Overview
Easy Street Capital has one of the more flexible non-QM platforms in the market, with particular strength in short-term rental DSCR underwriting (counting projected nightly revenue rather than long-term lease income).
Easy Street Capital is based in Austin, TX and was founded in 2018. They operate nationally and offer fix-and-flip, BRRRR, rental, bridge, STR-friendly DSCR financing. Their loan amount range runs from $75K to $3.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, STR-friendly DSCR |
| Geographic coverage | National |
| Loan size | $75K – $3.0M |
| Interest rate range | 9.5% – 11.5% |
| Origination points | 1 – 3 |
| Max LTV | 80% of ARV |
| Max LTC | 90% of cost |
| Term lengths | 12-18 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
Strengths
- STR-DSCR program with projected income underwriting
- fast tech-driven origination
- experienced borrower programs
Ideal borrower
Investor with STR or BRRRR focus needing flexible underwriting
How Easy Street Capital compares for Chicago investors
For Chicago metro investors specifically, Easy Street Capital operates as one of multiple national options — competitive on broad product menus but local Chicago lenders sometimes win on relationship and close speed. As an institutional non-QM lender, their underwriting is templated and predictable — fast for experienced borrowers, less flexible for non-standard deals.
Common alternatives in Chicago
- Renovo Financial — Chicago-based, deepest local knowledge
- Kiavi — Tech-forward national leader
- Lima One Capital — Broad product suite, BRRRR-friendly
- Easy Street Capital — STR-DSCR specialist
Easy Street Capital FAQ
Yes — Easy Street Capital operates nationally and regularly funds Chicago-area deals
Easy Street Capital's indicative rate range is 9.5%–11.5% with 1–3 points. Pricing depends primarily on funded-deals history, deal leverage, and exit certainty.
Easy Street Capital's typical minimum loan is $75K, with maximum loan size up to $3.0M.
Easy Street Capital's typical close timeline is 7-14 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Easy Street Capital offers fix-and-flip, BRRRR, rental, bridge, STR-friendly DSCR financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Investor with STR or BRRRR focus needing flexible underwriting
This review is an independent directory listing. Hard Money Chicago is not affiliated with Easy Street Capital. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.