Seattle, WA · Ground-Up Construction Loans
Ground-Up Construction Loans in Seattle
Fund land, build, and long-term refi in one seamless loan.
Why Seattle investors choose 818
Seattle is a higher-ticket, appreciation-forward market where value-add multifamily and townhome plays dominate. Tech employment keeps rents climbing, but the city's regulatory environment demands underwriting that reads local rules correctly — and the Peninsula's STR pods run an entirely different playbook from the metro core.
Our edge here: We price the Seattle metro and the Olympic Peninsula at different tempos and underwrite them separately — one credit box does not fit both.
Ground-Up Construction Loans: Seattle terms
Term
12–24 month construction, converts to 30-year DSCR
Leverage
Up to 85% LTC, 70% LTV on completion
Credit minimum
680
Close time
30–45 days
Qualification
Pro-forma DSCR + sponsor build experience
Ideal for
Developers building 1–20 unit ground-up spec, BRRRR investors building instead of buying existing stock, and infill builders with approved permits.
Common questions — Seattle construction loans
Does 818 Capital offer construction loans in Seattle?
Yes. 818 Capital Partners is a direct private lender originating Ground-Up Construction Loans for investor properties throughout Seattle and the greater King County market. Fund land, build, and long-term refi in one seamless loan.
What are typical construction loan terms in Seattle?
12–24 month construction, converts to 30-year DSCR. Up to 85% LTC, 70% LTV on completion. Minimum credit score 680. Typical close time: 30–45 days. Qualification: Pro-forma DSCR + sponsor build experience.
What Seattle neighborhoods do you lend in?
We actively finance construction loans across Ballard, Beacon Hill, Columbia City, Lake City, West Seattle, and other submarkets of King County.
How fast can 818 Capital close a construction loan in Seattle?
Our typical close time for a Ground-Up Construction Loans is 30–45 days. On urgent deals we've closed faster — ask for a same-day term sheet.
Other loan programs in Seattle
DSCR Rental Loans
30-year fixed. No personal DTI. Closes on property cash flow.
Fix & Flip Loans
Up to 90% LTC. 75% ARV. 12-month terms.
Short-Term Rental (STR) Loans
Underwritten on AirDNA revenue, not LTR shadow rents.
Apartment & Multifamily Loans
5+ unit apartment buildings. Bridge, value-add, and long-term.
Bridge Loans
Fast, flexible capital for time-sensitive acquisitions.
Ground-Up Construction Loans in other markets
Ready to close your Seattle deal?
Submit a scenario. We\'ll come back with a real term sheet — not a teaser rate — within 24 hours.