Hard Money Lenders in Rochester, NH | Capital Kings LLC
Capital Kings LLC · Non-QM Mortgage Broker

Hard Money Lenders inRochester, New Hampshire

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

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

Reviewed by Micah Foster, Founder & CEO, October 2026

Price a Rochester deal right now

Prefilled with a realistic Rochester deal. Change any number and it reprices on the programs that lend in New Hampshire, 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 Rochester

Rochester is the inland, more affordable end of the Seacoast, up the Spaulding Turnpike from Dover. It is a former shoe and textile town whose downtown, East Rochester and Gonic villages are full of older worker housing, small multifamily and mill era singles, with postwar ranches and capes and newer subdivisions on the edges. An aerospace composites plant and its suppliers keep jobs in town, and Seacoast buyers who cannot afford Dover or Portsmouth keep coming north.

Rochester is where Seacoast price growth spills over, and the deals that work are older homes bought below the neighborhood’s renovated value. The village housing in East Rochester and Gonic is old and plain, and it takes a disciplined budget: roof, windows, heat, electrical, septic in the rural pockets. The ranches and capes are cleaner cosmetic flips. Watch the ceiling: Rochester buyers are price sensitive, so overbuilding the finish costs you.

What a Rochester deal looks like on paper

Rochester example: $260,000 purchase, $60,000 rehab, $440,000 after repair value, 700 credit, first flip. The engine puts that borrower on the First Flip, 10% Down program at 9.99%. Picture a 1950s ranch off Route 125 with a failing roof, original windows, a dated kitchen and bath and hardwood under the carpet. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.

Loan amount$288,000
Cash to close$52,075
Proof of funds to show$82,661
Where the $52,075 goes
  • Down payment (10% of purchase plus rehab)You$32,000
  • Origination (2.13%)Lender$6,120
  • Lender fees (flat)Lender$2,790
  • Broker fee (1%)Broker$2,880
  • Title and closing (estimate at Texas rates)Title$3,759
  • Prepaid interest (15 days)Lender$936
  • Property insuranceInsurer$3,040
  • AppraisalAppraiser$550

Interest while you rehab: $1,898 a month on the $228,000 funded at closing, $2,398 once every draw is out. Proof of funds is cash to close plus $16,200 of rehab reserve and $14,386 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 Rochester

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 Rochester prices sit right now

Before we price a Rochester 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 Rochester median sale price at $410,000 over the three months through September 2026, up 5.2% from a year earlier, with homes selling in about 36 days and 112 sales in September.

Median sale price, Rochester (Redfin, 3 months to Sep 2026)$410,000
Days on market, Rochester (Redfin)36
Homes sold in September 2026 (Redfin)112
Share of properties at severe 30-year flood risk (First Street via Redfin)2%

Sources: Redfin, Rochester NH housing market

How a Rochester file actually gets priced

Rochester has a decent volume of sales, but the range is wide, from village multifamily to new construction on the outskirts. We comp renovated singles against renovated singles in the same part of the city and keep new builds out of the set, because a 2020s colonial does not support a 1950s ranch. Homes on well and septic need those systems inspected, since a lender and an appraiser will both ask.

Redfin’s First Street data puts about 2% of Rochester properties at severe 30 year flood risk, mainly along the Cocheco and Salmon Falls rivers. Outside the city sewer area, septic and well condition is the bigger unknown, so order those inspections inside your contract period. Winter slows exterior work, and New Hampshire’s transfer tax is charged on both sides of a sale, so a flip pays it twice.

Who buys your finished Rochester deal

The Rochester buyer is usually a first time owner or a young family on FHA, VA or conventional financing, often working on the Seacoast and commuting down the Spaulding. They want a clean, updated house at a payment that beats rent, and they will pass on a house that feels overpriced for the town. Small multifamily downtown and in East Rochester sells to local landlords, and the rent levels make a DSCR hold worth pricing.

What happens after you apply

Apply once and the whole Rochester 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 Rochester

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 New Hampshire →

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 New Hampshire →

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 New Hampshire →

Where we lend in Rochester

We broker deals across the whole Rochester market. The submarkets investors ask us about most are Downtown and the Cocheco riverfront (03867), East Rochester (03868), Gonic (03839), Rochester Hill and Route 202 (03867), Salmon Falls Road area (03868) and Route 125 corridor south of downtown (03867).

How long does a Rochester 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 New Hampshire, 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.

Rochester hard money FAQ

Do you lend hard money in Rochester?
Yes. Capital Kings is a broker, not a direct lender, so we shop your Rochester 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 New Hampshire, and the numbers come from the same engine that prices our instant term sheet.
Which fix and flip programs apply in Rochester?
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 Rochester hard money loan close?
In New Hampshire, 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 Rochester flip?
The worked example on this page is a $260,000 Rochester purchase with a $60,000 rehab and a $440,000 after repair value at 700 credit, first flip: $32,000 down (10% of purchase plus rehab) and $52,075 total cash to close, with $82,661 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 Rochester?
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 Rochester fix and flip loan?
The lowest credit floor among the Rochester 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 Rochester flip into a rental loan?
Yes. That is the BRRRR exit, and it is the most common way a Rochester 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 a first time investor get a flip loan in Rochester, NH?
Yes. In New Hampshire a first flip can be priced at 10% down with 660+ credit (from 9.99%). The calculator and worked example are set to a first deal. Programs that need completed flips: 15% down from 9.00% with 2+ 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.
Is this the same Rochester as Rochester, New York?
No. This page is Rochester, New Hampshire, in Strafford County near Dover. We also have a separate page for Rochester, New York, a very different market with its own pricing.
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 Rochester: Dover, Rochester, NY and Portland. More New Hampshire city guides: Concord, Manchester and Nashua. Or see everything we fund in New Hampshire.

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