Construction Loans for Multi-Family Builders

Financing for contractors and builders in Oregon, Washington, and Idaho.

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What is a Multi-Family Construction loan?

Multi-Family construction loans are interest-only short-term (6-24 month) loans to help licensed contractors and investors fund multi-family builds on entitled property within urban growth boundaries. These are non-owner occupied 5+ unit projects (townhome, apartment, multi-door) built to be sold upon completion.

Here at Trueline Capital, our loans help contractors start projects with quick turn times, competitive rates, and up to 85% LTC, project dependent.

Give us a call today or request a quote to learn more!

We’ll Work with You to Get the Financing You Need.

Multi-Family Loan Program

Loan Products:
Construction / Extensive Rehab
Property Types:
Multi-Family
Loan-to-Value | Loan-to-Cost:
Up to 70% LTV (Appriased Value) | 85% LTC
Terms:
6 - 24 Months
Pricing:
Starting at 8.75%
Loan Amounts:
$200,000 - $20,000,000
Markets:
Washington, Oregon, and Idaho

We also have competitive bridge loan financing…

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Recently Funded Projects

Whether you are ready to start a new project, have too many projects in the works to qualify for another, or have reached your credit limit we’ll work with you to get the financing you need. Check out some of the projects we have worked on with Pacific Northwest real-estate investors like you.

Sager-Anderson

Henderson | Tumwater, WA

Loan Amount

$990,000

Loan-to-Value

65%

Builder Type

SFR

Value

$1,528,000

Price/sqft

$278

Katre-Haller-Lake

Haller Lake | Seattle, WA

Loan Amount

$1,927,000

Loan-to-Value

68%

Builder Type

SFR+ADU+DADU

Value

$2,850,000

Price/sqft

$491

Sager-Camano

Stonebrook | Tacoma, WA

Loan Amount

$355,000

Loan-to-Value

63%

Builder Type

SFR

Value

$560,000

Price/sqft

$112

Our Borrowing Process is Easy. Guaranteed.

trueline process 1

Submit A Project

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Simply fill out our online project submission, upload as much or as little as you have about the project, and we will send you a pricing quote.

trueline process 2

Funding Proposal

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Once we look at your project, you’ll receive our funding proposal with documents and loan pricing. Review, ask questions, then submit builder and borrower required items, and we’ll begin processing your loan!

trueline process 3

Set Up Escrow

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Once our underwriters sign off on the loan, we’ll send documents to escrow and walk you through the closing process.

trueline process 4

Fund & Build

We’ll send you a login to our online draw management system and get you moving on your project. Throughout the loan process and draw system, we are here to help answer any questions and support your project until completion.

Start An Application

Lending Partnerships by Design

At Trueline Capital we understand that cash is king. We want to partner up with you to keep your cash flowing positively from project to project with affordable bridge financing options in Seattle, Portland, Bend, and Boise.

Submit An Application