Buy it. Fix it.
We fund both.Hard money loans for Wichita real estate investors
Prairie Stone Lending is a private lender based in downtown Wichita. We fund fix-and-flip, BRRRR and new construction projects up to 70% of after-repair value, covering as much as 100% of purchase and rehab.
- Pre-approval in about an hour
- Close in as little as 3 days
- No minimum credit score or income verification
Already a borrower? Sign in to your client portal to request a draw or check your payoff.
What we fund
Fix-and-flip loans
Buy, renovate and sell. Purchase funded at closing, rehab released in draws as work is done.
Flip loan detailsBRRRR loans
We carry the buy and rehab until the property is rented and you refinance into long-term debt.
BRRRR loan detailsNew construction loans
Lot to finished home, with funds released at each construction stage.
Construction loan detailsTerms built around your deal
Every project is different, so we quote each one on its own. Email us the deal at loans@prairiestonelending.com, and we'll send you a pre-approval, usually within an hour.
Every Prairie Stone loan includes
- Up to 70% of after-repair value
- Up to 100% of purchase and rehab when it fits
- Rehab funds released in draws as work is done
- No minimum credit score or income verification
- A local decision from the owners, not a loan committee
- Online portal for draws, balances and payoffs
From application to funded
Send the deal
Address, purchase price and rehab budget. The online application takes a few minutes.
Get your number
We value the finished house from closed sales nearby and send a pre-approval, usually within an hour.
Close with title
Sign at your title company. We can fund in as little as 3 days.
Build and draw
Request rehab draws and check your payoff any time from your client portal.
We're investors, just like you.
We flip and hold rentals in Wichita too, so we know what a deal needs to close on time. We look at the property and the plan, and we answer straight. Let's connect.
Prairie Stone Lending at a glance
- Lender type
- Private (hard money) lender for real estate investors
- Based in
- 433 N Washington St., Wichita, Kansas
- Loan types
- Fix and flip, BRRRR, new construction
- Maximum loan
- 70% of after-repair value, up to 100% of cost
- Requirements
- 100% asset-based. No minimum credit score or income verification
- Serving
- Wichita, Sedgwick County and surrounding areas
- Rates and terms
- Short-term; quoted per deal on request
- Speed
- Pre-approval in about an hour, funding in as little as 3 days
- Contact
- loans@prairiestonelending.com, (316) 399-3582
Where we lend
Wichita, Sedgwick County and the surrounding areas.
Wichita
Kansas City
Oklahoma CityQuestions investors ask us
What is a hard money loan?
A short-term loan from a private lender, secured by the property itself. Prairie Stone Lending makes hard money loans to Wichita real estate investors for flips, BRRRRs and new construction, sized by the property's after-repair value rather than your income.
How much can I borrow?
Up to 70% of the after-repair value. If your purchase price plus rehab fits under that, we can fund 100% of both. The calculator at the top of this page runs the same math.
What are your rates?
Rates and terms depend on the property and the project, so we quote each deal individually. Email the deal to loans@prairiestonelending.com or get pre-approved, and we'll usually get back to you within an hour.
How fast can you close?
Pre-approval usually takes about an hour, and we can fund in as little as 3 days once title is ready.
Do I need good credit or W-2 income?
No. We don't have a minimum credit score and we don't verify income. Our loans are 100% asset-based: we lend on the property, the rehab plan and the value when it's finished.
How do rehab draws work?
Rehab funds are held in reserve and released as work is completed. You request each draw from your client portal, and we fund it after review.
Can I extend my loan?
Extensions are available with our approval. Reach out before your maturity date and we'll walk through the options.
Where do you lend?
Wichita, Sedgwick County and the surrounding areas. Kansas City and Oklahoma City are coming soon.
New to hard money? Read our plain-English guides, including why investors choose hard money over banks.
Got one under contract?
Email the address and your numbers to loans@prairiestonelending.com. We'll tell you what we can lend, usually within an hour.