Frequently Asked Questions

Can I Move Into My Property While I Have This Loan?

Sorry, but no. Northwest Private Lending only makes loans on Non-Owner Occupied Properties. Because our hard money loans are strictly business purpose they cannot be applied to your primary residence. If you want to live in the property let us help you find a conventional loan or a lender that supports primary residences so that you can move in quickly. There are some unique cases where a rental is used by the borrower for less than a few weeks per year. If this is your situation, give us a call and we will see if your vacation rental still qualifies as an investment property. To find out more about how hard money business purpose loans differ from traditional loans click here.