Our mission at Washington Commercial Lending and Development is to provide creative short term hard money loans, be it small or large. We pride ourselves in providing fast funding decisions and competitive rates.
We serve real estate investors, mortgage brokers, and small business owners.
Real estate investors can use our funds for rehab loans, bridge loans, property flip, short sale acquisition, foreclosure bailout, and construction financing. These loans range from $100, 000 to $750, 000. They are typically approved within 24 to 48 hours. In most cases settlement can be funded within 5 business days.
Mortgage brokers can use our funds to help their clients with cash-out refinance, short sale acquisition, foreclosure bailout and construction financing. Our main concern is loan to value ratio and we generally are not concerned with your client’s credit history.
Business owners can use our funds for short term capital equipment investments, inventory acquisition, and property improvements. We require a collateral for these loans whether in the form of real estate or tangible assets.
We are small business owners ourselves and empathize with the daily challenges you face in growing your business. We promise you that you will be treated with dignity and respect and that we will do everything in our power to make your loan process as hassle free as possible.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154