Loan amount
Up to $10M
Loan-to-value (LTV)
80%
Required credit score
None
Required deal experience
None
Rates
Start at 12%
Fees
Origination fee: start at 2 points. Processing fee: start at $450.
Address
12131 113th Ave NE #201, Kirkland, WA 98034
About
We lived through it, we learned, and we decided to do better. Rain City takes a different approach to hard money lending – we put the interest of our borrowers first, and prioritize smart decision-making for the long term. Since 2009, we have funded over $750 million in loans for flips, short sales, escrow and auction purchases, in over 4,000 transactions. We partner closely with each of our borrowers to ensure success. Unlike the industry in 2007 – and for some lenders today – for us, it’s not about a quick buck. It’s about keeping it simple and lending with integrity.
States
Washington