Bridge Loans in Chelan County Washington
LoiNow provides fast, flexible bridge loans for real estate investors in Chelan County who need short-term capital to close quickly. With no income verification, same-day soft approvals, and closings in 5–10 business days, we fund based on the property’s value not your credit score or tax returns. Whether you’re flipping a cabin in Leavenworth or acquiring a short-term rental near Lake Chelan, our asset-based loans help you secure time-sensitive opportunities before the competition.
Why Investors Use Bridge Loans
Bridge loans solve one major problem for investors you found the deal, but you need capital now. They let you buy a property before selling another, move fast on auctions, wholesale, or off-market opportunities, and cover timing gaps while you wait for DSCR, permanent financing, or delayed appraisals. For value-add or rehab projects, funds are released based on progress milestones, keeping the project moving. Banks are slow. We fund deals banks won’t touch fast.
Qualification Requirements
- Property address
- Purchase price / payoff
- Intended exit (sell, refinance, STR cashflow)
- Entity (LLC preferred, but we can form during underwriting)
Where We Lend in Chelan County
- Leavenworth
- Chelan
- Wenatchee
- Cashmere
- Manson
- Entiat
How the Process Works
Submit Deal Scenario
Same-Day Soft Terms Issued
Fast Closing
Benefits over Traditional Banking
Approvals in days
Underwriting
Short-term rentals allowed
Rehab allowed
No Income Docs Required
Loan Program Overview
Feature | Terms |
Loan Type | Bridge Loan (interest-only) |
Loan Size | $150,000 – $10,000,000+ |
LTV (as-is value) | Up to 70% |
Term Length | 6–12 months |
Extension Options | Available |
Income Docs Required | ❌ No |
Rehab / Draws Available | ✅ Yes |
Eligible Properties | Residential investment, STRs, condos, multifamily (2–20 units), small mixed-use |
Close Time | 5–10 business days |
FAQs
Most close in 5–10 business days, depending on appraisal and title.
No. We underwrite using the property value and exit plan.
Yes — we leverage existing equity.