Northwest Private Lending offers transparent, equity-based lending with straightforward pricing. Standard charges include a 3-point origination fee on the borrowed amount, a document preparation fee of $650 (non-owner-occupied) or $850 (owner-occupied, Oregon and Idaho only), and 1% interest per month. That is the full list.
The company emphasizes fair dealing, noting they don't use bait-and-switch tactics or hidden fees. Key benefits include no extension fees for clients in good standing who need longer loan periods and no prepayment penalties if you repay early.
The lender commits to honest, straightforward, win/win deals and bases lending decisions on equity rather than credit scores.