Shoreline Hard Money Lenders
Intrust Funding is a Shoreline residential hard money lender providing short term loans to investors in King 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!
Shoreline Hard Money Loans
Investing in real estate within the city of Shoreline is becoming a popular option as the city continues to grow with opportunity. We fund real estate investors looking for a Shoreline 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’s short term loans typically 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 commercial lenders in Shoreline, we are known for our simple bridge 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. Many investors use our short term loans to acquire a property, renovate an investment, or as a cash-out refi from another lender. All loan fees, which include a transaction and origination fee, are rolled into the total amount of the loan. The only payments due during the course of the loan is the interest payment at 1% per month. There are no early payoff fees, making our competitive rates equal to or better than other private money lenders in King County. At the end of the loan term, a balloon payment is due, which investors pay by renting, selling, or refinancing their investment property. Intrust Funding is a hard money lender in the city of Shoreline, offering funding to real estate investors in as little as 48 hours.
Shoreline Hard Money Loans Funded
$393,750 Shoreline Rehab Loan on 192nd Street
Loan Amount: $393,750 | ARV: $650,000 | Sitting on 7,167 sq. ft, this 4 bedroom, 1.75 bathroom Shoreline home was beautifully remodeled using our rehab loan. Investors used a portion of the loan to add a new roof, windows, door, trim and gas furnace. Another portion was used to update the kitchen with shaker cabinets, quartz counters, stainless steel appliances, and a gas stove. Finishing touches included beautifully remodeled bathrooms with tile surround and the installation of rich hardwood floors. The modern look created with Intrust Funding's hard money loan resulted in a substantial appreciation on the value of this Shoreline home.
County Information
With over 2 million people, King County is the largest county in Washington state and the 12th largest in the United States. Home to Seattle, Bellevue, and Tacoma, it was originally named after Alabama resident and Vice President William R. King, but in 1986 changed its namesake to Martin Luther King Jr. King County is nearly twice the land area of the state of Rhode Island, and is home to the Cascade Range, Issaquah Alps, Mount Si, 17 rivers, 9 major highways, 4 islands, the Snoqualmie National Forest, and the Klondike Gold Rush National Historical Park.