New Silver for Kansas investors
New Silver is a tech-forward non-QM lender with fast underwriting and accessible minimum loan sizes that suit newer investors.
Kansas context
Kansas strong cash flow.
How New Silver positions in Kansas
Within Kansas, New Silver competes alongside other DSCR lenders. New Silver strengths: tech-driven fast underwriting, low minimum loan sizes. The high aggregate DSCR economics of Kansas create demand for New Silver programs in Wichita and Kansas City KS particularly.
City-level coverage in Kansas
New Silver provides DSCR coverage across Kansas metros including Wichita, Kansas City KS, and Topeka. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. New Silver program terms apply uniformly across Kansas metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $3.0M |
| Rates | 9.5%-11.75% |
| Points | 1 - 3 |
| Max LTV | 85% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 5-14 days typical |
| Kansas property tax | 1.5% |
| Kansas state income tax | 5.7% |
New Silver strengths in Kansas
- tech-driven fast underwriting
- low minimum loan sizes
- BRRRR-friendly
Ideal borrower: Newer-to-mid investor with smaller deal sizes
FAQ
Yes, operates nationally including Kansas. New Silver is based in West Hartford, CT and operates nationally.
Wichita is the top investor market in Kansas and falls within New Silver national coverage. Wichita property tax follows the Kansas state rate of 1.5 percent. New Silver typically underwrites Wichita acquisitions at standard rate sheets.
Yes. Kansas City KS ranks among the larger Kansas investor metros and sees consistent DSCR loan volume from New Silver. Submarket variation within Kansas City KS matters for property selection.
New Silver applies the same rate sheet across Kansas metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Wichita, Kansas City KS, and Topeka all qualify for the same New Silver program.
New Silver indicative DSCR rate range is 9.5 to 11.75 percent with 1 to 3 points.
Kansas strong cash flow. New Silver follows standard business-purpose loan structures.
New Silver funds fix-and-flip, BRRRR, rental, bridge in Kansas.
Kansas allows standard DSCR prepay structures; New Silver typically uses 3-5 year step down.
New Silver typical close: 5-14 days typical.
Bottom line
Kansas investors considering New Silver should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with New Silver.