Ground-up construction loans for builders and investors developing new properties in Washington. Finance up to 85% of your land purchase and 85% of construction costs on a single loan. Rates from 10%, non-Dutch interest, and land doesn't need to be permitted to qualify. Loans $100K to $7.5M.
SLA Capital — a Sir Lends A Lot LLC Company
A new construction loan is short-term financing for building a property from the ground up. It typically covers land acquisition, vertical construction, and an interest reserve on a single loan, with construction funds disbursed via draws as the build progresses through inspection milestones. Once construction is complete, the loan is paid off through a sale of the finished property or refinanced into long-term financing.
Washington pairs no-state-income-tax advantage with Seattle-metro tech premium rentals (Amazon, Microsoft, Boeing). Tacoma + JBLM add military stability. Spokane and Vancouver round out the state with secondary market opportunities.
Washington has no state income tax on wages — a meaningful yield boost for investment property owners over the hold period.
Amazon, Microsoft, Boeing, plus a deep enterprise software ecosystem (Bellevue, Redmond, Kirkland) anchor premium rental demand across the Seattle metro.
Joint Base Lewis-McChord (JBLM) is one of the largest military bases on the West Coast. Anchor military rental demand across Tacoma and Pierce County.
Whether you're closing a single-asset SFR in a smaller Washington market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
King County — plus Bellevue, Redmond, Kirkland (tech corridor)
Pierce County — Seattle-adjacent SFR + JBLM demand
Spokane County — Eastern Washington + Idaho adjacencies
Clark County — Portland-metro north side
Thurston County — state capital
Whatcom County — WWU + Canadian border market
Kennewick, Pasco, Richland — Hanford + agriculture
Statewide coverage — send us any Washington property
Same nationwide program, no state-specific surcharges.
Up-front pricing on every loan. The rate you're quoted is the rate you close at — no surprises at the closing table.
Up to 85% of the land purchase price plus 85% of construction costs. High leverage that keeps your capital deployable.
Pay interest only on the funds you've actually drawn, not on the undrawn balance. Keeps carrying costs down during early build phases.
Choose the term that fits your build schedule. Straightforward extensions available on active projects.
Land does not need to be permitted or warranted before loan approval. Get under contract and permit in parallel.
From single infill lots to multi-unit projects across Washington. Same clean underwriting from starter builds up to $7.5M.
Yes. SLA Capital funds New Construction loans throughout Washington — Seattle Metro, Tacoma, Spokane, Vancouver (WA), Olympia, and every other WA metro. Rates from 10%, up to 85% land + 85% construction.
SLA Capital finances up to 85% of the land purchase plus 85% of construction costs in Washington. Loans range from $100,000 to $7,500,000.
No. SLA Capital does not require the land to be permitted or warranted before loan approval. Get under contract and start underwriting in parallel with permitting.
Non-Dutch interest — borrowers pay interest only on funds that have been drawn, not on the undrawn balance. This keeps carrying costs down during early build phases when most of the loan hasn't been disbursed yet.
Washington pairs no-state-income-tax advantage with Seattle-metro tech premium rentals (Amazon, Microsoft, Boeing). Tacoma + JBLM add military stability. Spokane and Vancouver round out the state with secondary market opportunities.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Washington investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Short-term purchase + rehab financing across every Washington metro. Rates 9.5–12%. Up to 100% LTC for premier borrowers.