Mortgage lead for Land loan in Burien, WA, 98166

Date Posted

4/23/2026 9:16:46 PM

Property at

Burien, WA, 98166, USA Show Map

Borrower at

Property Type

Land

Property Value

$480,000

Amount of Existing Loans

$58,000

Loan Request

$140,000

LTV

29.17 %

Credit Rating

640-649

Loan Purpose

Refinance and Construction

Purpose

Seeking $138,000 first-lien cash-out bridge refinance on vacant Puget Sound shoreline lot (15015 28th Ave SW, Burien, WA 98166 / parcel 763680-0420) to pay off existing EquityMax loan (~$58k) + $80k for permitting and soft costs. Now have full Burien PRE26-0485 city memo + signed GEO Group Northwest critical-area/geotech study proposal (slope stability & landslide hazard). Water & sewer availability certificates already paid and confirmed. Clear exit to full construction loan once geotech report is complete. Asset-based deal on strong waterfront equity.”

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Loan Request for Land loan in Burien, WA, 98166