skip to Main Content
Call Us: Sanford & April: 425-454-6420 | Ron: 206-618-1277

Why choose Mortgage Equities instead of a traditional bank construction loan?

We are a privately owned, non-bank, non-regulated lender with investor funds.

We don’t waste time with “maybe” — we quickly analyze your loan request to determine if we can provide the financing you need.

We take into account the fact that real estate environment has significantly changed in the past few years with supply chain delays and subcontractors in high demand. We consider all of these factors when underwriting a loan, which allows us to set a realistic maturity.

We enjoy creating relationships with our builder clients that go beyond our industry standard and only consider a transaction successful if a borrower profits from the project. We take pride in the fact that we have many repeat builder clients.

Construction Loans and Fix & Flip Guidelines

Amounts
$100,000 to $3,000,000
LTV Ratios
Up to 80% of Costs

Up to 65% of Finished Value

Term
12 to 18 months
Rates and Fees
Negotiable- Depends on term, amount, LTV, and collateral.
Amortization
Interest Only
Title Insurance
ALTA Extended Title Coverage is required.
Appraisal
Typically not required
Lending Area
Washington, Oregon, Idaho

Acceptable Collateral

First Lien Position on
Spec Homes
Apartments
Mobile home & RV parks
Single family subdivisions
Self storage
Light – industrial
Excluded Property Types
  • Taverns
  • Restaurants

We will consider other types of income property.

Ready to get started?

Back To Top