Intrust Funding is an Edmonds residential hard money lender providing bridge loans to investors in Snohomish County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Hard Money Loans for Real Estate Investors
Edmonds Hard Money Loans
Although in the past Edmonds may not have been known for its real estate market, today, among investors, it is. Private investors looking for Edmonds commercial real estate choose us for buy & hold and fix and flip projects in Snohomish 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 with loan terms that range from 5 to 12 months. Our application process is simple and transparent. And we can disperse funding for investment projects within 48 hours of approval. Quick loan payoff combines with quick investment profit. We make real estate investing easy.
As leading bridge loan lenders in Edmonds, we are known for our simple residential loan qualification process! Prequalifying for a bridge 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 there are disqualifiers for our real estate investment loans. For us to provide funds for the investment, the loan cannot be used to acquire a property at in-person county auctions (although we do provide funds for online auctions), the property must have a free and clear title without any liens, and it must have a septic system in place. We also do not provides funds for land-only deals, unless the land is worth as much as the loan itself. Our bridge loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All fees, like origination fees, are rolled into the loan, while a ballon payment is due at the end when the investment property is sold, rented out, or refinanced, allowing our competitive rates to match or beat other hard money lenders in Snohomish County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. Intrust Funding is a hard money lender in the city of Edmonds, offering funding to real estate investors in as little as 48 hours.
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Home to Everett, its largest city and the county seat, Snohomish County is the third most populous county in Washington state, and the 76th in the United States. As the western portion faces the Puget Sound and other bodies of water, and consequently contains most of its population, the eastern portion is part of the Cascade Mountains and the Mount Baker-Snoqualmie National Forest, with very few settlements.
Founded in 1876 by George Brackett, Edmonds began as a logging town. Today, it is the third most populous city in Snohomish County. Located north of Seattle, bordering Richmond Beach, Mountlake Terrace, and Lynnwood, Edmonds is a key access point to the western coast of the Puget Sound via the Edmonds-Kingston Ferry. Over the years, the downtown area has transformed from a mill town to a hub for small shopping centers, boutique businesses, and fine dining, all of which are centrally located around a landmark fountain on 5th avenue. Known for its peaceful community and sweeping views of the Olympic Mountains, Edmonds has become a popular destination for those looking to raise a family. Spotted with old homes dating back to the founding years of the town, Edmonds is full of opportunities for investors looking to use a fix and flip loan to quickly appreciate the value of a property.