Construction Loans Ground Up in Spokane County, Washington
If you’re planning a new construction project in Spokane County, LoiNow offers reliable ground-up construction loans designed for builders, developers, and investors.
We finance everything from single-family builds to multifamily and mixed-use projects — providing flexible terms, quick approvals, and efficient draw schedules.
Why Builders Choose LoiNow
With over 1,000 successful real estate projects funded, LoiNow has become one of Washington’s most trusted private lenders.
We work closely with developers across Spokane, Liberty Lake, Airway Heights, and Spokane Valley to ensure your construction financing stays on schedule.
Program Highlights
- Loan Amounts: $100K – $20M+
- Terms: 9–24 months (interest-only)
- Up to 75% LTC or 70% ARV
- Fast closings (as little as 7 business days)
- Draws based on project milestones
- No income verification required
- Available for single-family, multifamily, and commercial builds
How to Qualify?
- Submit your construction budget, blueprints, and timeline.
- Receive conditional approval within 24 hours.
- Complete property evaluation or appraisal.
- Close and receive funding within 7–10 business days.
No minimum FICO required - Entity or individual borrowers welcome
- Funding available statewide
Property Types Eligible
- Vacant residential or commercial land
- New construction homes or townhomes
- Multifamily complexes
- Light commercial or mixed-use properties
- Build-to-rent projects
What Are Ground-Up Construction Loans?
Ground-up construction loans provide short-term capital for new property developments — from land purchase to completion.
These loans are ideal for builders or investors looking to create new assets in Spokane County’s high-growth zones.
How the Process Works
Submit Project Details
Share your budget, scope, and location.
Review & Pre-Approve
Get a same-day conditional term sheet.
Fund Draw Schedule
We disburse funds as construction milestones are completed.
Complete Build
Pay interest-only during construction.
Exit or Refinance
Sell, lease, or refinance with DSCR or long-term loan.
Benefits over Traditional Banking
Funding Speed (7–10 business days)
Documentation Streamlined
Flexibility
Credit Requirement None
Prepayment Allowed
Loan Program Overview
Program Highlights
- Loan Amounts: $100K – $20M+
- Terms: 9–24 months (interest-only)
- Up to 75% LTC or 70% ARV
- Fast closings (as little as 7 business days)
- Draws based on project milestones
- No income verification required
- Available for single-family, multifamily, and commercial builds
FAQs
Most projects close within 7–10 business days after document submission.
Prior experience is preferred, but not required if you have a qualified contractor.
Funds are released at each stage of completion (foundation, framing, roofing, etc.