Tulsa offers affordable entry prices, a deep supply of mid-century brick ranches and bungalows, and rents that often support a long-term loan after the rehab. The risks are mostly physical: hail, storms, shifting clay soil and creek flooding.
In short: LendingStreet is our top pick for hard money in Tulsa. It closes in as little as 10 days, funds up to 90% of cost and up to 100% of rehab on some programs, and refinances finished rentals into DSCR loans with the same lender. Loans run from $150,000 to $5M+ with rates from 7.99%, on 1-8 unit investment property across Tulsa County and nearby suburbs.
LendingStreet is built for investors who need to move fast in Tulsa. Our short-term, interest-only loans on 1-8 unit investment property range from $150,000 to $5M+, fund up to 90% of cost and up to 100% of rehab on some programs, and can close in as little as 10 days, with rates from 7.99%.
It fits investors updating brick ranches in East Tulsa, Midtown and the Kendall-Whittier area, renovating bungalows near the Pearl District and Brookside, and flipping homes in Broken Arrow, Sand Springs, Sapulpa, Owasso and Jenks. LLC borrowers are standard.
The next step is simple: send the deal through the form below, or call (877) 298-1001 to talk it through.
If you are weighing CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital for a hard money loan for investors in Tulsa, OK, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
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. |
Tulsa investors usually compare a local hard money lender, private money and a community bank or credit union. Terms vary, so treat these as general patterns.
Where LendingStreet stands apart is the long-term DSCR exit from the same lender.
| Question to ask | LendingStreet | Typical hard money lender | Private money | Community bank |
|---|---|---|---|---|
| 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 |
Midtown and the areas around Brookside, the Pearl District and Kendall-Whittier have 1920s to 1950s bungalows and cottages near downtown and the University of Tulsa. East Tulsa and much of the suburbs are built out with 1950s to 1980s brick ranches, which are the bread and butter of local flipping and rental investing.
Expansive clay soils can move foundations, so look for cracks, sticking doors and drainage problems. Older homes may also need sewer line, electrical and HVAC work. Get a foundation evaluation on any home with visible settling.
Hail and severe storms are routine in northeast Oklahoma, and many insurers use separate wind and hail deductibles. A new roof can help both the resale and the insurance quote. Tulsa also has mapped floodplains along creeks and the Arkansas River, so check the flood zone before you buy.
Oklahoma charges a documentary stamp tax on deeds at a relatively low rate, and title and recording fees apply on both sides. Building permits for structural, electrical, plumbing and mechanical work run through the City of Tulsa or the suburb. Confirm costs and permits locally.
This example is illustrative and not a quote. An investor buys a 1960s brick ranch in East Tulsa that needs a roof, HVAC, a kitchen and flooring, then rents it out after the work. The purchase price is $160,000, the rehab budget is $50,000 and the after-repair value is estimated at $265,000. A loan covering 85% of the price and 100% of the rehab comes to $186,000, about 88.6% of the $210,000 total cost, so the investor brings $24,000 plus closing costs.
The estimated interest-only payment is about $1,628 a month. Over a 5-month hold that is about $8,140 in interest, plus about $2,000 in taxes, insurance and utilities.
Instead of selling, the investor keeps it. A DSCR refinance at 75% of the after-repair value is $198,750, enough to pay off the $186,000 short-term loan. At $1,900 a month in rent, estimated principal and interest is about $1,373 and taxes and insurance about $430, for a total of $1,803 and a DSCR of about 1.05x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Purchase price | $160,000 |
| Rehab budget | $50,000 |
| After-repair value | $265,000 |
| Short-term loan (85% of price + 100% of rehab) | $186,000 |
| Share of total cost | About 88.6% |
| Estimated monthly interest-only payment | $1,628 |
| Interest over 5 months | $8,140 |
| DSCR refinance at 75% of value | $198,750 |
| Estimated principal and interest | $1,373 |
| Estimated taxes and insurance | $430 |
| DSCR at $1,900 rent | About 1.05x |
Tulsa's entry prices and rents often line up well for long-term rentals, so many local flips become holds. LendingStreet refinances the short-term loan into a DSCR loan, and investors with five or more Tulsa rentals can ask about a blanket portfolio loan.
Our DSCR loans begin at $150,000 with no stated maximum, qualify on rent with no W-2s or tax returns, and use a 1.0x standard minimum DSCR, with sub-1.0 programs for thinner deals. The minimum credit score is 620, 30-year terms are available, and seasoning varies by program.
Before you commit, ask each lender these questions in writing.
Our answers, for comparison: up to 90% LTC and up to 100% of rehab on some programs, closings in as little as 10 days, loans from $150,000 to $5M+ with large balances reviewed case by case, LLC borrowing as standard, and a long-term DSCR loan with a 1.0x standard minimum, sub-1.0 programs, up to 80% LTV rate-and-term on some programs, 75% cash-out and seasoning that varies by program.
Have these ready, then get a quote 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, funding up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for the many Tulsa rehabs that become rentals.
Yes. LendingStreet lends on investment property across Tulsa and northeast Oklahoma, and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
Mostly through insurance and the rehab budget. A new roof can lower premiums and help resale. Confirm the wind and hail deductible, not just the premium.
Oklahoma charges a documentary stamp tax on deeds at a relatively low rate. Title and recording fees also apply, so ask your title company for estimates.
Yes. Many investors refinance into a LendingStreet DSCR loan that qualifies on rent, with no W-2s or tax returns. Seasoning varies by program.
From $150,000 to $5M+ on 1-8 unit investment property. Larger balances are reviewed case by case.
No. Every LendingStreet loan is a business-purpose loan on non-owner-occupied investment property.
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