Everett Hard Money Lenders
Intrust Funding is an Everett commercial lender providing residential 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
Funding in 48 Hours
No Appraisals | No Draw Inspections
Rehab & Construction Loans
Prequalify Today!
Everett Hard Money Loans
As the city of Everett continues to grow, real estate investment opportunities are more abundant than ever. We fund real estate investors looking for an Everett project to fix & flip or buy and hold. Many of our borrowers, who are also members of Bigger Pockets, follow the BRRRR method for producing long term wealth and passive income. 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 Everett’s leading bridge loan lenders, our bridge loans are accessible to new and seasoned investors alike! If you have bad or no credit, that doesn’t matter to us. However we do need a credit report, or a copy of a credit report issued within the last 12 months, just to make sure there are no liens on any collateral you might use. We also need proof of funds for the down payment. To prequalify for a bridge loan from us, 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. Many investors use our residential loans to acquire a property, renovate an investment, or as a cash-out refi from another lender. All loan fees are rolled into our loans, meaning investors only pay a 1% interest rate each month until their loan is payed off. A balloon payment is due at the end of the loan term, which is typically paid off through the sale or refinance of the investment property. Our competitive rates are appreciated by commercial real estate investors in Snohomish County. At Intrust Funding, we provide cash on hand, hard money loans, with no money out of pocket, to investors in the city of Everett.
Everett Hard Money Loans Funded
$170,000 Everett Rehab Loan on Maple Street
Loan Amount: $170,000 | ARV: $300,000 | Investors took advantage of our Everett rehab loan to revamp this quaint 2 bedroom, 1 bathroom craftsman home. Located close to Wiggums Hollow Park and the waterfront, this home features lots of charm with a cozy eating nook, built in cabinets, charming windows, and stylish brick fireplace. The loan was applied towards installing new laminate flooring, quartz counters, tile backsplash, stainless steel appliances, and a new roof. The new spacious, naturally lit floor plan, provided a modern feel while simultaneously preserving unique vintage details, causing this Everett home to increase in value with Intrust Funding's hard money loan.
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County Information
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.
City Information
Recipient of the All-American City Award in 2002, Everett is known for its efforts in building stronger community relationships. Home to Boeing and the Everett Naval Station, Everett is a major supplier of jobs to residents throughout the region. Located 25 miles north of Seattle, Everett is the largest city in Snohomish County and neighbors Lake Stevens, Marysville, and Mill Creek. With a relatively lower cost of living compared to other cities in the region, Everett has become a popular choice for students attending the University of Washington, and those commuting to jobs beyond north and south Everett. For real estate owners in Everett, using a rehab loan to build and rent out an additional dwelling unit is a great way to increase the value of their home.