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Hard money loans across Washington

We finance investment property in every part of the state, from Puget Sound to Spokane and the Columbia River. These are the markets we write about in detail.

City guides

CityRegionWhat investors buy there
SeattleKing CountyCraftsman flips, rentals and townhome infill projects
BellevueEastsideMid-century renovations and high-end new construction
RentonSouth King CountySingle-family flips, rentals and infill builds
KentSouth King CountyCosmetic flips on ramblers and split-levels
Federal WaySouth King CountyLower-priced single-family homes, condos and townhomes
TacomaPierce CountyEarly-1900s homes and rentals near the base and the port
EverettSnohomish CountyCraftsman homes and small multi-families
OlympiaThurston CountyRentals for state and military tenants
VancouverClark CountyBungalow renovations and suburban flips in the Portland metro area
SpokaneEastern WashingtonBuy, renovate, rent and refinance deals at lower price points

We lend statewide

You do not need to be in one of the cities above. We lend on investment property anywhere in Washington, including the Eastside, Snohomish County, the Kitsap Peninsula, the South Sound, Bellingham and Whatcom County, the Tri-Cities, Yakima, Wenatchee and the Spokane area.

What is different about lending in Washington

  • Escrow closings. Washington closings are handled by escrow and title companies, so have your escrow officer’s contact details ready when you apply.
  • Older homes around Puget Sound. Houses from the early 1900s often have a buried heating-oil tank, an aging side sewer or a foundation that was never bolted down. Rehab budgets need to cover them.
  • More homes per lot. State law now requires most cities to allow more than one home on a residential lot, and Seattle allows at least four on most lots. That has made townhome and infill construction a common investor project.
  • Excise tax on resale. Washington charges the seller a real estate excise tax on the sale price. Include it in the exit costs on a flip.
  • Rent rules. A 2025 state law limits most annual rent increases, with newer buildings exempt for their first 12 years. Seattle, Tacoma and several other cities add their own landlord rules.
  • Local short-term rental rules. Each city and county sets its own. Seattle requires an operator license and limits each operator to two units.
  • Wet winters. West of the Cascades, roofing, siding and site work slow from late fall to early spring. East of the mountains, plan around snow and freezing temperatures.

Loan programs available statewide

ProgramWhat it fundsMaximum leverage
Fix and flip loansBuying and renovating a property you plan to resellUp to 90% of purchase and 100% of rehab, capped at 70 to 75% of after-repair value
DSCR rental loansBuying or refinancing long-term and short-term rentalsUp to 85% loan-to-value on a purchase, up to 80% on a cash-out refinance
New construction loansGround-up builds, including the landUp to 90% of cost for experienced builders, capped at 70 to 75% of completed value
Portfolio and commercial loansSeveral rentals under one loan, plus multifamily and commercial propertyUp to 80% on a portfolio purchase; commercial quoted deal by deal
Leverage depends on credit, experience, property type and market. Minimum loan $75,000.

Have a deal? Send it over.

Tell us the address, the purchase price and your plan for the property. We will come back with leverage and pricing for your scenario.