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

Hard Money Lenders inColumbia, Missouri

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

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

Reviewed by Micah Foster, Founder & CEO, October 2026

Price a Columbia deal right now

Prefilled with a realistic Columbia 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 Columbia

Columbia is a university town in the middle of Missouri, and Mizzou, the hospitals and the insurance and mortgage employers give it a steady base of buyers. The houses worth renovating sit close to campus and downtown: 1920s through 1950s cottages, bungalows and small ranches in West Ash, Benton-Stephens and North Central. Out past the highway loops, most housing is 1990s and newer and rarely needs more than paint. A first flip here is a normal request. In Missouri a first flip can be priced at 15% down with 700+ credit (from 8.99%), 10% down with 660+ credit (from 9.99%) or 10% down with no credit minimum on the fastest-close program (from 11.99%).

Every Columbia deal comes down to one question: owner or student. The blocks nearest campus, like East Campus and parts of Benton-Stephens, lean toward rentals with several bedrooms and tough finishes. A few streets farther out, Old Southwest and West Ash buyers are young families and university staff who want character kept and the systems modernized. Decide which buyer you’re building for before you bid the work, because the two scopes look nothing alike.

What a Columbia deal looks like on paper

Columbia example: $175,000 purchase, $50,000 rehab, $315,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Picture a 1940s cottage in the West Ash neighborhood: new roof and gutters, rewired panel, furnace and AC, a refreshed kitchen and bath, and grading that sends water away from the foundation. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$198,750
Cash to close$38,825
Proof of funds to show$61,756
Where the $38,825 goes
  • Down payment (15% of the purchase)You$26,250
  • 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$3,318
  • Prepaid interest (15 days)Lender$580
  • Property insuranceInsurer$2,138
  • AppraisalAppraiser$550

Interest while you rehab: $1,176 a month on the $148,750 funded at closing, $1,572 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $9,431 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 Columbia

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 Columbia prices sit right now

Before we price a Columbia 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 Columbia median sale price at $293K for the three months ending September 2026, up 4.8% from a year earlier, with homes selling after about 36 days on the market.

Median sale price, Columbia (Redfin, 3 months to Sep 2026)$293K
Year over year change in median (Redfin)+4.8%
Days on market, Columbia (Redfin)36

Sources: Redfin, Columbia housing market

How a Columbia file actually gets priced

Missouri doesn’t make sale prices part of the public record, so Columbia comps come through the MLS and the appraiser’s own files rather than county data. That makes a local agent’s closed-sale pull the first thing we ask for. We keep campus-adjacent rentals separate from owner-occupied streets, since a house priced on rent and a house priced on finishes trade on different math. Sales from the last 90 days inside the same neighborhood set the number, and we lean conservative when the comp set is thin.

Boone County sits on karst, limestone ground that can open sinkholes and move water in odd ways, so a sagging slab or a cracked foundation wall deserves a structural look. Hinkson Creek, Flat Branch and Bear Creek all carry mapped floodplain, so check the address before you write an offer. Radon testing is worth the small cost in mid-Missouri basements. If the exit turns into a rental, the city runs a rental certificate program, and the house has to pass its inspection before tenants move in.

Who buys your finished Columbia deal

A finished owner-occupant house in Columbia sells to a professor, a nurse or a staffer at one of the big local employers, often a first-time buyer. Rentals near campus attract other investors and, sometimes, parents buying a place for a student. Sales in Columbia don’t happen overnight, so price against what closed on the street and plan your holding costs for a normal listing period. Fall and spring turn the rental calendar, which makes August move-ins the natural target for a hold.

What happens after you apply

Apply once and the whole Columbia 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 Columbia

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 Columbia

We broker deals across the whole Columbia market. The submarkets investors ask us about most are West Ash and Worley Street (65203), Old Southwest (65203), Benton-Stephens (65201), North Central and the First Ward (65201), East Campus (65201), Shepard Boulevard and Rothwell Heights (65201) and North Columbia near Blue Ridge Road (65202).

How long does a Columbia 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.

Columbia hard money FAQ

Do you lend hard money in Columbia?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Columbia 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 Columbia?
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 Columbia hard money loan close?
As little as 72 hours. Most Columbia 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 Columbia flip?
The worked example on this page is a $175,000 Columbia purchase with a $50,000 rehab and a $315,000 after repair value at 700 credit, first flip: $26,250 down (15% of the purchase) and $38,825 total cash to close, with $61,756 of proof of funds to show the lender. The lowest down payment for a first flip in Columbia 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 Columbia?
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 Columbia fix and flip loan?
One Columbia 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 Columbia flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Columbia 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.
Should I flip a house near Mizzou or keep it as a student rental?
It depends on the block. Close to campus, rental demand is dependable and a DSCR loan can refinance you out after the work. A few streets farther out, owner-occupants pay more for a finished house than a landlord would. Run both exits in the calculator before you pick a scope, and remember a rental needs the city’s certificate before anyone moves in.
Can I get a hard money loan for a first flip in Columbia, Missouri?
Yes. In Missouri a first flip can be priced at 15% down with 700+ credit (from 8.99%), 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: 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 priced for a first-time flipper, so the cash to close it shows is what you’d bring to a Columbia deal.
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 Columbia: Kansas City, St. Louis, Springfield and Independence. Or see everything we fund in Missouri.

Ready to fund your Columbia deal?

Submit your scenario in about 5 minutes. We shop it and come back with real terms, not a generic rate sheet.

Start application →Get a pre-approval letter