Capital Kings LLC · Non-QM Mortgage BrokerHard Money &
DSCR Loans in Alaska
We help investors fund fix and flips and rentals in Anchorage, Fairbanks, Juneau, Wasilla and Sitka, and we send your deal only to lenders that lend in Alaska, out of the 400+ we work with. Business-purpose loans to an LLC on investment property only.
Prefer to talk it through? Call or text Micah at (281) 636-5682.
How much cash does an Alaska flip take to close?
This is the worked example from our Alaska pricing below, on the program with the least cash to close at 700 credit. Your real number depends on the property, your credit and your experience, and the term sheet shows it before you commit.
$55,000 of rehab, $400,000 after repair value, a first flip at 700 credit on the First Flip, 10% Down program.
- Loan
- $293,500
- Rate
- 11.74%
- Down payment (10% of purchase)
- $26,500
Rates from 9.99% with 5+ completed flips in Alaska.
See every line of the mathSee your cash to close in Alaska before you apply
Pick the loan type and plug in your deal. It runs the same math as our term sheets, on the programs that lend in Alaska. Your final numbers depend on what the lender approves.
Sizing your deal on the same terms as the term sheet. Get my real numbers →
What We Fund in Alaska
Alaska files come with a smaller comp pool, seasonal timing and higher carrying costs, and lenders price all three. We send Anchorage and Fairbanks deals to lenders that actually lend in the state, not ones that advertise nationwide and back out when they see the address.
- Rates
- from 9.99% with 5+ flips
- With experience
- 5% down (5+ flips)
- Rehab
- 100% funded, paid in draws
- Qualify on
- the rent, no W-2s or tax returns
- Down
- from 20% at 700+ credit
- Good for
- buy-and-hold, BRRRR refinances
- Good for
- buying fast or holding until the sale or long-term loan
- Pricing
- set per deal
Alaska rates, fees and down payments as of October 2026
These are the programs we place Alaska deals with and what they are pricing at right now. The examples use the same math as our term sheets, so you can see roughly what you would bring to closing before you ever call us. Your final terms depend on the property, your credit and experience, and what the lender approves.
Fix and flip in Alaska How the programs work
Purchase plus 100% of the rehab budget, funded through draws. The program you land on depends on credit and how many flips you have completed. Rates from 9.99% with 5+ completed flips in Alaska. Fund in 10-14 days with 5+ completed flips, 21-30 days on a first flip.
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| First Flip, 10% Down1 | 10% of purchase | 680+ | First flip OK | 11.00% to 12.74% | 1% | 75% of ARV | 12 months | 21-30 days |
| 5% Down, 5+ Flips2 | 5% of purchase | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
Program notes (2)
- Rate is set by credit: 11.00% at 760+, 11.74% at 700-759, 12.74% at 680-699. 90% of the purchase plus 100% of the rehab (up to $250,000), capped at 75% of ARV. 1% origination ($3,500 minimum on loans under $150,000) plus a $1,699 lender service fee.
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
First flip in Anchorage, 700 credit
- Loan amount
- $293,500
- Down payment (10% of purchase)
- $26,500
- Rate
- 11.74%
- Origination (1%)
- $2,935
- Broker fee
- $2,935
- Lender fees
- $1,699
- Title, insurance, appraisal, prepaid interest
- $8,527
- Estimated cash to close
- $42,596
- Cash the lender wants to see in the bank
- $74,674
- Interest per month while you rehab
- $2,333
Sized to the Alaska market: the typical Alaska home is worth about $398,663 and a starter home about $252,942 (Zillow Home Value Index, August 2026). Single family homes sold in a median of 23 days with 2.3 months of supply (Redfin, May 2026). So the example buys at about two thirds of the typical value, budgets a mid-range rehab and resells at the typical value.
Estimates on Capital Kings terms as of October 2026. Cash to close includes down payment, origination, broker fee, the lender's own fees (processing, underwriting, legal or doc prep), title, prepaid interest, insurance and appraisal. Rehab is funded 100% through draws on every program, but draws pay you back after each phase is done, so the lender also wants to see enough in the bank to front the first phase and cover a few months of payments. That is the bank figure on each card, and it is not money you spend at closing. Title is estimated from Texas title rates; your Alaska title company quotes the real number.
DSCR rental loans in Alaska Full DSCR guide
Rates are 30-year fixed, priced off loan-to-value: 7.00% up to 70% LTV, 7.13% up to 75% LTV, 7.25% up to 80% LTV for a 760+ borrower with a 5-year prepay, plus 0.19% for a rate and term refinance, 0.37% for cash-out (0.77% above 75% LTV) and 0.26% for 2-4 units. No lender origination points. Lender fees about $2,295, plus our 1% broker fee ($2,000 minimum), all itemized on the term sheet. Minimum 1.00 DSCR, minimum 660 credit, minimum $100,000 loan, 3 months of reserves on a purchase and 6 on a cash-out. No W-2s, no tax returns, no debt-to-income ratio.
| Credit | Purchase max LTV | Purchase rate at max LTV | Cash-out max LTV | Cash-out rate at max LTV |
|---|---|---|---|---|
| 760+ | 80% | 7.25% | 80% | 8.02% |
| 740 to 759 | 80% | 7.38% | 80% | 8.15% |
| 720 to 739 | 80% | 7.61% | 80% | 8.38% |
| 700 to 719 | 80% | 7.88% | 75% | 7.82% |
| 680-699 | 75% | Priced per file | 70% | Priced per file |
| 660 to 679 | 65% | Priced per file | 60% | Priced per file |
Cash-out refinance on an Anchorage rental, 740 credit
- Maximum loan (80% LTV)
- $320,000
- Rate (30-year fixed)
- 8.15%
- Lender fees (underwriting, legal, setup)
- $2,295
- Broker fee (1%, $2,000 minimum)
- $3,200
- Principal and interest per month
- $2,382
- Reserves required
- 6 months
Purchase only (no rehab) in Alaska
Buying a property that does not need work, or handling the rehab yourself: our priced purchase-only program does not lend in Alaska yet. Send the deal and we price it per file with the lenders that do.
Alaska, city by city
The Alaska markets we fund most. Not on the map? We broker every county in the state, so send the deal and we place it.
What do common deals cost to close?
Each question has its own page with the worked example line by line and the sample term sheet. The figure is the answer on that page.
- Can I get a fix and flip loan with a 500 or 600 credit score?
- How much cash do I need to flip a $200K house?
- How much cash do I need to buy a $250K rental with a DSCR loan?$61,523Cash to close
- What does a $300K DSCR rental refinance cost?$10,251Closing costs, payoff only
- How much rent do I need to qualify for a DSCR loan?$1,904Rent needed
- How much down for new construction with no experience?
- How do draws work on a hard money construction loan?
- Can I buy the lot and build with one construction loan?
- Can I be my own builder on a construction loan?
- What are construction loan rates right now?
Questions about loans in Alaska
Do you lend hard money loans in Alaska?
What cities in Alaska does Capital Kings lend in?
Do you offer DSCR rental loans in Alaska?
How fast can an Alaska hard money loan close?
What's the minimum down payment for an Alaska fix-and-flip loan?
What credit score do I need for an Alaska hard money loan?
Can I do a DSCR cash-out refinance on an Alaska rental?
How do these loans actually work?
These guides use Texas deals for their examples, but the way the loans work, what lenders check and how to compare offers is the same on an Alaska deal.
Next to Alaska, we also lend in Washington. See all 38 states we lend in →
Ready to fund your Alaska deal?
Text us the deal or send it through the application. We run it past the lenders that fit and send back a term sheet on your actual numbers, no full application needed to get started.