Construction Loans Ground Up in Wahkiakum County, Washington
LoiNow helps Washington real estate investors, developers, and builders finance new construction projects from the ground up without the red tape of banks. Whether you’re building a single-family home, multifamily property, or mixed-use development, we provide fast, asset-based loans with flexible draws and no income documentation required.
What Is a Ground-Up Construction Loan?
A ground-up construction loan provides capital to purchase land and build new residential or commercial projects. Unlike fix-and-flip or renovation loans, this financing starts at the foundation level and covers all vertical construction phases.
Ideal For:
- Builders developing residential or multifamily homes
- Developers constructing small commercial or mixed-use projects
- Investors turning vacant lots into income-producing assets
- Landowners seeking financing for new developments
How to Qualify?
- Site Control: You own or have a purchase contract for the land.
- Approved Plans: Architectural drawings and cost breakdowns ready for permitting.
- Builder Profile: Licensed general contractor (or builder résumé for owner-builder).
- Exit Strategy: Sale or refinance to permanent financing.
Property Types Eligible
- Single-family spec builds
- Multifamily developments (2–20 units)
- Mixed-use commercial/residential projects
- Subdivisions and small developments
- Modular and manufactured housing projects
Local Construction Insights
- Streamlined rural permitting processes
- Affordable land pricing vs. nearby Cowlitz County
- Strong demand for single-family housing
How the Process Works
Submit Deal Scenario
Same-Day Soft Terms Issued
Fast Closing
Benefits over Traditional Banking
Approval Time (24–48 Hours)
Draw Flexibility
Funding Time (5–10 Days)
No Credit Score Requirement
No Income Docs Required
Loan Program Overview
Program Highlights:
- Loan Amounts: $150K – $10M+
- Terms: 12 – 24 months
- Interest-Only Payments
- Funding: Up to 75% LTC or 70–75% ARV
- Draws Released in 24–48 Hours After Inspection
- No Minimum Credit Score Required
FAQs
Approvals typically occur within 24–48 hours, with funding available in 5–10 business days.
Yes, a licensed GC or experienced builder résumé is required.
Yes, LoiNow funds both land acquisition and vertical construction.
Ready to fund your Wahkiakum investment?
Fast approvals. No income docs. Same-day term sheets.