Construction Loans Ground Up in Chelan County Washington

Build faster with flexible ground-up construction financing built for Washington investors, developers, and builders—not banks. LoiNow funds everything from land purchase to certificate of occupancy, including soft costs and vertical construction, with approvals based on project strength and exit strategy—not borrower income. Expect same-day term sheets, fast draws, 7–14 business day closings, and no income documentation required.

 
 
construction loan

Why Builders Choose LoiNow in Chelan County

  • Fast closings – close in 7–14 business days, beat cash buyers on land deals
  • Draws released fast – uploaded photos → inspection → funds wired
  • We fund land + vertical construction – ideal for infill, teardown, and new development
  • No income docs – approvals based on project value and plans, NOT tax returns
  • Local market knowledge – Chelan, Leavenworth, Wenatchee, Manson, Entiat, Cashmere

What You Need to Qualify

  • Build budget / detailed Scope of Work
  • Plans (stamped or near approval)
  • Timeline & exit strategy (sell or convert to DSCR rental loan)

Property Types Eligible

  • SFR new construction
  • Duplex/ Triplex/ Fourplex
  • Small multifamily (up to 12 units)
  • ADUs/ DADUs (Accessory Units)

How the Process Works

Step 1

Submit Deal Scenario

Step 2

Same-Day Soft Terms Issued

Step 3

Fast Closing

Benefits over Traditional Banking

Approvals in days

Time to close (7–14 days)

Best for Builders needing speed

Rehab financing included

No Income Docs Required

Loan Program Overview

Loan Feature

Terms

Loan Type

Ground-up construction loans (land + build budget)

Loan Size Range

$250,000 – $7,500,000+

Land Purchase Financing

✅ Up to 70% of land acquisition

Construction Financing

✅ Up to 100% of construction budget (based on ARV & LTC)

Max LTC (Loan-to-Cost)

Up to 85%

Max ARV (After Repair Value)

Up to 70%

Draw Schedule

Milestone-based (fast funding)

Payments

Interest-only

Term Length

9–24 months

Extensions

Case-by-case

 

FAQs

 Closings average 7–14 business days depending on plans and title.

 Permits help, but not required. We can fund land purchase + permit process.

 Yes, if the project meets LTC and ARV limits.

Ready to build in Chelan County?

Fast approvals. Flexible draw schedules. Close in 7–14 days.