Private Money Lender
Fast, Flexible Real Estate Loans in Seattle and Western Washington
When a deal can't wait for a bank, Washington real estate investors turn to Puget Sound Investors. We're a family-owned private money lender with over 40 years of experience funding the deals that conventional lenders won't touch — and we can tell you yes or no within days.
Why Investors Choose Puget Sound Investors
Decisions in Days, Not Weeks: We review every loan request personally. Most borrowers hear back within 2–3 business days. Once approved, we can fund in as little as two weeks from application — fast enough to win competitive deals in Seattle's market.
Flexible Underwriting: Banks lend on credit scores and W-2s. We lend on the value of the property. If the deal makes sense and the collateral is solid, we find a way to make it work — including unique property types, land, and non-traditional situations that banks routinely decline.
40+ Years of Local Knowledge: We've been lending in Washington State since the 1980s. We know Seattle neighborhoods, Western Washington markets, and what makes a real estate deal pencil out. That experience means faster decisions and fewer surprises at closing.
No Prepayment Penalties Pay off your loan early without penalty. We structure loans around your project timeline, not ours.
One Point of Contact, Start to Finish From your first call to final payoff, you work directly with our team — not a call center. We manage underwriting, appraisals, and due diligence in-house, which keeps your costs down and keeps the process transparent.
Private Money Loan Terms
Loan Amounts $50,000 – $3,500,000
Loan-to-Value Up to 65% of market value
Interest Rate Typically 10%
Loan Term 1 – 2 years
Payments Interest-only monthly
Prepayment Penalty None
Loan Fee 3% – 6% (built into loan, not paid out of pocket)
Decision Timeline 2–3 business days
Funding Timeline As fast as 2 weeks from application
What We Fund in Washington
We provide private money loans for investment and commercial real estate throughout the Seattle metro area and Washington, including:
Fix and Flip Loans — Purchase and renovation financing for residential investment properties
Bridge Loans — Short-term financing to bridge gaps between transactions
New Construction Loans — Spec home and development financing
Land Loans — Raw land, timberland, and land development
Multi-Family Loans — Apartment buildings and multi-unit residential properties
Commercial Real Estate Loans — Retail, industrial, mixed-use, and other commercial properties
Unique Properties — We specialize in properties that conventional lenders decline
We do not fund owner-occupied primary residences.
Seattle and Western Washington Service Area
We personally inspect every property before funding, which means we know our markets deeply. We lend throughout Washington including:
Seattle · Bellevue · Kirkland · Redmond · Everett · Marysville · Mount Vernon · Edmonds · Lynnwood · Anacortes · Bellingham · Tacoma · Olympia · Skagit County · Snohomish County · King County · Pierce County · Whatcom County
We have offices in Seattle, WA and Mount Vernon, WA.
How to Get a Private Money Loan
Getting funded with Puget Sound Investors is straightforward:
Step 1 — Submit Your Loan Request Fill out our short online loan request form or call us directly. Tell us about the property, the loan amount you need, and your timeline.
Step 2 — We Review and Respond Our team reviews your request and responds with a decision — yes, no, or follow-up questions — within 2–3 business days.
Step 3 — Due Diligence and Appraisal We conduct our own in-house underwriting and property inspection. We handle this quickly and keep you informed throughout.
Step 4 — Closing Once approved, we move to closing. Most loans fund within two weeks of application.
Frequently Asked Questions
Do I need good credit to get a private money loan? No. We underwrite based primarily on the value of the property, not your credit score or income history. If the collateral is solid and the deal makes sense, we can often fund borrowers who don't qualify for conventional financing.
How is a private money loan different from a hard money loan? The terms are often used interchangeably. Both refer to loans from private sources (not banks or credit unions) secured by real estate. At Puget Sound Investors, we use our own investor capital, which allows us to move faster and be more flexible than traditional lenders.
What is the maximum loan-to-value you will fund? We typically lend up to 65% of the market value of the property. In some cases a down payment can help qualify a loan, but if the property's value already supports a sub-65% LTV, a down payment may not be required.
Can I use a private money loan to buy and renovate a property? Yes. Fix and flip loans are one of our most common loan types. We can finance both the purchase and renovation of investment properties.
How long does it take to close a private money loan? Most of our loans close within two weeks from the time of application. In time-sensitive situations, we work to move as quickly as the due diligence process allows.
Do you charge prepayment penalties? No. You can pay off your loan at any time without penalty.
About Puget Sound Investors
Puget Sound Investors LLC is a boutique, family-owned private real estate lending and investment management firm based in Washington State. Founded by Kent Haberly, who has brokered private real estate transactions in the Puget Sound region for over 40 years, the company is now run alongside his sons David and Kyle Haberly. Together they bring decades of local market knowledge, creative deal structuring, and a commitment to doing right by both borrowers and investors.
We've funded transactions ranging from $50,000 to $3,500,000 across every major property type in Western Washington. Our referrals come from mortgage brokers, attorneys, realtors, accountants, financial advisors, and — most importantly — repeat borrowers.
Ready to move on your next real estate deal? Contact us at 360-424-3323 or submit a loan request online. We'll get back to you within days.