Lima One Capital for Indiana investors
Lima One Capital is one of the deepest non-QM lenders in the country with a full product suite spanning fix-and-flip, BRRRR, rental, and new construction. Minimum DSCR is 1.00 (1.20 for best pricing). Particularly strong on the rental refi exit, which makes them a one-stop shop for BRRRR strategies.
Indiana context
Indiana strong cash flow Midwest metros. Low property tax. Indianapolis dominant investor market.
How Lima One Capital positions in Indiana
Indiana is well covered by national DSCR lenders, with Lima One Capital as one option. Where Lima One Capital differentiates: broad product suite. Where it competes: rates 7 to 12 percent against peer programs.
City-level coverage in Indiana
Lima One Capital provides DSCR coverage across Indiana metros including Indianapolis, Fort Wayne, and South Bend. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Lima One Capital program terms apply uniformly across Indiana metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge |
| Loan size | $75K - $2.5M |
| Rates | 7%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| Indiana property tax | 0.9% |
| Indiana state income tax | 3.2% |
Lima One Capital strengths in Indiana
- broad product suite
- long track record
- strong on multi-family
- BRRRR-friendly with rental refi exit
Ideal borrower: Investor wanting a single lender across hard money + DSCR rental exit
FAQ
Yes, operates nationally including Indiana. Lima One Capital is based in Greenville, SC and operates nationally.
Indianapolis is the top investor market in Indiana and falls within Lima One Capital national coverage. Indianapolis property tax follows the Indiana state rate of 0.9 percent. Lima One Capital typically underwrites Indianapolis acquisitions at standard rate sheets.
Yes. Fort Wayne ranks among the larger Indiana investor metros and sees consistent DSCR loan volume from Lima One Capital. Submarket variation within Fort Wayne matters for property selection.
Lima One Capital applies the same rate sheet across Indiana metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Indianapolis, Fort Wayne, and South Bend all qualify for the same Lima One Capital program.
Lima One Capital indicative DSCR rate range is 7 to 12 percent with 1 to 3 points.
Indiana strong cash flow Midwest metros. Low property tax. Indianapolis dominant investor market. Lima One Capital follows standard business-purpose loan structures.
Lima One Capital funds fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge in Indiana.
Indiana allows standard DSCR prepay structures; Lima One Capital typically uses 3-5 year step down.
Lima One Capital typical close: 10-21 days typical.
Bottom line
Indiana investors considering Lima One Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Lima One Capital.