Although in the past Bellevue may not have been known for its real estate market, today, among investors, it is. Private investors looking for Bellevue commercial real estate choose us for buy & hold and fix and flip projects in King County. For long term wealth and passive income, many of our borrowers choose one of our loan options to follow the BRRRR method, popularized by Bigger Pockets. Intrust Funding provides short term loans that range from 5 to 12 months. With an easy, transparent, and quick application process, Intrust Funding can provide funds for investments within 48 hours of approval. That means buying properties quickly and repaying loans in no time. Real estate investing has never been easier.
As leading hard lenders in Bellevue, we are known for our simple residential loan qualification process! Prequalifying for a residential loan from us is simple. Although there is no minimum credit score you need to have, we must have a credit report or a copy of a report issued in the last 12 months on file. This is just so we can make sure there aren’t any liens on collateral you might use for the loan. The second thing we need is a proof of funds for down payment, or proof of adequate collateral. Once we have those two things, that’s about all we need! But an investment property with no septic in place, is selling at in-person county auctions, or does not have a free and clear title with no liens will not typically receive a hard money loan from Intrust Funding. Furthermore, we do not fund land-only deals, unless the land value is equal to or exceeds the loan amount. Our rehab loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All fees, including transaction and origination fees, are rolled into the loan. A 1% per month interest payment is the only payment due during the course of the loan. And we charge no early payoff fee! To payoff the loan, a balloon payment is due at the end of the loan term when the investment property is ready to rent out, go on the market, or be refinanced. Our competitive rates equal or beat other hard money lenders in King County. In the city of Bellevue, Intrust Funding provides rehab loans for real estate investors looking for a quick cash in hand deal.