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Hard money loans in Bellevue, WA
Fast, deal-based financing for one of the highest-priced property markets in Washington.
Investing in Bellevue real estate
Bellevue is the center of the Eastside, with Amazon and other large technology employers downtown and Microsoft next door in Redmond. Demand for housing is constant and prices are among the highest in the state. Investors here work mostly with ramblers and split-levels from the 1950s to the 1970s, which are either renovated to a high standard or replaced with a new home.
In a market this competitive, speed and certainty win offers. A fix and flip loan can close in about 7 days when title and insurance are ready, and loan amounts go above $10 million, so price point is not the obstacle.
Neighborhoods investors ask about
- Lake Hills and Crossroads: mid-century ramblers and split-levels, the classic Bellevue renovation
- West Bellevue and Enatai: teardowns and high-end new construction
- Newport Hills and Eastgate: family homes south of I-90
- Wilburton and BelRed: redevelopment around the 2 Line light rail stations
- Bridle Trails and Somerset: larger lots and view homes
What to plan for on a Bellevue deal
- High purchase prices mean larger down payments in dollars, even at 90% financing. Confirm your liquidity early.
- High-end renovations and new builds run long. Match the loan term to the schedule, with room for permit review by the City of Bellevue.
- Tree retention and steep-slope rules limit what can be built on many lots. Check them before you close on a teardown.
- The 2 Line now runs from Bellevue across Lake Washington to Seattle, which has raised interest in homes near the stations.
Loan programs for Bellevue investors
| Program | What it funds | Maximum leverage |
|---|---|---|
| Fix and flip loans | Buying and renovating a property you plan to resell | Up to 90% of purchase and 100% of rehab, capped at 70 to 75% of after-repair value |
| DSCR rental loans | Buying or refinancing long-term and short-term rentals | Up to 85% loan-to-value on a purchase, up to 80% on a cash-out refinance |
| New construction loans | Ground-up builds, including the land | Up to 90% of cost for experienced builders, capped at 70 to 75% of completed value |
| Portfolio and commercial loans | Several rentals under one loan, plus multifamily and commercial property | Up to 80% on a portfolio purchase; commercial quoted deal by deal |
Bellevue hard money loan questions
Yes. We lend on investment property throughout Bellevue and the Eastside, including fix and flip loans, DSCR rental loans and new construction loans, with loan amounts above $10 million.
Yes. Loan amounts range from $75,000 to more than $10 million.
Yes. A new construction loan can include up to 70% of the land cost and up to 90% of total project cost for experienced builders, within 70 to 75% of the completed value.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are complete. Rental and DSCR loans take about 30 days, including the appraisal.
Other Washington markets
Have a deal in Bellevue?
Tell us the address, the purchase price and your plan for the property. We will come back with leverage and pricing for your scenario.