Montana flips come with a short building season, a thin contractor bench and comparable sales that are harder to find than in most states. A lender that understands that and closes quickly is worth a lot.
In short: Our top pick for hard money in Montana is LendingStreet, an investor lender with fix and flip, bridge and DSCR rental loans in one place. Why investors choose LendingStreet: it offers hard money style speed with closings in as little as 10 days, leverage up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for Montana homes investors decide to rent. Rates start from 7.99%, loans run $150,000 to $5M+, and we lend in all 50 states and DC.
LendingStreet offers fix and flip and bridge loans for 1-8 unit residential investment property in Montana. Loans run from $150,000 to $5M+, cover up to 90% of cost and up to 100% of rehab on some programs, and can close in as little as 10 days. They are short-term and interest-only, with rates from 7.99%.
It fits investors renovating homes in Billings, Missoula, Bozeman, Kalispell, Helena, Great Falls and Butte. LLC borrowers are standard, and when a finished home makes more sense as a rental, the exit is a refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns.
The next step is simple: get a quote with the form below, or call (877) 298-1001 and tell us the address, price, rehab budget and timeline.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Montana. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Most Montana investors weigh a few kinds of lenders: local hard money lenders, private individuals, and local banks or credit unions. Each can work. The table shows where LendingStreet stands out on the things that matter for a flip.
The biggest difference is the exit: LendingStreet can move a finished property straight into a long-term DSCR loan.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Loan programs | Fix and flip, bridge and DSCR rental loans in one place | Usually short-term only | Varies by individual | Often conventional products; rehab loans vary |
| Leverage | Up to 90% of cost; up to 100% of rehab on some programs | Varies; fees and terms vary | Negotiated deal by deal | Often requires a larger down payment |
| Speed | Close in as little as 10 days | Often fast | Can be fast if funds are available | Often slower underwriting |
| Loan size | $150,000 to $5M+ | Varies | Limited to the individual's funds | Varies |
| Pricing | Rates from 7.99% | Varies | Varies | Varies |
| Long-term exit | Refinance into a DSCR loan with the same lender | Usually no long-term option | Usually no long-term option | Possible; often requires tax returns |
| Borrowing in an LLC | Standard | Common | Varies | Varies |
| Where they lend | All 50 states and DC | Usually local or regional | Usually local | Usually local or regional |
Billings is the state's largest city and has a wide range of older ranch homes and split-levels that suit mid-level rehabs. Great Falls, Helena and Butte offer lower entry prices, with older homes near downtown that often need mechanical and foundation work.
Missoula, Bozeman and the Flathead Valley around Kalispell and Whitefish have higher prices and strong demand, which means bigger budgets and bigger after-repair values. Rural properties may have wells, septic systems and long driveways that change the scope and the insurance quote.
Montana does not impose a state real estate transfer tax. It is also a nondisclosure state, so sale prices are not part of the public record. That makes after-repair values harder to support, so work with a local agent or appraiser who has access to recent sales.
Montana generally uses trust indentures that allow a nonjudicial trustee's sale, so foreclosures can move faster than in court-supervised states. Bank-owned homes appear, but inventory in the most popular towns is often tight.
Many Montana cities run their own building departments, and in some areas the state building codes program handles permits, so confirm who has jurisdiction before you start work. Contractor schedules fill up quickly in spring and summer.
Wildfire risk affects insurance in many western Montana areas, and snow limits exterior work for much of the year. Build those realities into your timeline and hold costs.
This example is illustrative and not a quote. An investor buys a 1970s split-level in Billings for $300,000 and budgets $70,000 for kitchen, two baths, flooring, roof and paint. The after-repair value is estimated at $455,000. A loan covering 85% of the price and 100% of the rehab comes to $325,000, about 87.8% of total cost, so the investor brings $45,000 plus closing costs.
The estimated interest-only payment is about $2,844 a month. Over a 6-month hold that is about $17,062 in interest, plus about $2,880 in taxes, insurance and utilities. With assumed buy-side closing costs of $9,000 and selling costs of $31,850, the estimated profit on a sale is about $24,208 on roughly $73,942 of cash invested.
If the investor keeps it as a rental instead, a DSCR refinance at 75% of the after-repair value is $341,250, enough to pay off the $325,000 short-term loan. At $2,950 a month in rent, estimated principal and interest is about $2,328 and taxes and insurance about $520, for a total of $2,848 and a DSCR of about 1.04x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Purchase price | $300,000 |
| Rehab budget | $70,000 |
| After-repair value | $455,000 |
| Short-term loan (85% of price + 100% of rehab) | $325,000 |
| Share of total cost | About 87.8% |
| Estimated monthly interest-only payment | $2,844 |
| Interest over 6 months | $17,062 |
| Estimated profit on sale | $24,208 |
| DSCR refinance at 75% of value | $341,250 |
| Estimated principal and interest | $2,328 |
| DSCR at $2,950 rent | About 1.04x |
Plans change. A slow resale market, a strong rent estimate or a good long-term location can make keeping the home the better move. With LendingStreet, the short-term loan can be refinanced into a DSCR loan that qualifies on the property's rent. In Bozeman, Missoula and Billings, steady rental demand means a finished home often supports a DSCR loan, which qualifies on rent instead of tax returns.
DSCR loans start at $150,000 with no stated maximum, use a 1.0x standard minimum DSCR with sub-1.0 programs available, require a 620 minimum credit score and offer 30-year terms. Rate-and-term refinances go up to 80% LTV on some programs and cash-out goes up to 75%. Seasoning varies by program, so ask before you set your timeline.
Ask every lender the same questions so you can compare offers on equal terms.
Here is how LendingStreet answers: up to 90% of cost and up to 100% of rehab on some programs, close in as little as 10 days, $150,000 to $5M+ with larger balances reviewed case by case, LLC borrowers standard, a 1.0x standard minimum DSCR for the rental exit with sub-1.0 programs, and seasoning that varies by program.
A complete package gets a faster answer. Send these with the form below or call (877) 298-1001.
Our top pick is LendingStreet. It offers hard money style speed, closing in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for homes you keep, all from one investor lender.
Yes. LendingStreet lends on investment property in Montana and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
LendingStreet can close in as little as 10 days. A complete file with a signed contract, rehab budget and entity documents helps keep the timeline short.
Up to 90% of cost and up to 100% of rehab on some programs. Loans run from $150,000 to $5M+, and the final terms depend on the deal and your experience.
Yes. Many investors refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns. Seasoning varies by program.
Montana is a nondisclosure state, so sale prices are not part of the public record. Work with a local agent or appraiser who can access recent sales to support your after-repair value.
Snow limits exterior and concrete work for much of the year, so many investors plan to finish roofs, siding and grading in summer and fall. Build extra time into a winter hold.
No. Our loans are business-purpose loans on non-owner-occupied investment property, from single-family homes up to 8 units.
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