Location: 39385 Dubarko Rd, Sandy, OR

Property Value: $300,000

Loan Amount: $126,000

Scenario:  Borrower received the home in an inheritance but needed to take over the mortgage.  At the time the home had fallen into disrepair and without the property being rented the borrower’s income would not allow them to qualify for a conventional loan.  Because they could not pay off the parent’s small loan to the bank, they were going to lose the property and their Inheritance.  NWPL helped the client purchase the property from the bank with a 5-year interest-only loan.  NWPL also funded additional money which gave them the time they needed to fix it up and get it rented out.

Location: 17431 SE Boardman ct., Portland, OR

Property Value: $335,000

Loan Amount: $110,000

Scenario: Borrower inherited the rental home but needed quick cash to pay for estate taxes and payments to other members after their mother passed away.  Instead of being forced to sell the property at a discount, NWPL was able to get them the quick cash when they needed it most.  This gave them the option to keep the rental property or sell it on their own timeline and at the best price.

Customer Review: “I needed some answers to questions I had in regards to finances. Not only were they answered, I was also schooled in the fine are of what it’s like to be treated as a human and not a number or someone to make a buck off of. The talent and professionalism in closing my lone and the hands-on knowledge that I experienced is a breath of fresh air. No hassle straightforward service. True concern for me and the issue made things feel like I have been friends with the staff forever. Hard to find care for others and talent in one place. Thanks Eric for the help and the choice of staff.” – Tim Telemente

Locations: 12225 & 12205 SE 19th Ave, Portland, OR.

Property Value: $1,900,000

Loan Amount: $1,100,000

Scenario: Client owned two waterfront properties on the Willamette river and wanted to subdivide 3 buildable lots in-between the two properties.  Each property was liened by seperat lenders and neither would allow for the subdivision.  NWPL refinanced both properties with one loan, allowed the subdivision and paid for 6-months of interest reserves to complete the project.

Google Review: “Northwest Private Lending is a pleasure to work with and always closes on time. We have closed 10+ deals with them and they are the easiest lender I have ever dealt with. When they say they will close, they will. Hard Money has recently gone to Wall Street for funding with more stipulations and many lenders close in 30-40 days with full appraisals. Eric is true hard money and he is the decision-maker. I have peace of mind that we will close in time when I work with Eric.” – Matthew Gillis

Owned Property: 172 and 180 N 2nd, Kalama WA

Purchased Property: 8-plex on the east coast

Value of both properties: $450,000

Loan Amount: $160,000

Scenario: Client had a great opportunity to pick up an 8-plex out of state for $160,000.  They owned 2 investment properties in Kalama free and clear but had not yet been renovated.  They needed to utilize the equity in those properties to close quickly.  NWPL enabled them to purchase the new property with no money out of pocket and now has 10-cashfling units.

Google Review: “Eric is more than just a money lender. He’s a great person. He listens to what you need and makes it happen no matter what. He takes your need and makes it his own. We’ve been working with him now for 2 years and would love to continue, even if we have no need for funding, we see him as a friend. This guy is just awesome! I wish I could give him more than 5 stars! His whole team is outrageous!” – Renay Mortensen