Mount Vernon Hard Money Lenders
Intrust Funding is a Mount Vernon private lender providing bridge loans to investors in Skagit 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
Mount Vernon Hard Money Loans
People in Mount Vernon are looking to real estate more and more to achieve financial freedom. Bigger Pockets has made the BRRRR method a popular approach for real estate investors to generate passive income and accrue long term wealth. With our private money loans, investors have tremendous success at fix and flips and buy and holds in Mount Vernon. Intrust Funding’s short term loans typically range from 5 to 12 months. With a quick and simple application process, we can fund projects within 48 hours of approval. Acquire real estate fast and pay off your loan quickly. Real Estate investing has never been easier!
Mount Vernon, WA, Real Estate Marketing Data
View up-to-date data for Mount Vernon’s real estate market.
Real Estate Investment Loans for Mount Vernon, WA
As leading commercial lenders in Mount Vernon, we are known for our simple rehab loan qualification process! Prequalifying for a rehab 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. Many investors use our bridge loans to acquire a property, renovate an investment, or as a cash-out refi 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 Skagit County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. Intrust Funding is a hard money lender in Mount Vernon specializing in hard to fund real estate investments.
Mount Vernon Bridge Loans
Sometimes hard money loans are called bridge loans. This is because bridge loans act as bridges between quick, short-term and long-term financing. Investors looking for bridge loans in Mount Vernon, Washington, trust Intrust Funding to give them the best deals in Skagit County.
Rehab Loans for Mount Vernon Real Estate
For Mount Vernon real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Mount Vernon rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Mount Vernon, WA
AirBnB is an online marketplace that connects commercial real estate investors with people who are actively looking for accommodations in Mount Vernon. AirBnB real estate investment properties in Mount Vernon have become a popular option for commercial real estate investors to acquire real estate investments and generate value.
Fix and Flip Loans Mount Vernon, WA
Cash Out Refinance Hard Money Loan
If you need to refinance a hard money loan for an investment property in Mount Vernon, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Mount Vernon cash out refinance loans are for you.
BRRRR Method in Mount Vernon, Skagit County
The BRRRR Method is a real estate investing strategy where an investor will Buy, Rehab, Rent, Refinance, and then Repeat this cycle to generate value quickly in their commercial real estate properties portfolio. Throughout Mount Vernon, commercial real estate investors who are searching for money lenders and commercial real estate properties to use the BRRRR method with choose Intrust Funding.
Mount Vernon, WA
Mount Vernon is the county seat of Skagit County, Washington, United States. The population was 35,219 at the 2020 census. It is one of two principal cities of and included in the Mount Vernon-Anacortes, Washington Metropolitan Statistical Area. Downtown Mount Vernon is known for its annual Tulip Festival Street Fair, which is part of the Skagit Valley Tulip Festival. The climate of Skagit County is similar to that of Northern France, with millions of tulips grown in the Skagit Valley. In 1998, Mount Vernon was rated the #1 “Best City in America” by the New Rating Guide to Life in America’s Small Cities.
Mount Vernon’s first industry was logging; camps were set up to log the townsite. The community grew quickly following the loggers, and hotels and saloons opened up along the Skagit River next to English & Clothiers’ store. While poised to grow, river access to the community was stymied by a massive and ancient log jam in the river which prevented large ships from being able to port. Mail carriers instead had to paddle canoes down-stream to nearby Skagit City which enjoyed a brief period of prosperity thanks to this obstacle.
Home to more than 120,000 people, Skagit County is located in the northwest region of Washington State. It was named after the Skagit Indiana tribe. Known for its world-famous tulip fields, the large valley of Skagit County also has many crops and the Skagit River, which flows toward the San Juan Islands.
According to the United States Census Bureau, the city has a total area of 12.61 square miles, of which, 12.30 square miles is land and 0.31 square miles is water. Like much of the Pacific Northwest, according to the Köppen climate classification, Mount Vernon falls within a cool dry-summer subtropical zone , with “cool”-summer Mediterranean characteristics. Other sources classify it as belonging in the marine west coast climate zone, with cool, wet winters and warm, distinctly drier summers.
Mount Vernon has an unemployment rate of 7.2%. The US average is 6.0%. Mount Vernon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Mount Vernon’s main transportation hub is Skagit Station, built in 2004, which is served by Amtrak and bus operators. Commuters and travelers can switch between modes of transportation in downtown Mount Vernon. The station offers stops for Skagit Transit buses, Greyhound bus, Amtrak Cascades rail and local taxi. The new Everett Express bus route connects to the Sounder Train in Everett.
Hard Money Loan Example Mount Vernon, WA
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