Hard Money Lenders in Jackson, MS | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inJackson, Mississippi

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

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

Reviewed by Micah Foster, Founder & CEO, October 2026

Price a Jackson deal right now

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

Jackson is two markets sharing one name. Citywide, the typical sale is cheap, and a lot of that inventory is too thin on resale to carry a flip loan. The flip work that pencils clusters in the older northside neighborhoods, Fondren, Belhaven and Eastover, where 1920s to 1950s cottages, Tudors and brick ranches sit near the medical district, Millsaps and Belhaven University.

What decides a Jackson deal is the street, and a hard look at who the buyer is. Many buyers who work downtown or at the University of Mississippi Medical Center have chosen to live in Madison or Rankin County instead, so a northside flip has to win over someone who could buy a newer house in Ridgeland or Brandon. Houses with character, a walkable block and real updates still do that. A flip outside the northside pocket usually lands below what a loan needs, so we look hard at the exit before anything else.

What a Jackson deal looks like on paper

Jackson example: $150,000 purchase, $55,000 rehab, $295,000 after repair value, 700 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Picture a 1940s brick cottage in Fondren with plaster walls, a tired galvanized supply line, a pier and beam floor that dips in the hall and a kitchen from the 1970s. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$184,500
Cash to close$35,488
Proof of funds to show$59,554
Where the $35,488 goes
  • Down payment (10% of purchase plus rehab)You$20,500
  • Origination (2.13%)Lender$3,921
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,247
  • Prepaid interest (15 days)Lender$532
  • Property insuranceInsurer$1,948
  • AppraisalAppraiser$550

Interest while you rehab: $1,078 a month on the $129,500 funded at closing, $1,536 once every draw is out. Proof of funds is cash to close plus $14,850 of rehab reserve and $9,216 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 Jackson

Swipe the table for rates, credit and terms →

ProgramDown paymentMin creditExperienceRateOriginationMax loanTermClose
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
  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 Jackson prices sit right now

Before we price a Jackson 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 Jackson median sale price at $132K for the three months ending September 2026, down 9.23% on a year earlier, with homes selling in around 52 days. Zillow’s average home value for the city is $83,517, up 0.7%. In 39216, which covers Fondren, Redfin’s median is $320K, up 44.4% on a small number of sales, and in Belhaven’s 39202 it is $204K, up 4.7%.

Median sale price, Jackson (Redfin)$132K
Days on market, Jackson (Redfin)52
Average home value, Jackson (Zillow)$83,517
39216 Fondren median sale (Redfin)$320K
39202 Belhaven median sale (Redfin)$204K

Sources: Redfin, Jackson housing market, Zillow, Jackson home values, Redfin, 39216 housing market, Redfin, 39202 housing market

How a Jackson file actually gets priced

With the citywide median this low, the appraiser has to stay inside the neighborhood, and we do too. In Fondren and Belhaven that means renovated sales from the same few blocks, matched on age, lot and square footage; in Eastover it means the larger lots and brick homes nearby. Sales volume in these ZIPs is small, so one or two closings can move a median a lot. We lean on closed renovated comps, not the swing in a ZIP average, and we keep the after repair value inside what those comps support.

Water is the local issue everyone asks about. The 2022 failure at the city’s treatment plant led to a federal court putting the system under a third-party manager, JXN Water, and buyers still ask about pressure, boil notices and water bills, so check the account and service history on any house. The housing stock is old: cast iron and galvanized plumbing, clay sewer lines, original wiring and Yazoo clay, a shrink-swell soil that moves foundations across the metro. Belhaven is a designated historic district, so exterior changes there can need review before the work starts.

Who buys your finished Jackson deal

The finished northside house sells to doctors, nurses, professors, state workers and young professionals who want an older home close to work and to the restaurants on North State Street. Price it against renovated sales on the same streets, not against Madison. If a sale drags, rents near the medical district can make holding the house with a DSCR refinance a workable fallback.

What happens after you apply

Apply once and the whole Jackson 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 Jackson

Fix and flip

10%down on a first flip
Rates
from 9.50% at 620+ 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 Mississippi →

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 Mississippi →

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 Mississippi →

Where we lend in Jackson

We broker deals across the whole Jackson market. The submarkets investors ask us about most are Fondren (39216), Belhaven and Belhaven Heights (39202), Eastover and Northeast Jackson (39211), Woodland Hills (39216), Broadmoor and Sherwood Forest (39206) and Presidential Hills and South Jackson (39212).

How long does a Jackson 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 Mississippi, and the rate, origination, leverage and cash to close come back side by side. Plan on 7-14 days with completed flips and 21-30 days on a first flip. We stay on title and the lender through funding.

Jackson hard money FAQ

Do you lend hard money in Jackson?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Jackson 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 Mississippi, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Jackson?
As of October 2026: 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). 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 Jackson hard money loan close?
In Mississippi, 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 Jackson flip?
The worked example on this page is a $150,000 Jackson purchase with a $55,000 rehab and a $295,000 after repair value at 700 credit, first flip: $20,500 down (10% of purchase plus rehab) and $35,488 total cash to close, with $59,554 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 Jackson?
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 Jackson fix and flip loan?
The lowest credit floor among the Jackson programs is 620, on 100% financing (under 70% of ARV) with 2+ completed flips. A first flip needs 660 or higher. The lowest rate here, 9.50%, needs 620+ 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 Jackson flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Jackson 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.
Who handles the closing on a Jackson flip?
In Mississippi a closing attorney usually runs the file. The attorney examines the title, issues a title opinion, and the title insurance policy is written off that work. Get the attorney involved as soon as you’re under contract, because older Jackson houses can carry estate, lien or heirship problems that take time to clear.
Does the Jackson water situation hurt resale?
It’s something buyers ask about, so be ready for it. Boil notices are far less common than they were in 2022, but a buyer will still want to know the house has steady pressure and a clean account. Pull the water account history before you buy, and budget for new supply lines if the house still has old galvanized pipe.
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 Jackson: Hattiesburg, Gulfport, Southaven and Biloxi. Or see everything we fund in Mississippi.

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