New Construction
Loan Terms
85% Loan-to-Cost leverage
Loan Fee: 1.5% to 2.5% - 9 to 18 Month Terms
At-Permit Valuation used for LTC Calculation
All Experience Levels- from a general contractor building their first DADU to experienced builders with 100+ finished units
No Invoice- 5 Day Request-to-Wire Draws
Loan Size- Up to $5,000,000 on a single SFR
Overview
Bellevue Lending finances builders and developers of all experience levels in the greater Puget Sound area with acquisition and vertical funding-with or without permits. We fund all types of infill new construction-including stand-alone SFR builds, middle housing concepts, backyard DADUs, and multiple unit townhome projects.
Once a loan is funded, we are aware that our inspection to wire draw process needs to be as simple, easy and fast as possible, with no invoices.
