Skip to the main content.

Seattle
Hard Money Loans

Apply Now

Seattle is one of the most vibrant and fastest-growing cities in the United States. However, with rising property prices and stiff competition, real estate investment can seem daunting. This is where hard money loans come in.

A hard money loan is a type of loan secured by real estate. It’s typically provided by a private lender or a group of trust investors, rather than a traditional bank or financial institution. Unlike traditional loans, hard money loans are usually short-term, lasting for a period of 6-24 months, and are based on the value of the property that is being purchased, rather than overall financial strength of the borrower.

For real estate investors in Seattle, hard money loans can be a great option for several reasons:  

  1. Fast: The approval process can be secured in as little as 24 hours. First Capital Funding (FCF) has closed loans in 24 hours in a pinch – but we prefer having a few extra days! This can be critical in a competitive real estate market like Seattle, where properties often sell quickly.
  2. Flexible: Hard money loans can offer greater flexibility than traditional loans. They can be used for a variety of purposes — including purchasing properties that are vacant, or need renovations or repairs — and can be customized to meet the needs of the borrower. This can be especially helpful for real estate investors who need to move quickly and make necessary repairs or upgrades to a property before putting it back on the market, or leasing to new tenants and refinancing into a long-term loan.
  3. Forgiving: Finally, hard money loans can be a good option for real estate investors who don’t qualify for traditional financing, either due to a one-off credit blemish or taking a paper loss on their personal income taxes. First Capital has worked with numerous borrowers over the years who didn’t qualify for a bank loan. In each instance, FCF was able to secure their acquisition or refinance with a private short-term bridge loan until the credit impairment fell off or when they filed taxes early in the new year. These situations are not uncommon with self-employed borrowers and real estate investors. 

Hard money loans can be a valuable tool for real estate investors in Seattle. They offer a fast, flexible, and forgiving options for securing the capital needed to purchase and renovate properties. 

Hard Money Bridge Loan Seattle

As Seattle’s hard money lender of choice, we proudly serve Everett, Bainbridge Island, Lynnwood, Snohomish, Bellingham, Bellevue, Kirkland, Redmond, Renton and Issaquah.

Why is First Capital Funding, Inc. the go-to source for hard money loans in Seattle?

First Capital Funding is a hard money mortgage broker with numerous lending sources to finance your real estate investments.

We are a dependable source of funding for buying, building and restoring investment properties. To meet the needs of real estate investors who seek long-term financing for a stabilized property, First Capital also provides a range of long-term loan solutions.

We've found that real estate investors frequently contend with complicated circumstances that make securing financing challenging. The intricacies of putting together a loan application vary depending on the situation, requiring further reliable guidance. For years, First Capital has worked with institutional and hard money lenders to place loans and fund projects, negotiating countless situations with hundreds of borrowers. We have a track record of successfully resolving even the most difficult financing situations because of our experience and wide network of knowledgeable trust deed investors and private lenders.

First Capital is a leader in hard money financing for real estate investors.

Hard Money Bridge Loan Snohomish County

Why Choose First Capital Funding, Inc. for hard money financing in Seattle?

To put it plainly, we understand hard money loans. The company has originated over 2,500 loans surpassing $2.5 billion since its founding in 2013. In 2022, the company originated over 500 loans for real estate investors across 23 states.

Many borrowers use First Capital repeatedly to fund their projects. Many clients initially came to First Capital for one loan type, such as a fix-and-flip loan. Yet, as needs evolved over time, the company was there to help them navigate their new projects with the right financing. This fix-and-flip investor might move on to rental properties, a second mortgage, new development, a loan for their primary property and possibly a cross-collateral second mortgage – with First Capital with them every step of the way.

Mortgage brokers are not limited to a single funding source, unlike some hard money lenders. Several conduit lenders who originate and sell their loans to Wall Street momentarily stopped all funding when the financial markets froze in March 2020, at the start of COVID-19. To keep projects moving until conduit lender financing resumed, First Capital switched these loans to mortgage funds, family offices and individual trust deed investors.

We may not always be the ideal option for every borrower, especially those who have always used bank financing, but we know what real estate investors need to close on a property when bank financing isn't an option.

What Sets First Capital Apart

What Sets First Capital Apart
Hard Money Bridge Seattle Washington

What Types of Hard Money Loans Does First Capital Funding, Inc. offer in Seattle?

Hard money loans can be used for a variety of different purposes. First Capital Funding offers the following types of loans to real estate investors in the Seattle area: 

Hard Money Fix and Flip Financing Southern Oregon
Private Money Loans Southern Oregon

Disclaimer: Information, rates, and pricing are subject to change without prior notice. All loans subject to borrowers and underlying collateral meeting First Capital Trust Deeds’ and/or assigns then-current underwriting criteria. Other restrictions apply.

Fill out the form below to get started.