Construction Loans Ground Up in Yakima County Washington
LoiNow provides fast, asset-based ground-up construction financing in Yakima County, funding land, horizontal work, vertical builds, and interest reserves so projects stay on schedule. We underwrite the deal not tax returns delivering reliable capital for spec homes in West Valley, infill duplexes in Yakima, and mixed-use builds near Terrace Heights.
Why Choose LoiNow for Ground-Up Construction in Yakima County
- Close in 10–15 business days with streamlined draw schedules
- Interest-only during build; funds disbursed per milestone
- No minimum credit score; approvals based on project and collateral
- Experienced Washington team—1,000+ projects funded statewide
How to Qualify?
- Experienced GC or qualified builder team (resume accepted)
- Permits in process or ready to issue (RTI preferred)
- Verified budget, scope, and timeline (Excel acceptable)
- Exit strategy: refinance to DSCR/perm or sell upon completion
- 15–25% cash to project (equity/land value may count)
Property Types Eligible
- Single-family spec homes and small subdivisions
- 2–20 unit townhome and multifamily projects
- Mixed-use (light commercial + residential)
- ADUs and duplex/triplex builds
- Teardown/rebuilds and lot splits (case-by-case)
Local Market Insight
- Strong build economics and steady demand across Yakima, Selah, Union Gap, Moxee, and West Valley.
- Seasonal weather can compress framing and exterior timelines, requiring careful scheduling.
- Projects typically require permit verification, builder’s risk coverage, and draw inspections.
- LoiNow coordinates with local title and escrow teams and understands Yakima County permitting workflows.
- Statewide lending experience — trusted from Seattle to Redmond.
- Yakima-specific expertise in permitting, soil and utility considerations, and neighborhood comps.
How the Process Works
Submit Deal Scenario
Same-Day Soft Terms Issued
Fast Closing
Benefits over Traditional Banking
Funds in 10–15 days
Local decision-making
Asset- and project-based underwriting
Flexible budgets/change orders
Loan Program Overview
Feature | Details |
Loan Type | Ground-Up Construction (acquisition + vertical) |
Loan Amount | $250,000 – $8,000,000+ |
Max LTC / ARV | Up to 85% LTC; up to 70% of ARV (case-by-case) |
Term | 12–24 months (+ extensions) |
Rates | Starting at 10.49% (interest-only) |
Fees | 2–4 points depending on scope |
Draws | Milestone-based; 48–72 hr inspections |
Prepayment | No prepayment penalty |
Borrower | Entity/LLC; non-owner-occupied projects only |
FAQs
Plans, budget, timeline, GC resume, insurance, and permit status. We provide a simple checklist at intake.
After quick inspections (48–72 hours), we release funds directly to you or vendors.
Often a BPO or cost-to-complete review is sufficient; full appraisals are case-by-case.
Ready to fund your Yakima County investment?
Fast approvals. No income docs. Same-day term sheets.