St. Louis, MO | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inSt. Louis, Missouri

Fix and flip, DSCR rental and new construction financing for St. Louis 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 St. Louis deal

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price a St. Louis deal right now

Prefilled with a realistic St. Louis deal. Change any number and it reprices on the programs that lend in Missouri, 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 St. Louis

St. Louis is a brick city. The flip here is a 1910s to 1940s solid-masonry bungalow, four-family or shotgun-style house on a narrow lot, usually on the south side, and it sells to a buyer who wants character at a price well below Chicago or Kansas City suburbs. Almost nothing here is wood siding and slab. That changes the rehab and the inspection list, and the city adds one step most investors from elsewhere have never seen: a city occupancy inspection before anyone can move in.

The south side decides most St. Louis flips. Tower Grove South, Bevo Mill, Southampton, Holly Hills and St. Louis Hills are where finished brick bungalows sell to owner-occupants, and the line between a strong block and a weak one can be a single street. Dutchtown and Gravois Park are cheaper with more risk. North City has the lowest entry prices in the metro and plenty of vacant stock, but finished-house comps are thin, so those deals usually work as rentals rather than retail flips. Know which of those three markets you’re buying in before you set the scope.

What a St. Louis deal looks like on paper

St. Louis example: $140,000 purchase, $60,000 rehab, $290,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Think a 1920s brick bungalow in Bevo Mill: tuckpointing, a flat-roof section, a kitchen and bath, knob-and-tube out, and a clean occupancy inspection. 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 St. Louis

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 St. Louis prices sit right now

Before we price a St. Louis 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 St. Louis city median sale price at $260,000 for the three months ending August 2026, about 5% above a year earlier, with homes selling in around 21 days. Zillow’s home value index for the city is $186,625, flat over the year. The spread between neighborhoods is wide: Zillow puts Tiffany at $224,479, Forest Park Southeast at $302,566 and Vandeventer at $98,571.

Median sale price, St. Louis (Redfin, 3 months to Aug 2026)$260,000
Days on market, St. Louis (Redfin)21
Zillow home value index, St. Louis (Aug 2026)$186,625
Zillow home value index, Tiffany$224,479
Zillow home value index, Forest Park Southeast$302,566
Zillow home value index, Vandeventer$98,571

Sources: Redfin, St. Louis housing market, Zillow, St. Louis home values, City of St. Louis, residential occupancy permit (Housing Conservation inspection)

How a St. Louis file actually gets priced

St. Louis appraisers work neighborhood by neighborhood, and the city has dozens of small named ones, so we pull closed sales from the same neighborhood and the same building type in the last 90 days. A rehabbed two-family doesn’t comp a single, and a St. Louis Hills bungalow won’t carry Dutchtown. Solid brick walls, flat or low-slope roof sections, older wiring and cast iron stacks are the usual line items, and we want them in the budget rather than discovered at the occupancy inspection. If the ARV needs a comp from a different neighborhood across Gravois or Grand, you’ll hear that before the term sheet goes out.

The whole city of St. Louis is a Housing Conservation District, so every residential sale needs a city occupancy inspection and a Certificate of Inspection before the new owner moves in. It’s a basic code check against the property maintenance code, not a full home inspection, but a failed item has to be fixed before the closing can finish, so build it into your timeline at purchase and at resale. Across the line, St. Louis County and many of its municipalities run their own point-of-sale occupancy inspections with their own waits. On the houses themselves, watch for failing mortar and bowing brick walls, lead paint on pre-1978 trim, and old clay sewer laterals.

Who buys your finished St. Louis deal

The finished south side house sells to a first-time buyer, a young professional or a couple who works at the hospitals, the universities or downtown, and a fair number of them are coming from Chicago for a lower cost of living. They want original woodwork and brick with a modern kitchen and a dry basement, and they’ll pay for a second bathroom. North City and the cheaper south side blocks exit better as rentals, and St. Louis rent-to-price ratios are one of the reasons investors come here, so a DSCR refinance is a real second plan. Just make sure the house passes the occupancy inspection either way.

What happens after you apply

Apply once and the whole St. Louis 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 St. Louis

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 Missouri →

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 Missouri →

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 Missouri →

Where we lend in St. Louis

We broker deals across the whole St. Louis market. The submarkets investors ask us about most are Tower Grove South and Bevo Mill (63116), Southampton and St. Louis Hills (63109), Holly Hills, Carondelet and Dutchtown (63111), Shaw, Tiffany and Forest Park Southeast (63110), Benton Park and Gravois Park (63104 / 63118) and North City: Hyde Park, Baden and Walnut Park (63107 / 63147 / 63120).

How long does a St. Louis 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 Missouri, 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.

St. Louis hard money FAQ

Do you lend hard money in St. Louis?
Yes. Capital Kings is a broker, not a direct lender, so we shop your St. Louis 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 Missouri, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in St. Louis?
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 St. Louis hard money loan close?
As little as 72 hours. Most St. Louis 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 St. Louis flip?
The worked example on this page is a $140,000 St. Louis purchase with a $60,000 rehab and a $290,000 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 St. Louis 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 St. Louis?
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 St. Louis fix and flip loan?
One St. Louis 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 St. Louis flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a St. Louis 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.
What is the St. Louis occupancy inspection and does it affect my flip?
It’s a city Housing Conservation District inspection required on residential sales, and the whole city is in the district. The inspector checks basic code items inside and minimum exterior standards, and a Certificate of Inspection has to be issued before the new owner occupies. For a flip it matters twice: the house you buy may come with open items, and the house you sell has to pass before your buyer can move in. We build that step into the schedule so it doesn’t stall your payoff.
Can I get a hard money loan on a North City St. Louis house?
Often, but it depends on the exit. Finished-house sales are thin in parts of North City, so a retail flip there is hard to appraise. Plenty of those deals work as a buy, renovate and rent plan instead, with a fix and flip loan up front and a DSCR refinance at the end. Send the address and the plan and we’ll tell you which structure the lenders will actually fund.
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 St. Louis: Kansas City, Springfield and Peoria. More Missouri city guides: Columbia and Independence. Or see everything we fund in Missouri.

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