Washington New Construction Loans
There are 50 construction private money lenders operating in Washington. The median amount for loans is $314,704. Interest rates for loans average about 10.9%. 15 months is the median term for loans issued in the state. A typical hard money loan made in this state carries a 3.0 point origination cost. Lenders in Washington average a 74% LTV on their deals.
Loan Example 1
Maritza is a builder and decides to build a home on a vacant lot in Silverdale, WA. On top of the $170,000 cost of the lot, Maritza estimates she will require around $300,000 in building expenses to build the house. Forest Grove Finance will fund the project at a 50% loan-to-value (LTV) with a 9%, 12 month new construction loan with two origination points to be paid at closing. There will be no pre-payment penalties on the note and building expenses will be paid over three draws. According to this deal scenario, the lender will contribute $235,000 of the purchase and building expenses. The borrower will need to pay $235,000 down, a $4,700 origination charge, and $1,763 per month in loan payments. After subtracting all expenses, Maritza will pocket a $134,150 gross profit if she achieves his goal of a $630,000 sales price.
Loan Example 2
Esmeralda is an investor and she wants to construct a single family home on a lot in Redmond, WA. To pay for the deal, she takes a construction loan from Perfect Lending Company with the following terms:
Esmeralda plans to list the property when the note expires for $440,000. If she succeeds, the final numbers will be the following:
$440,000 sales price
- $198,000 principle on note (60% LTV)
- $132,000 down payment (40% on 60% LTV)
- $3,960 origination points (2% of the $198,000 principle)
- $19,800 interest payments (12 months x 10% interest)
-----------------------
= $86,240 net profit
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Temple View Capital
7550 Wisconsin Ave. 10th Floor
Bethesda, MD 20814
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans ...
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $250k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
Nationwide Mortgage
1963 OToole Way Suite 200
San Jose, CA 92691
Nationwide Mortgage in located in San Jose, CA provides assistance arranging hard money loans for commercial properties, fix and flip hard money loans, hard money refinancing, loans for rental properties, and short term bridge loans. Loan amounts ranging from $100,000 ...
LBC Capital
6350 Laurel Canyon, Suite 350
North Hollywood, CA 91606
Headquartered in North Hollywood, CA, LBC Capital is a private money lender providing funding in California, Oregon, and Washington. They offer cash out hard money loans, loans for investments properties, commercial loans, short term loans, hard money construction ...
Conventus
111 Potrero Avenue
San Francisco, CA 94103
Conventus is a San Francisco, Direct Lender. We offer bridge and DSCR. New construction as well. We offer fix and flip loans at no points, and have a 90% program. Minimum FICO: 660. Contact Melissa at mkorda@cvlending.com for pricing and ...
Anchor Loans
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partner
701 W Broad Street, Suite 200
Bethlehem, PA 18018
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Kiavi
575 Market Street
San Francisco, CA 94105
With more than $20B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Lima One Capital
201 East McBee Ave, Suite 300
Greenville, SC 29601
Since its inception in 2011, Lima One Capital has funded over $9 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up ...
Builders Capital
505 5th Ave S., Suite 650
Seattle, WA 98104
Builders Capital is hard money lender headquartered in Seattle, WA. They offer loans throughout Washington and Oregon. They offer ground up construction loans, fix and flip loans, and short term bridge loans. They offer ...
Global Integrity Finance
321 N Central Expressway, Suite 360
McKinney, TX 75071
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
Veristone Capital
6725 116th Ave NE, Suite 210
Kirkland, WA 98033
Veristone Capital is private lender headquartered in Kirkland, WA. They offer loans in Oregon and Washington. They offer hard money bridge loans, fix and flip loans, new construction loans, commercial loans, and cash out hard money ...
Easy Street Capital
201 W 5th St Suite 1100
Austin, TX 78701
Easy Street Capital is an asset-based lender providing funding in California, Texas, Tennessee, Colorado and Washington.Easy Street Capital is a relationship lender with loan programs for every borrower. Regardless of experience or credit we are able to finance your next ...
Intrust Funding
14508 NE 20th Street, Suite 200
Bellevue, WA 98007
Founded in 2009, Intrust Funding is a Bellevue, WA, based hard money lender who provides loans for real estate investors in Western Washington.The company offers standard and rehab loans for distressed real estate, residential real estate, and foreclosure. It also ...
Juniper Capital
22500 SE 64th Pl, Suite 230
Issaquah, WA 98027
Juniper Capital is private money lender based in Issaquah, WA. They provide loans throughout Washington. They provide fix and flip loans, builder loans, and commercial loans. They offer terms between 6 months and 3 ...
Legacy Group Capital
400 112th Ave NE Street Suite 300
Bellevue, WA 98004
Legacy Group Capital (Legacy) is an integrated real estate company focused on community-based engagement in private lending and real estate investing. Legacy empowers homebuilders, real estate investors, homeowners, and homebuyers with a flexible lending and investment platform. The Legacy platform ...
Park Place Finance
500 West 2nd Suite 1900
Austin, TX 78701
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get ...
Level 4 Funding
440 E Huntington Dr #300
Arcadia, CA 91016
Based in Arcadia, CA, Level 4 Funding is a private lender providing loans in 8 states across the country. They offer cash out hard money loans, short term bridge loans, construction loans, rental property loans, private commercial loans, ...
Genesis Capital
21650 Oxnard Street, Suite 1700
Woodland Hills, CA 91367
Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...
Merchants Mortgage & Trust Corporation
7400 E Crestline Cir #250
Greenwood Village, CO 80111
Based in Greenwood Village, CO, Merchants Mortgage & Trust Corporation is a private lender providing loans in 9 states throughout the U.S. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial ...
Sunset Equity Funding
6125 Washington Blvd, 3rd Floor
Culver City, CA 90232
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new construction loans, ...
Red Rock Capital
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan parameters are flexible, ...
Ascent Capital
500 108th AVE NE, Suite 2000
Bellevue, WA 98004
Ascent Capital is a Northwest based private portfolio lending company. We have deep roots in the lending industry and take a disciplined approach to every real estate transaction we fund. Ascent is built on high standards, offering fair, ...
Private Money Utah
349 E. 900 S. Suite 201
Salt Lake City, UT 84111
Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
Hanson Capital Group
7621 E. Gray Rd. Suite B2
Scottsdale, AZ 85260
Hanson Capital is a collateral based lender, so credit isn´t as important to us as the real estate itself. Our goal is to keep the process as simple as possible, from the initial screening to approval.At Hanson Capital, we’re more ...
Lead Funding
7400 East Orchard Road, Suite 3000N
greenwood Village, CO 80111
Lead Funding is a private money lender offering funding in Arizona, Colorado, Texas, and Washington. They offer lending solutions for many different scenarios, including private refinancing, fix-and-flip hard money loans, and hard money construction loans. They provide rates starting at ...
Westar Funding
728 3rd St, Suite D
Mukilteo, WA 98275
Westar Funding is private lender headquartered in Mukilteo, WA. They offer loans in Washington, Oregon, and Idaho. They provide commercial loans, short term loans, hard money construction loans, and fix-and-flip loans. They offer ...
Peak Choice Capital
601 Silver Creek Drive
Shorewood , IL 60432
Chicago-based lender Peak Choice Capital is a private lender providing funding in 45 states throughout the US. Peak Choice Capital offers short-term bridge loans, DSCR loans for investment properties (1-4 units and 5+ units), cash-out loans, fix-and-flip loans, and small-balance ...
Pyatt Broadmark Management
600 University Street, Suite 1800
Seattle, WA 98101
Based in Seattle, WA, Pyatt Broadmark Management is a hard money lender offering loans throughout Washington, Oregon, and Idaho. They provide fix and flip hard money loans, buy and hold loans, hard money loans for commercial properties, ...
Royal Development
200 Spectrum Drive #1460
Irvine, CA 92618
Royal Development is an Irvine, CA based private lender. They provide funding in California, Texas, and Washington. They offer short term loans, new construction loans, commercial hard money loans, rental property loans, private refinancing, and fix-and-flip ...
Private Capital Northwest
3500 188th Street SW, Suite 680
Lynwood, WA 98037
Private Capital Northwest is hard money lender based in Lynwood, WA. They provide funding throughout Washington, Oregon, and Idaho. They provide short term bridge loans, hard money loans for commercial properties, builder loans, and short ...
CalCap Financial
65 N. Catalina
Pasadena, CA 91106
CalCap Financial is a hard money lender headquartered in Pasadena, CA providing loans throughout California, Arizona, Washington, and Colorado. They offer loans for investments properties, fix and flip hard money loans, cash out hard money loans, and ...
Eastside Funding
3927 Lake Washington Blvd NE
Kirkland, WA 98033
Eastside Funding is a Kirkland, WA based private money lender. They offer loans throughout Washington, Oregon, and Idaho. They offer lending solutions for a variety of situations, including commercial loans, short term loans, fix-and-flip hard money loans, ...
Island View Private Loan Fund
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
Veristone Mortgage
1880 S. Cobalt Point Way, Suite 200
Meridian, ID 83642
Veristone Mortgage is private lender headquartered in Meridian, ID. They offer loans throughout Oregon, Washington, and Idaho. They provide loans for a variety of scenarios, including short term fix and flip loans, construction loans, hard money ...
Unlimited Capital Group
2670 N. Main St, Suite 350B
Santa Ana, CA 92705
Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country. They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...
Seattle Funding Group
7272 E Indian School Road, Suite 540
Scottsdale, AZ 85251
Seattle Funding Group is private lender based in Scottsdale, AZ. They provide funding in 9 states across the country. They provide lending solutions for a variety of needs and situations, including long term rental property loans, commercial ...
Alternative Financial Services
PO Box 40186
Spokane, WA 99220
Alternative Financial Services is a Spokane, WA based private lender providing funding throughout Washington, Idaho, Wyoming, and Arizona. They offer loans for many different situations, including fix-and-flip loans, short term bridge loans, construction loans, and private commercial ...
Peer-to-Peer Trust Deeds
1701 N. California Blvd, Suite 105
Walnut Creek, CA 94596
Peer-to-Peer Trust Deeds is an asset-based lender in Walnut Creek, CA providing funding throughout Washington, Oregon, and California. They offer loans for many different situations, including short term fix and flip loans, new construction loans, loans for rental ...
Gregory Russell
245 Carriage Lane
Roseburg, OR 97471
Gregory Russell is a Roseburg, OR based private lender. They offer loans in Washington. They offer loans for a variety of needs and situations, including hard money construction loans, fix-and-flip loans, private commercial loans, bridge loans, and ...
Liberty Financial
14742 Beach Blvd. #428
La Mirada, CA 90638
Liberty Financial is a private lender in La Mirada, CA providing loans in California, Washington, Oregon, Nevada, and Arizona. They provide private commercial loans, builder loans, fix-and-flip hard money loans, buy and hold loans, private refinancing, and ...
Empire Financial Services
PO Box 58804
Tukwilla, WA 98138
Empire Financial Services is a Tukwilla, WA based hard money lender who offers funding in 16 states across the country. They offer lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip ...
Investor Rehab Funding
1995 North Park Place SE, Suite 415
Atlanta, GA 30339
Investor Rehab Funding is hard money lender headquartered in Atlanta, GA. They provide loans in 40 states throughout the US. They offer fix-and-flip hard money loans, private refinancing, investment property loans, and new construction loans. ...
Mortgage Equities Inc
200 NE Pacific St., Suite 100
Seattle, WA 98105
Headquartered in Seattle, WA, Mortgage Equities Inc is an asset-based lender offering loans throughout Washington, Oregon, and Idaho. They provide loans for many different needs and situations, including ground up construction loans, bridge loans, and commercial hard ...
Taylor Derrick Capital
357 W 200 S #200
Salt Lake City, UT 84101
Headquartered in Salt Lake City, UT, Taylor Derrick Capital is a hard money lender offering funding in 10 states across the country. They provide lending solutions for a variety of scenarios, including commercial loans, loans for rental properties, hard ...
WADOT Capital
5413 Meridian Ave N, Suite C
Seattle, WA 98103
Based in Seattle, WA, WADOT Capital is a hard money lender offering loans in Washington, Oregon, and Idaho. They offer lending solutions for a variety of situations and needs, including hard money construction loans, fix and flip hard ...
Inland Capital
120 N Stevens St, Suite 300
Spokane, WA 99201
Inland Capital is a Spokane, WA based hard money lender. They provide funding throughout Washington, Idaho, and Oregon. They offer short term fix and flip loans, hard money refinancing, private commercial loans, hard money construction loans, ...
NLDS Corp
35 Trenton Ave
Long Beach, NY 11561
Headquartered in Long Beach, NY, NLDS Corp is a private lender providing funding in 32 states throughout the US. They offer lending solutions for a variety of scenarios, including hard money bridge loans, fix-and-flip hard money loans, investment property ...
Rain City Capital
12131 113th Ave NE, Suite 201
Kirkland, WA 98034
Rain City Capital offers financing solutions to real estate investors in the state of Washington. They specialize in short-term loans for residential real estate and can close loans very quickly. Their rates start at just 12% with two ...