Loan Program

Construction Loans

Ground-up construction loans for real estate investors building new homes or commercial properties in Oregon, Washington, and Idaho.

Northwest Private Lending offers construction loans for real estate investors looking to build new residential or commercial properties. Our construction financing provides the capital needed to break ground and complete your project on your timeline.

We provide draw schedules that release funds as your project progresses through each construction phase. This ensures you have the capital when you need it while protecting both parties throughout the building process.

Loan Highlights

Loan size: $50K–$2M
Draw schedule available
No minimum FICO required
No prepayment penalties
Ground-up and renovation construction

Daniel’s Construction Loan Story

At Northwest Private Lending, nothing gives us greater joy and satisfaction than meeting hard-working clients like Daniel! By taking advantage of a hard money construction loan, Daniel was able to build and sell an investment property that set his family up for a bright new beginning!

Ready to discuss your construction loans deal?

Same-day pre-approval. No obligation. Talk to a real person who understands your market.

Apply for a Loan 503-941-5473

Straightforward Pricing

Simple Rates and Terms

No hidden fees, no surprises. Here’s exactly what you’ll pay — the same terms we’ve offered from day one.

Loan Origination Fee

3 points / $2,500 Minimum

Loan Document Fee

$650–850

Monthly Interest Rate

1% Per Month

Monthly Payment

Interest Only

Loan Closing - Business Purpose

3–5 Business Days

Loan Closing - Primary Residence

$0 on Performing Loans

No junk fees, now or in the future. What you see is what you pay. We have built our reputation on transparency.

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Real Deals

Featured Loans

A sample of the deals we’ve funded for investors across the Pacific Northwest.

Construction Loan

28407 West Lane, Ocean Park WA 98640

Land Purchase price$40,000Loan Amount$200,000Pre-sold price$400,000

Builder purchased land and is 1/3 through their construction having used all their own funds. They need the loan to complete the project.

Construction Loan

3759 N Melrose Dr, Portland, OR

Purchase Price$483,000Loan Amount$400,000Total Rehab Costs$300,000Listed for$1,250,000

Property was gutted and could only be purchased with cash or Hard Money; Amazing neighborhood and views; Needed full renovation and 18 months to complete; Buyer is a builder and will make over $400K in profit when completed.

Construction Loan

20501 E Lolo Pass Rd, Rhododendron OR 97049

Purchase Price$261,000Loan Amount$350,000Total Rehab Costs$60,000Income$5,000 to 10,000 per month / Average $90,000 per year

Borrower purchased this property back from the bank for $261K. It had previously been a vacation rental that rented for $500 per night. During the foreclosure the house and property fell into serious disrepair. Borrower will fix up, keep, and rent out the property.

Construction Loan

24015 Birch Pl, Ocean Park WA 98640

Land Purchase Price$40,000Loan Amount$225,000Pre-sold$353,000

Builder is doing a new construction project. NWPL collateralized his last house and this new build to loan 100% of the new construction costs to complete. The home was already pre-sold. Builder completed in 120 days and paid off the loan with very little financing costs.

“I have been using hard money lenders for over 20 years. Working with Eric is the best he is there to help however he can. They give 100% attention when doing the deal maki g sure it goes seamless and very quick. If your looking to rehab, flip of what ever this is the company I recommend you use.”

Rick L