Construction Loans Ground Up in Franklin County Washington
Build new investment properties with fast, flexible, asset-based lending. No tax returns. No income verification. Close in 10–14 days.
Ground-Up Construction Loans
Ground-up construction loans allow investors, builders, developers, and contractors to:
- Purchase land
- Build new residential or commercial structures
- Fund construction draws during build phases
Unlike banks, we do not require personal income verification or two years of financials. Approval is based on project strength + completed value (ARV).
Property Types Eligible
- Single-family builds
- Townhomes
- Multifamily (2–20 doors)
- Commercial mixed-use
- Residential infill development
Local Franklin County Market
Franklin County construction demand is rising due to:
- Growing population in Pasco & Tri-Cities
- Predictable municipal permitting timeline
- High demand for new multifamily and starter homes
LoiNow funds projects in:
- Pasco
- Mesa
- Connell
- Kahlotus
How the Process Works
Submit Deal Scenario
Same-Day Soft Terms Issued
Fast Closing
Benefits over Traditional Banking
Close in (10–14 days)
We lend on ARV (future value)
Rehab draws paid fast
No Income Docs Required
Loan Program Overview
Loan Feature | Program Details |
Loan Type | Ground-Up Construction / Private Lending |
Funding | Up to 75% LTC + 100% construction budget |
Max ARV | Up to 70% |
Loan Size | $250,000 – $25,000,000 |
Rates | Starting at 9.99% – 13.99% |
Term | 12–24 months |
Refinance Option | Yes — convert to DSCR rental loan |
FAQs
Yes — we fund land purchase + construction + draws.
Draws are processed within 3–5 business days after inspection.
Yes. If you lack experience, use a licensed GC to qualify.