Hard Money Lenders Washington
Fast Washington Hard Money Loans
Ready to close in less than a week
- Interest rates 10 – 12.75%
- Credit score 650+
- Loan-to-Cost Up to 90%
- No income verification
- Get approved online in 5 minutes
- Instant proof of funds letter
- Interest only payments

Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application
Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for property investors in Washington.
New Silver has a variety of different hard money loan products available to suit the needs of any real estate investor. Run by a team of experienced real estate professionals, our loans are ideal for real estate investors in WA.
Get Approved OnlineLoan Programs
Fix & Flip
For house flippers hoping to purchase a fixer upper to renovate and resell in Washington. Interest rates from 10 – 12.75%, Loan-To-Cost up to 90%, with loan terms up to 24 months. Hard Money Refinance Loans also available.
- Get up to $5,000,000
- Interest rate 10 – 12.75%
- Origination fee from 1.875%
- Up to 100% construction
- More info
Rent
30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 7.5, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.
- Get up to $2,000,000
- Interest rate 7.5
- Origination fee 2-3%
- 30-year fixed rate
- More info
Ground Up
Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10 to 13.25%
The perfect solution for builders in Washington that need quick access to capital to fund construction costs.
- Get up to $5,000,000
- Interest rate 10 - 13.25%
- Origination fee from 1.875%
- Up to 24 months
- More info
Personal
Apply online for a personal loan ranging from $1,000 to $100,000. Rates start from 7%. Compare and apply to multiple lenders easily.
Get pre-approved online immediately, with final approval of the funds within 48 hours. Loan terms up to 10 years.
- Get up to $100,000
- Starting at 7% APR
- No collateral required
- Compare many lenders
- More info
Hard Money Lenders Washington
Getting a traditional loan is a slow, drawn-out and exhausting process. At New Silver, our hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.
New Silver is a top-rated Washington Hard Money Lender. As licensed real estate investment professionals, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our Washington hard money lending team today to find the best loan fit for your next real estate project.
Ultimately, if you need fast, efficient, private lending solutions with competitive interest rates, New Silver is the hard money lender for you.
New Silver lends in these cities:
- Auburn
- Bellevue
- Bellingham
- Everett
- Federal Way
- Kennewick
- Kent
- Kirkland
- Lakewood
- Marysville
- Pasco
- Redmond
- Renton
- Sammamish
- Seattle
- Spokane
- Spokane Valley
- Tacoma
- Vancouver
- Yakima
- And More

Washington Housing Market Overview
Average Home Value
$552,398
1-Year Home Appreciation
1.2%
Average
2 Bedroom Rent
$1,053
Average 4 Bedroom Rent
$1,794
Homes Washington Are Very Expensive: The average home value in Washington is $552,398. This is over $300,000 more than the average home value in the US ($328,745). For many investors and aspiring property owners, the barrier to entry in Washington is actually too high.
However, if you can crack the Washington property market, there is money to be made. You need only take a quick look at the comps (comparable properties) to appreciate that the final After Repair Value is likely to be very high. The trick is to find a poorly maintained property, and keep the renovation costs under control. This will open up the possibility of making a healthy net profit when the house is eventually resold.
House Prices Are Starting To Drop: From mid 2020 to mid 2022, house prices in Washington skyrocketed. This was partially caused by the supply-demand dynamic, with low housing inventory helping to drive property prices upward for about 3 years.
However, the market is starting to rebalance after this growth period, with the average home value dropping from $588,018 in June 2022 down to $552,398 in February 2023. Unfortunately this downward trend could continue for the next couple of months, and possibly longer than that.
Median Home Price by MSA
Kennewick$417,0004.6%35.6%
MSA Name | Median Home Price | 1-Year Appreciation | 3-Year Appreciation |
---|---|---|---|
Portland | $567,500 | 3.8% | 38.1% |
Seattle | $708,900 | 1.3% | 34.1% |
Spokane | $389,400 | 0.1% | 47.9% |
Yakima | $341,300 | 3.3% | 35.2% |
Washington Real Estate Market Analysis
The Barrier To Entry In Seattle Is Extremely High: With a median sale value of $708,900, Seattle has some of the most expensive real estate in the US. This obviously raises the barrier to entry. You need to have deep pockets and a very strong credit history to consider buying in this city.
Home Appreciation Rates Have Slowed Over The Last 12 Months: All the major metropolitan areas in the state of Washington have experienced appreciation rates of less than 5%. This is below the US average and a concern for any real estate investor.
Washington Real Estate Investor Associations

Reasons to Fund Your Investment Property with New Silver
It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is a hard money lender with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to help you solve your real estate investment needs.
Yes. New Silver is a private lender that offers short term loan products for house flipping projects, but we also have 30 year rental property loans for investment properties. We also cater to real estate entrepreneurs hoping to build multi-family apartments with our new construction loans.
Yes, New Silver is a private money lender that provides asset-based loans at scale. With asset-based lending, the underwriting process can be more lenient than conventional lenders. This is because the underlying value of the asset is more important than the financial background of the investor when setting the terms of a private money loan.
As a result, the financing and credit score requirements are less stringent, income verification is not needed and the debt-to-income ratio of the borrower doesn’t matter. Plus, we can get you approved and closed within 7 days.
Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.
Yes. Our fix and flip loans can act as a bridge loan for real estate investors with a loan term ranging from 6 to 24 months in duration. More information can be found on the loan product page, together with the maximum loan amounts available.
The main reason hard money loans have higher interest rates than traditional loans is because of the risks involved in the transaction. Unlike a residential home purchase, a fix and flip project could run over budget or the real estate market could take a turn for the worse, making the property difficult to sell quickly.
In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the lender. The higher interest rate compensates for this risk, which most conventional lenders are unwilling to take on. Hard money lenders effectively fill the gap, using an asset based lending model to fund real estate deals.
The origination fee (loan points) is usually between 2-3%, but this varies with each deal. To work out the expected monthly payments, it is best to use our hard money loan calculator.
On this point, it is also worth noting that the monthly payment of all New Silver hard money loans work on interest only payments. This helps reduce the cash flow burdens of the investor while the project is underway. Interest only payments are one of the best benefits that you can unlock by working with a reputable hard money lender like New Silver.
In short, yes. While our credit requirements are not as stringent as a traditional lender, we do review the credit history of all our borrowers. If you’re worried about bad credit, it is best to look at our hard money loans product page to see if New Silver is a good fit for your needs.
You should find that our interest rates are lower than other private money lenders. In addition, we don’t require income verification during the credit history check.
- House Flipping Loan – Designed for house flippers
- Rental Property Loan – 30 year loan for investment properties
- Construction Loan – For new residential building projects
- Personal Loan – Private loans for whatever you need
Right now, we do not specialize in commercial hard money loans. With that being said, our maximum loan amount should be big enough to cover both residential and commercial projects.
Where We Lend
Hard Money Loans Across The US
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Apply for a loan at New Silver today!
Ready to get started with your loan from New Silver? Get approved quickly.