Capital Kings LLC · Broker, not a lenderFix and Flip Loans
in Iowa
Purchase plus 100% of the rehab budget for Iowa flips, funded through draws, with a term sheet before you commit. Built for investors with completed flips (3+ for the 5% down program). We broker Des Moines, Cedar Rapids, Davenport and every county in between.
Fix and Flip Loans in Iowa at a glance
Current program terms, not teaser rates. Your exact terms depend on the property, your credit and your experience. The term sheet shows the real numbers before you commit.
9.00%
Rates from
5%
Down on a first flip
100%
Rehab funded via draws
75% ARV
Max loan
12 mo
Interest-only term
14 days
Typical close
Programs and pricing
Iowa fix and flip terms as of September 2026
Same numbers the term sheet prints after you apply. Capital Kings LLC shops your Iowa scenario across 400+ lenders and places it with the one that fits. Read the full fix and flip guide for how the program works deal by deal.
Purchase plus 100% of the rehab budget, funded through draws. The program you land on depends on credit and how many flips you have completed.
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Experienced Investor Rate1 | 15% | 680+ | 2+ completed flips | 9.00% | 0.75% | 75% of ARV | 12-24 months | 7-14 days |
| 5% Down, 3+ Flips2 | 5% | 600+ | 3+ completed flips | 11.00% to 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips3 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
- Rate and origination are the program floor; two completed projects in the last 36 months preferred.
- 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.
Experienced flip in Des Moines, 700 credit, lowest rate
$250,000 purchase · $50,000 rehab · $375,000 ARV · 5% Down, 3+ Flips program
- Loan amount
- $281,250
- Down payment (5%)
- $18,750
- Rate
- 11.50%
- Origination
- $5,625
- Broker fee
- $2,813
- Estimated cash to close
- $34,417
- Interest per month while you rehab
- $2,216
Experienced flip in Des Moines, 700 credit, least cash to close
$250,000 purchase · $50,000 rehab · $375,000 ARV · 5% Down, 5+ Flips program
- Loan amount
- $281,250
- Down payment (5%)
- $18,750
- Rate
- 10.49%
- Origination
- $5,625
- Broker fee
- $2,813
- Estimated cash to close
- $34,300
- Interest per month while you rehab
- $2,022
Estimates on Capital Kings terms as of September 2026. Cash to close includes down payment, origination, broker fee, title, prepaid interest, insurance and appraisal. Rehab is funded 100% through draws on every program.
Who it is for
Iowa investors we fund with fix and flip loans
First flips welcome
No completed deals required. Credit and the deal set the program; experience just moves you to a lower rate.
Investors keeping cash for the rehab
100% of the rehab budget is funded on every program, so the money you bring goes to the purchase, not the renovation.
Wholesale and auction contracts
Deals in Iowa with a hard closing date. 14 days is standard, and the fastest program on the table above closes in 72 hours.
LLC or personal name
Business-purpose loans, vested in your entity, on single family through small multifamily.
What we need from you
- Purchase contract
- Rehab budget or scope of work
- Two months of bank statements showing the cash to close
- Government ID
- LLC documents if you are closing in an entity
How it works
From application to funding in Iowa
- 1Send the dealAddress, purchase price, rehab budget, ARV and your credit range. Three minutes on the application.
- 2Get a term sheetLoan amount, rate, origination, broker fee, every closing cost and your cash to close, before any commitment.
- 3We shop itThe scenario goes to the lenders in our network that fund Iowa flips at your credit and experience level.
- 4Close and drawPurchase funds at closing. Rehab money is released in draws as work is completed and inspected.
Where we lend
Iowa, city by city
The Iowa markets we fund most. Not on the map? We broker every county in the state, so send the deal and we place it.
Common Questions
Iowa Lending FAQ
How much down payment do I need for a fix and flip loan in Iowa?
As of September 2026 in Iowa: 5% down with 3+ completed flips from 600 credit at 11.00% to 12.00%. Rehab is 100% funded through draws on every Iowa program.
What credit score do I need for an Iowa fix and flip loan?
600+ for the 5% down program, and 660+ for a DSCR rental loan. Our Iowa flip programs are for investors with completed projects: 2+ for experienced investor rate, 3+ for 5% down, 3+ flips, 5+ for 5% down, 5+ flips. First-time flippers in Iowa are placed with national lenders and priced per file.
How much cash do I need to close a $250,000 flip in Iowa?
On a $250,000 purchase with a $50,000 rehab and a $375,000 ARV, an investor with 2+ completed flips at 700 credit on the 5% Down, 3+ Flips program is about $34,417 cash to close ($18,750 down plus origination, broker fee, title, prepaid interest, insurance and appraisal). Figures as of September 2026.
Does the loan cover the rehab budget?
Yes, 100% of the rehab budget on every Iowa program. It is held back at closing and released in draws: you complete a stage, an inspector confirms it, the draw is wired. Budget for the first stage out of pocket.
How fast can an Iowa fix and flip loan close?
Most Iowa flips close in 7 to 14 days. Clean files with title and insurance ready can close in about a week.
Is Capital Kings a direct lender in Iowa?
No. Capital Kings LLC is a mortgage broker. We shop your Iowa scenario across a network of 400+ lenders and place it with the one that fits, and every fee is itemized on the term sheet before you commit.
More in Iowa
Other Iowa loan programs
Learn More
Iowa Investor Resources
How the loans are structured, what lenders check, and how to compare offers on an Iowa deal.
Ready to fund your Iowa deal?
Submit your scenario in under 3 minutes. We shop our 400+ lender network and send back a term sheet on your actual deal.
Capital Kings LLC is a non-QM mortgage brokerage. We are not a direct lender. We shop your scenario across a network of state-licensed direct lenders to find the best fit. Loans in Iowa are originated by partner lenders licensed to lend in Iowa. All loans subject to underwriting approval. Rates, terms, and program availability vary by lender and may change without notice. Hard money and DSCR loans are secured by real estate. Not for primary residences.