Construction Loans Ground Up in Mason County Washington
Launching a new construction project in Mason County? LoiNow specializes in Ground-Up Construction Loans for real estate investors, developers, and builders who need fast, asset-based financing to bring new homes and multifamily projects to life — without the red tape of traditional banks.
What Is a Ground-Up Construction Loan?
A Ground-Up Construction Loan is short-term financing used to fund the construction of a new property from start to finish — including land acquisition, site prep, vertical construction, and final inspection.
Unlike traditional banks, LoiNow lends based on project potential and completed value (ARV), not borrower tax returns or W-2s.
Best For:
- New single-family spec builds
- Infill development projects
- Multi-unit or duplex new builds
- Subdivision and small-tract developments
How to Qualify?
You can qualify if you:
- Own or are under contract for land in Mason County
- Provide plans, permits, and a clear construction budget
- Have a builder or GC with prior project experience
- Can contribute 10–20% equity toward total cost
Have a defined exit strategy (sale or refinance)
Property Types Eligible
- New residential (SFR, duplex, townhome)
- Spec homes and subdivision builds
- Small multifamily (2–10 units)
- Mixed-use or light commercial projects
- Modular or manufactured housing sites
- ADUs and urban infill projects
Local Experience in Mason County
- Mason County building permit and inspection cycles
- Rain-season scheduling challenges for foundation work
- Local subcontractor availability and material costs
- LoiNow has funded 1,000+ real estate investment and construction projects across Washington — including several in Shelton, Belfair, and Union.
How the Process Works
Submit Your Project
Send us the address, purchase contract, and timeline.
Underwriting & Valuation
No hard credit pull.
Quick Approval
Loan docs to title, closing in as little as 5–7 days.
Draw Schedule Funding
Loan docs to title, closing in as little as 5–7 days.
Exit Strategy
Loan docs to title, closing in as little as 5–7 days.
Benefits over Traditional Banking
Approval Time (24–48 hours)
Property Condition Raw Land or New Build
Loan Terms Based on Project
Credit Requirements Flexible
No Income Docs Required
Loan Program Overview
Feature | Details |
Loan Type | Ground-Up Construction |
Location | Mason County, WA |
Loan Size | $150,000 – $10,000,000+ |
LTC (Loan-to-Cost) | Up to 90% |
LTV (After-Repair/Completion) | Up to 70–75% |
Term | 6–18 months |
Rates | Starting at 10.25% (interest-only) |
Draws | Funded within 24 hours after inspection |
Appraisal | Often waived |
Credit Score | Flexible (no minimum) |
FAQs
We can close in 5–10 business days once permits and plans are verified.
Yes. We provide combined land + build financing based on project value.
Funds are released in stages — typically 4–6 draws, each approved within 24 hours of inspection.