Hard Money Lenders in Parkersburg, WV | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inParkersburg, West Virginia

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

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

Reviewed by Micah Foster, Founder & CEO, October 2026

Price a Parkersburg deal right now

Prefilled with a realistic Parkersburg deal. Change any number and it reprices on the programs that lend in West Virginia, 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 Parkersburg

Parkersburg sits where the Little Kanawha meets the Ohio, the hub of the Mid-Ohio Valley. A large federal Treasury office, the chemical plants along the river, the regional hospital and a WVU branch campus anchor the economy. Prices are among the lowest of any city we cover. The flip stock is early 1900s frame and brick houses in the North End and near Julia-Ann Square, and postwar homes in South Parkersburg and the northeast side.

The Parkersburg deal is decided by keeping the scope in proportion to the price. With finished values this low, a big remodel cannot pay for itself, so the flips that work here are solid houses that need systems, a kitchen and a bath, not a gut. Pick a block where recent sales support your number, because the city has pockets of vacant housing that drag values down. Neighboring Vienna and the northeast side carry higher prices and a newer stock.

What a Parkersburg deal looks like on paper

Parkersburg example: $100,000 purchase, $40,000 rehab, $190,000 after repair value, 700 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Say a 1920s frame four-square in the North End, 26101: a new roof, updated wiring and plumbing, a furnace, a kitchen and a bath. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$125,000
Cash to close$26,155
Proof of funds to show$44,086
Where the $26,155 goes
  • Down payment (15% of the purchase)You$15,000
  • 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$2,954
  • Prepaid interest (15 days)Lender$332
  • Property insuranceInsurer$1,330
  • AppraisalAppraiser$550

Interest while you rehab: $672 a month on the $85,000 funded at closing, $989 once every draw is out. Proof of funds is cash to close plus $12,000 of rehab reserve and $5,931 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 Parkersburg

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
  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 Parkersburg prices sit right now

Before we price a Parkersburg 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 Parkersburg median sale price at $158,000 for the three months ending September 2026, up 3.2% from a year earlier, with homes selling after 43 days on the market on average.

Median sale price, Parkersburg (Redfin, 3 months to Sep 2026)$158,000
Change from a year earlier (Redfin)+3.2%
Average days on market, Parkersburg (Redfin)43

Sources: Redfin, Parkersburg housing market

How a Parkersburg file actually gets priced

We comp Parkersburg within the same neighborhood and era, and we keep Vienna separate because it is its own city with its own buyer. Sales are steady enough to stay recent. Appraisers here weigh the roof, the furnace and the foundation heavily, and a house with an old stone foundation or a wet basement gets adjusted. On a loan this size, the program minimums matter, so we check the example against them before you buy.

Downtown is protected by a floodwall built after decades of river floods, but houses outside the wall and along the Little Kanawha carry flood mapping. The older housing brings lead paint, knob and tube wiring and failing porches. Area chemical plants have a long environmental history, and some buyers ask about water quality, so know the facts for the address. West Virginia requires licensed contractors on jobs past a modest size, and the city enforces codes on vacant structures.

Who buys your finished Parkersburg deal

The finished Parkersburg house sells to federal and plant workers, hospital staff and first-time buyers, many on FHA, USDA or VA loans. They want a move-in ready house with a garage and a dry basement. At these purchase prices rents cover a loan comfortably, so a DSCR refinance is often a strong second exit.

What happens after you apply

Apply once and the whole Parkersburg 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 Parkersburg

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 West Virginia →

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 West Virginia →

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 West Virginia →

Where we lend in Parkersburg

We broker deals across the whole Parkersburg market. The submarkets investors ask us about most are Julia-Ann Square and downtown (26101), North End (26101), South Parkersburg (26101), Northeast Parkersburg (26104), Vienna (26105) and Mineral Wells (26150).

How long does a Parkersburg 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 West Virginia, and the rate, origination, leverage and cash to close come back side by side. 5-14 days to fund. We stay on title and the lender through funding.

Parkersburg hard money FAQ

Do you lend hard money in Parkersburg?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Parkersburg 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 West Virginia, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Parkersburg?
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). 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 Parkersburg hard money loan close?
Most Parkersburg fix and flip files fund in 5-14 days once the file is complete. 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 Parkersburg flip?
The worked example on this page is a $100,000 Parkersburg purchase with a $40,000 rehab and a $190,000 after repair value at 700 credit, first flip: $15,000 down (15% of the purchase) and $26,155 total cash to close, with $44,086 of proof of funds to show the lender. The lowest down payment for a first flip in Parkersburg 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 Parkersburg?
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 Parkersburg fix and flip loan?
The lowest credit floor among the Parkersburg 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, 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 Parkersburg flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Parkersburg 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 get a hard money loan on a low-priced Parkersburg house?
Yes, and the worked example on this page is one. Some programs in the table start at a minimum loan size, so on a very small purchase the list of programs that fit gets shorter and the rest are priced per file. In West Virginia a first flip can be priced at 15% down with 700+ credit (from 8.99%) or 10% down with 660+ credit (from 9.99%). Send us the numbers and we will tell you which applies.
Is Vienna part of the Parkersburg market?
It is next door and shares the same buyer pool, but Vienna is its own city with its own schools and permits, and it generally sells for more. We comp Vienna houses against Vienna sales, so do not count on a Vienna price for a house across the city line.
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 Parkersburg: Charleston and Huntington. More West Virginia city guides: Morgantown and Wheeling. Or see everything we fund in West Virginia.

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