Construction Loans Ground Up in Pierce County Washington
LoiNow delivers fast, flexible ground-up construction loans in Pierce County for builders, developers, and investors who need to move faster than banks allow. Whether you’re building in Tacoma, Gig Harbor, Puyallup, Lakewood, or Spanaway, our asset-based financing focuses on feasibility, collateral, permits, and exit strategy—not tax returns—so you can break ground with confidence and keep projects moving.
What Qualifies as “Ground Up”
We fund projects that start from raw land through certificate of occupancy:
- Single-family spec homes & custom builds
- Small-to-mid multifamily (2–20 units)
- Mixed-use (retail + residential)
- Light industrial/flex pads and small commercial
- Hospitality (select-service/boutique) case-by-case
- Infill & subdivision phases with phased draws
How to Qualify?
Minimum Requirements
- Architectural plans; permits filed or in process
- Detailed scope of work (SOW), line-item budget, and timeline
- Exit plan (sale or refinance to DSCR/rental)
Licensed GC résumé and prior completions preferred
Compliance, Trust & Transparency (E-E-A-T)
- Experience: 1,000+ funded WA projects; seasoned construction underwriters.
- Authority: Washington-focused private lender with asset-based programs.
- Trust: Licensed loan officers, clear disclosures, privacy-secure digital intake (ADA-friendly forms).
Common Challenges We Help Solve
- Permit sequencing & inspections — we map draws to milestones to reduce delays.
- Budget drift / change orders — pragmatic reallocations to keep work moving.
- Supply timing — funding aligned to deposits and delivery windows.
- Refi exit timing — DSCR or mini-perm guidance for smooth take-outs.
How the Process Works
Submit Deal Scenario
address/APN, plan set, budget, timeline, and permit status.
Same-Day Soft Terms Issued
transparent leverage, pricing, draw plan, and closing checklist.
Fast Closing
fund in days; draws flow with progress so your GC and subs never stall.
Benefits over Traditional Banking
Approvals in days
Distressed property support
Closing in 5 - 7 days
Rehab financing included
No Income Docs Required
Loan Program Overview
Feature | Ground-Up Construction Loan |
Loan Size | $250,000 – $10,000,000+ |
Max LTC | Up to 75% (deal dependent) |
Rate | Market-based, risk-adjusted |
Term | 12–24 months, interest-only |
Closing Timeline | 7–14 business days |
Draws | Milestone inspections; 48–72 hr release |
Collateral | Land + improvements (1st lien) |
Recourse | Limited/non-recourse considered |
FAQs
Yes—single-close structures are available when permits/entitlements are ready.
Often not for private construction; scope varies by deal risk and leverage.
Typically 48–72 hours after inspection and documents.