Fix and flip loans in Kansas, funded in 48 hours.

Yes. PML funds fix and flip loans in all 50 states, with active flipper books in Wichita, Overland Park, Kansas City, and Topeka. Single-family, duplex, triplex, and fourplex properties. Loan size from $100,000 to $5,000,000 per asset, with cross-collateralized facility lines available for sponsors running three or more concurrent Kansas projects. No state-line carve-outs on pricing or leverage; a Sedgwick County flip prices off the same rate sheet as a Johnson County flip.

Kansas does not require a separate state lender license for business-purpose loans on 1 to 4 unit non-owner-occupied investment property held by an entity. PML originates Kansas fix and flip loans under that posture, with closings handled through the customary Kansas closing process. Loans are not consumer mortgages; they cannot be used for a primary or secondary residence. The borrower is always an LLC, LP, or corporation, never a natural person.

The bulk of Kansas fix and flip activity in our book lands in a $145,000 to $325,000 ARV band, with loans typically between $116,000 and $262,000 on a single asset. Wichita and Overland Park skew toward the lower half of that band on entry-level cosmetic flips; Mission Hills and inner Overland Park stretch to $585,000 plus on full-gut projects. We will write a Kansas loan as small as $100,000 and as large as $5,000,000.

Kansas is a title-company state. Closings happen at a licensed title company that handles both the title commitment and the escrow function — there is no attorney-state requirement and no separate settlement attorney. PML has working relationships with title companies in every major Kansas metro and routes closings to whichever office produces the fastest commitment for the subject property’s county. A clean Kansas file regularly closes 5 to 7 business days from term-sheet acceptance.

Kansas eliminated its mortgage registration tax in 2019; only the standard county recording fee applies. The deed itself carries no Kansas transfer tax. PML’s quote on the HUD reflects the actual Kansas tax and recording schedule for the subject county; there are no lender markups on third-party closing costs.

Kansas spring storm and tornado season (March through June) does not pause draws but may delay roofing and siding work in the immediate aftermath of an event in a specific submarket. Inspector clears within one business day; wire goes out within 48 hours, year-round.

Kansas is a judicial foreclosure state. A defaulted business-purpose loan moves through the courts in roughly 6 to 9 months from filed complaint to sheriff's or commissioner's sale — materially longer than non-judicial states like Texas or Arizona. As a sponsor this should never matter; as an underwriting input it is reflected in our Kansas risk pricing.

The Sedgwick County e-recording system normally posts a deed and deed of trust the same business day they are submitted. Other major Kansas metros (Overland Park, Kansas City and Topeka) run similarly fast on e-recording. PML wires loan proceeds the day of close; the lien recording happens in parallel.

Yes. Kansas foreclosure sales are court-ordered judicial sales conducted by the county sheriff or court-appointed commissioner, with the sale date set by the court after entry of the foreclosure judgment. PML can fund acquisitions from courthouse-step foreclosure sales when title is clean and judgment is final, with a binding term sheet inside four business hours. Plan additional time for confirmation-of-sale where the Kansas courts require it.

Yes. PML can close into a newly-formed Kansas LLC even if you took the property under contract in your personal name. The closing party handles the deed transfer at closing — the property moves from your personal name into the new entity simultaneous with the loan funding, with the standard Kansas transfer-tax treatment applied at close. We do not lend to natural persons; the borrower is always an entity. We can help structure the entity if you do not yet have one in place.