Private Money Loans
We are Lantzman Lending, Renton hard money lenders with over 30 years of direct private money lending experience. We offer fast, reliable financing to a wide variety of real estate investors by tailoring loan programs to your specific needs. Our private loan rates start as low as 8% and can close within just 3 days.
No matter what type of real estate you are investing in, we have a loan product to match. Whether you hold title in a company entity (LLC, Corp, Trust, etc.) or personally, our experienced team is ready to handle all transaction types. And since we are true asset based lenders, we only require a one-page application to get started and send you a quote within 24 hours.
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Direct Private Loans In Renton
Situated just 11 miles southeast of Seattle along the shore of Lake Washington, Renton made its mark as the “jet capital of the world” when the Boeing company began producing the B-29 Superfortress here during WWII. Since then, Boeing has remained the biggest corporate presence in the area. The city’s location at the confluence of three major freeways, I-5, I-405 and SR 167, has also opened the door to many other businesses, including PACCAR, which also saw a boon during WWII with its production of Sherman Tanks and is today the chief producer of Kenworth trucks.
Since the mid 1990’s, the downtown of Renton has undergone a major revitalization with the creation of several residential and shopping developments, including one in the former transit center and one near the south shore of Lake Washington called The Landing. Both feature shops, apartments and hotels. The transit center also contains a small town square, Piazza Park, which plays host to a weekly farmer’s market.
With beautiful natural scenery and a strong and growing economy, Renton remains a very desirable place to live. This is reflected in the steady increase in home values over the last decade. According to Zillow, the average home value is currently $578,363, a rise of 12% in the last year alone. Rents are equally competitive, with the current median rent at $1,753. All of this translates into a healthy market for real estate investors in Renton, with plenty of opportunities to be found.
Lantzman Lending is ready to help potential investors who need quick financing to close on a real estate deal. We’ve been operating as hard money lenders for over 30 years and we understand how important it can be to move quickly, especially when multiple offers are on the table. As asset based lenders, we provide funding from our own resources for short term loans with instant quotes and speedy turnaround times that can make all the difference.
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Financing When You Need It
With an economy built around the jet industry, Renton knows all about the importance of speed. Speed is just as crucial in the world of real estate deals and that’s what Lantzman Lending is all about. All too often, securing a traditional loan can be frustrating and time consuming. Lantzman Lending helps to simplify the process with hard money loans that can be finalized in as little as 4 or 5 days. When you call us, you’ll have a quote within 24 hours and we’ll start the loan process right away. We offer competitive rates and superior service, all of it designed to help you get the financing you need without the wait.
In a growing market like Renton, the ability to move quickly on a real estate deal is especially important. Lantzman Lending offers a wide range of hard money loans, from fix & flip or rehab loans to construction loans, commercial loans or refinances, so that you can get in on everything the market has to offer.
At Lantzman Lending we can provide the financing you need directly so there’s no relying on a middle man and no waiting through a tedious and time consuming credit check. We are established lenders in CA, NV and WA, providing funding of up to 65% of the after repair value on fix and flips and 65% of current value on most other loans.
Bridge Loans in Renton
Of course one of the most common applications for hard money is bridge loans, short term loans specifically designed to provide immediate funding until you can secure a traditional, long term loan. That kind of flexibility can make a huge difference when there are multiple offers on a property and you need to move fast. Lantzman Lending understands this need and that’s why we’re ready to provide bridge loans to help facilitate your venture into real estate investing.
To learn about hard money loans see our “Guide to Hard Money Loans” and our “Guide to Rehab and Construction Loans“.
Lantzman Lending offers the following loans to real estate investors:
Would you like to have more information about our loans?
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Recently Funded Deals in Renton
We think our investors did a fantastic design on this remodel in Los Angeles. What an incredible transformation by our borrowers on this Mid Century gem. They received multiple offers in less than a week. Lantzman Lending provided a $980k loan and it sold for $1.495M after renovations!
Take a look at this unique Fix and Flip in Los Angeles, California. This 4 bedroom, 3 bath home has been fully remodeled and sits near the heart of Culver City. Purchase Price: $950,000 | Loan: $945,000 | Sale Price: $1,4000,000
This Los Angeles, CA Fix and Flip was purchased for $520,000. We funded a loan of $400,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $680,000.
This Los Angeles, CA Fix and Flip was purchased for $541,000. We funded a loan of $482,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $848,000
We’ve built a reputation for reliable, competitive and consistent service, as reflected by regular four and five star reviews at Google and Yelp. We’re proud of that record and continually work to be a name you can trust when it comes to hard money loans. With quick turnaround times and quality service Lantzman Lending can help you get your real estate investing dreams off the ground and soaring towards the good life in Renton.
Blog Articles You May Be Interested In:
7 Steps to Guaranteed Hard Money Approval
Finding Funding For Flipping Houses
Using Direct Money Lenders for Your Construction Project