Commercial Property Construction Loans in Chelan County Washington
Build, reposition, or complete your commercial property in Chelan County with fast, flexible financing from LoiNow. We specialize in ground-up construction and value-add commercial projects, offering milestone-based draws, same-day soft approvals, and no tax returns or W-2s required. Close in 10–21 days, secure up to 80% Loan-to-Cost (LTC) and up to 70% of stabilized value (LTV/ARV), and benefit from interest-only payments during construction with extension options available.
Why Developers Choose LoiNow
✅ Speed that protects your schedule — same-day term sheet; close in 10–21 days
✅ Flexible draw schedules — site work → shell → MEP → TI → finish
✅ No income documentation — we underwrite feasibility, collateral, and exit
✅ Local Washington expertise — county inspections, seasonality, and TI realities
✅ Direct decision makers — speak with underwriters, not a call center
How It Works
- Submit project — address/APN, plans (schematic ok), hard/soft budget, timeline, exit.
- Same-day soft approval — transparent rate/points and preliminary draw map.
- Diligence — title, appraisal/feasibility, builder resume, entity docs.
- Close & initial draw — land payoff or mobilization/site work.
- Milestone draws — foundation → framing → rough-in → drywall → TI → finish.
- Final draw & exit — CO/stabilization → sale or perm/DSCR refinance.
Property types we fund
- Retail shells & pad sites
- Office, medical office, and flex
- Industrial & warehouse/logistics
- Mixed-use (retail + multifamily)
- Multifamily 5+ units
- Hospitality case-by-case (feasibility required)
What You Need to Qualify
- Plans/scope (schematics acceptable for soft approval)
- Detailed budget (hard/soft; allow allowances/contingency)
- GC bid or self-perform plan (crew & subs identified)
- Timeline & exit (pre-lease/TIs, pro forma, or sale comps)
- Entity docs (LLC/Corp & signer authority)
How the Process Works
Submit Deal Scenario
Same-Day Soft Terms Issued
Fast Closing
Benefits over Traditional Banking
Approvals in days
Time to close (10–21 days)
Draw flexibility
Value-add & TI
No Income docs/DTI required
Loan Program Overview
Feature | Terms |
Purpose | Ground-up & major value-add (commercial) |
Loan Size | $500,000 – $25,000,000+ |
LTC (Loan-to-Cost) | Up to 80% hard + soft costs |
Stabilized LTV/ARV | Up to 70% |
Term | 12–24+ months (extensions case-by-case) |
Interest & Points | Deal/leverage/experience-based |
Payments | Interest-only during construction |
Draws | Milestone-based, inspection-supported |
Recourse | Flexible (project/experience driven) |
Income Docs | Not required (asset/feasibility) |
FAQs
Most projects close in 10–21 days, subject to appraisal/feasibility and clean title.
No. We underwrite feasibility, collateral, budget, and exit strategy — not personal DTI.
We set a milestone-based draw map tied to your scope (site, shell, MEP, TI, finish). Third-party inspections keep funds moving quickly and transparently.
Ready to build in Chelan County?
Fast approvals. Flexible draws. Local Washington expertise.