Hard Money Lenders in Wichita, KS | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inWichita, Kansas

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

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

Reviewed by Micah Foster, Founder & CEO, September 2026

Price a Wichita deal right now

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

Wichita is an aircraft town with low entry prices and quick sales, which makes it a forgiving place to flip. The plants and McConnell Air Force Base anchor the job base. The flip stock ranges from 1910s and 1920s homes in College Hill and Riverside to mid-century ranches with basements across the east and south sides, and the rehabs are usually straightforward.

In Wichita, a deal depends on the neighborhood more than the house. College Hill, Riverside and Delano are established, character neighborhoods where buyers pay for original details kept intact. Hilltop, Planeview and the south side are working-class ranch neighborhoods where the buyer is watching the monthly payment, so a durable, simple finish is the right call. Houses here sell fast, which keeps holding costs low, but only when the list price matches the street.

What a Wichita deal looks like on paper

Wichita example: $125,000 purchase, $43,000 rehab, $235,000 after repair value, 700 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Picture a 1950s Hilltop-area ranch with a basement: roof, furnace and AC, kitchen, bath, flooring and a dry basement. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$151,200
Cash to close$30,476
Proof of funds to show$50,928
Where the $30,476 goes
  • Down payment (10% of purchase plus rehab)You$16,800
  • Origination (2.13%)Lender$3,213
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,083
  • Prepaid interest (15 days)Lender$444
  • Property insuranceInsurer$1,596
  • AppraisalAppraiser$550

Interest while you rehab: $901 a month on the $108,200 funded at closing, $1,259 once every draw is out. Proof of funds is cash to close plus $12,900 of rehab reserve and $7,552 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 Wichita

Swipe the table for rates, credit and terms →

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
Experienced Investor Rate115% of purchase680+2+ completed flips9.00%0.75%75% of ARV12-24 months7-14 days
First Flip, 10% Down210% of purchase + rehab660+First flip OK9.99%2%75% of ARV12 months21-30 days
7.5% Down, 3+ Flips37.5% of purchase + rehab660+3+ completed flips9.99%1.5%75% of ARV12 months21-30 days
5% Down, 5+ Flips45% of purchase660+5+ completed flips9.99% to 10.99%2%75% of ARV9-24 months10-14 days
100% Financing, 2+ Flips50% (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 and origination are the program floor; two completed projects in the last 36 months preferred.
  2. 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.
  3. 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.
  4. Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
  5. 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 Wichita prices sit right now

Before we price a Wichita 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 Wichita median sale price at $255K for the three months ending August 2026, essentially flat from a year earlier, with homes selling after about 20 days on the market.

Median sale price, Wichita (Redfin, 3 months to Aug 2026)$255K
Days on market, Wichita (Redfin)20
Median sale price per square foot, Wichita (Redfin)$135

Sources: Redfin, Wichita housing market, Sedgwick County, MABCD permits

How a Wichita file actually gets priced

Wichita comps are tight and local. We pull closed sales from the same neighborhood inside about three months, and we keep east-side ranches separate from the older homes near downtown because they appeal to different buyers. With entry prices this low, the rehab budget is a large share of the total cost, so we look closely at the scope: the roof, furnace and water in the basement are the three lines that most often come in over budget. A clean contractor bid does more for a Wichita file than a high ARV.

Kansas weather is the headline: hail and tornado season wear on roofs, and insurers look hard at roof age and condition. Most houses have basements, so check for water, foundation cracks and bowed walls before you close. Some low areas near the Arkansas River and the drainage channels sit in a mapped floodplain, so check the address. Permits for the City of Wichita and unincorporated Sedgwick County go through the Metropolitan Area Building and Construction Department (MABCD), which also answers floodplain questions for a site.

Who buys your finished Wichita deal

A finished Wichita house sells to a local first-time buyer, a plant worker or a military family from McConnell, often with FHA or VA financing, and priced-right homes go under contract quickly. The ceiling is real, though. Buyers here have lots of choices below the city median, so over-improving the house won’t pay you back. When the resale margin is thin, the rent-to-price ratio makes a DSCR hold a practical way out.

What happens after you apply

Apply once and the whole Wichita 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 Wichita

Fix and flip

10%down on a first flip
Rates
from 9.00% at 680+ credit with 2+ completed flips
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 Kansas →

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 Kansas →

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 Kansas →

Where we lend in Wichita

We broker deals across the whole Wichita market. The submarkets investors ask us about most are College Hill (67208), Riverside (67203), Delano (67213), Benjamin Hills (67204), Hilltop and Southeast (67218 / 67211) and Planeview and South Wichita (67216 / 67217).

How long does a Wichita 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 Kansas, and the rate, origination, leverage and cash to close come back side by side. As little as 72 hours on the fastest program, 7-30 days on the others. We stay on title and the lender through funding.

Wichita hard money FAQ

Do you lend hard money in Wichita?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Wichita 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 Kansas, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Wichita?
As of October 2026: Experienced Investor Rate (15% down, from 9.00%, 2+ completed flips); 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 Wichita hard money loan close?
As little as 72 hours on the fastest-close program, which has no credit minimum. In Kansas, once the file is complete, the programs for investors with completed flips close in 7-14 days (10-14 on 5% down with 5+ flips, 21-30 on 7.5% down with 3+ flips) and a first flip on the 10% down program closes 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 Wichita flip?
The worked example on this page is a $125,000 Wichita purchase with a $43,000 rehab and a $235,000 after repair value at 700 credit, first flip: $16,800 down (10% of purchase plus rehab) and $30,476 total cash to close, with $50,928 of proof of funds to show the lender. 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 Wichita?
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 Wichita fix and flip loan?
One Wichita program has no credit floor at all, it is priced on speed rather than credit. The lowest rate here, 9.00%, needs 680+ credit and 2+ completed flips. Depending on the program, 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 Wichita flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Wichita 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.
Can I flip my first house in Wichita with a hard money loan?
Yes. In Kansas a first flip can be priced at 10% down with 660+ credit (from 9.99%) or 10% down with no credit minimum on the fastest-close program (from 11.99%). Programs that need completed flips: 15% down from 9.00% with 2+ flips; 7.5% down from 9.99% with 3+ flips; 5% down from 9.99% with 5+ flips; and 100% financing from 9.50% with 2+ flips when purchase plus rehab fits under 70% of ARV. The worked example on this page is a first flip, so the cash to close it shows is what a first-timer brings to a Wichita deal.
Who handles building permits for a Wichita flip?
The Metropolitan Area Building and Construction Department, known as MABCD. It issues permits and schedules inspections for the City of Wichita and unincorporated Sedgwick County through an online portal, and it can tell you whether a lot sits in a floodplain. Get the permits moving the week you close so inspections line up with your draws.
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 Wichita: Overland Park and Omaha. More Kansas city guides: Kansas City, Olathe and Topeka. Or see everything we fund in Kansas.

Ready to fund your Wichita deal?

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