Hard Money Lenders in Lafayette, LA | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inLafayette, Louisiana

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

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

Reviewed by Micah Foster, Founder & CEO, October 2026

Price a Lafayette deal right now

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

Lafayette is the hub of Acadiana and still an oil town at heart. The Oil Center grew up in the 1950s to house energy company offices, and the ranches around it date from that boom. Today the University of Louisiana at Lafayette, two large hospital systems and oilfield service firms carry the economy, and the flip stock runs from small cottages near campus to 1960s and 1970s ranches on slab.

Lafayette moves with oil and gas. When drilling slows, energy jobs thin out and sellers get patient. When it picks up, buyers come back. The south side and the subdivisions toward Youngsville get most of the new construction, so an older ranch closer in competes on location and price rather than square footage. We look at how long renovated houses in your pocket are taking to sell before we settle the plan.

What a Lafayette deal looks like on paper

Lafayette example: $150,000 purchase, $50,000 rehab, $270,000 after repair value, 700 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Imagine a 1960s brick ranch near the Oil Center with a carport, terrazzo under worn carpet, a closed-off kitchen and baths that have not changed since the oil bust. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$180,000
Cash to close$34,824
Proof of funds to show$57,315
Where the $34,824 goes
  • Down payment (10% of purchase plus rehab)You$20,000
  • Origination (2.13%)Lender$3,825
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$2,000
  • Title and closing (estimate at Texas rates)Title$3,225
  • Prepaid interest (15 days)Lender$534
  • Property insuranceInsurer$1,900
  • AppraisalAppraiser$550

Interest while you rehab: $1,082 a month on the $130,000 funded at closing, $1,499 once every draw is out. Proof of funds is cash to close plus $13,500 of rehab reserve and $8,991 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 Lafayette

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
  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 Lafayette prices sit right now

Before we price a Lafayette 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 Lafayette median sale price at $246K for the three months ending September 2026, down 1.1% on a year earlier, with homes selling in around 59 days. Zillow’s average home value for the city is $224,537, up 1.9%. In 70503, covering the Oil Center and Bendel Gardens, Redfin’s median is $245K, down 11.7%, with homes selling in about 47 days.

Median sale price (Redfin)$246K
Days on market (Redfin)59
Typical home value (Zillow)$224,537
70503 median sale (Redfin)$245K

Sources: Redfin, Lafayette housing market, Zillow, Lafayette home values, Redfin, 70503 housing market

How a Lafayette file actually gets priced

Appraisers in Lafayette Parish lean on the subdivision and the school zone, and they compare a renovated 1960s ranch against nearby new builds with a skeptical eye. We set the after repair value from finished resales of similar age close by, not from new construction in the south end. A house near the Oil Center or the Saint Streets can carry a premium for the location, but only if the finish level matches what is selling there.

Coulees and the Vermilion River drain the city, and the 2016 floods put water into homes here that were not in a mapped flood zone, so check the history, not just the map. Insurance is expensive across south Louisiana, and the wind and hail deductible matters as much as the premium. Slab ranches can hide old cast iron drains and settlement cracks. Permits run through Lafayette Consolidated Government, so budget for inspections on electrical and plumbing.

Who buys your finished Lafayette deal

The finished house sells to nurses and doctors, university staff, energy engineers and young families who grew up in Acadiana and want to stay. Homes near campus also rent well to graduate students and staff, so a long-term rental with a DSCR refinance is a sensible fallback. Price the resale against other renovated older homes, because new subdivisions to the south set a ceiling a dated neighborhood cannot clear.

What happens after you apply

Apply once and the whole Lafayette 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 Lafayette

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 Louisiana →

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 Louisiana →

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 Louisiana →

Where we lend in Lafayette

We broker deals across the whole Lafayette market. The submarkets investors ask us about most are Oil Center and Bendel Gardens (70503), Saint Streets near UL (70503 / 70506), Freetown-Port Rico and Sterling Grove (70501), Northside and McComb-Veazey (70501), Westside and Bayou Shadows (70506) and River Ranch edge and the south side (70508).

How long does a Lafayette 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 Louisiana, 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.

Lafayette hard money FAQ

Do you lend hard money in Lafayette?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Lafayette 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 Louisiana, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Lafayette?
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). 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 Lafayette hard money loan close?
In Louisiana, 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 Lafayette flip?
The worked example on this page is a $150,000 Lafayette purchase with a $50,000 rehab and a $270,000 after repair value at 700 credit, first flip: $20,000 down (10% of purchase plus rehab) and $34,824 total cash to close, with $57,315 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 Lafayette?
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 Lafayette fix and flip loan?
The lowest credit floor among the Lafayette 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, 9.00%, 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 Lafayette flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Lafayette 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 happens if a Lafayette house is coming out of an estate?
Louisiana follows civil law, and an inherited house usually needs a succession to be opened and a judgment of possession signed before the heirs can sell with clean title. If several relatives share ownership, all of them may need to sign. Ask your title company whether the succession is complete before you count on a closing date, since this is a common delay on older Acadiana houses.
Does the oil market affect a Lafayette flip?
It affects how fast you sell. Energy jobs make up a big slice of the local economy, so a downturn slows buyer traffic and lengthens days on market, while a busy stretch speeds it up. Plan the carry for a slower sale than the best month of the year, and keep a long-term rental in mind as a backup.
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 Lafayette: Lake Charles, Baton Rouge and New Orleans. More Louisiana city guides: Shreveport. Or see everything we fund in Louisiana.

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