Best Hard Money Rate/Terms in State of Washington

[Adrian Chu]

Doing some research on hard money lenders. The most common I have seen are 2-4% fee, 1-9 month term, 12% interest price point.

The best rates/terms I have found for Washington is:

2% + $1495 fee, 4-12 month term, 9.5% interest

Have you found anything better?

[Tatiana Gershanovich]

I want to introduce a small correction. All HML that you mentioned above do 75-90% loan to acquisition cost, not LTV. All of them will lend only 70% LTV.

@Jan Wanot if you are talking about Iron Bridge out of Portland, I can vouch for them. They are great guys and we had many deals funded through them.