Seattle deals move fast and cost a lot, so short-term money has to show up on time. A bridge loan buys you that time, as long as the lender also has a plan for what comes after it.
In short: Our top pick for bridge loans in Seattle, WA is LendingStreet, for three reasons: loans from $150,000 to $5M+ that fit Puget Sound prices, closings in as little as 10 days, and a built-in exit into a 30-year DSCR rental loan with the same lender. Rates start from 7.99%, LLC borrowers are standard, and you can get a quote with the form below or call (877) 298-1001.
LendingStreet is our top pick for investors who need short-term money in the Seattle area. Our bridge loans run from $150,000 to $5M+ on 1 to 8 unit residential investment property, with rates from 7.99%, interest-only payments and closings in as little as 10 days. Some bridge programs need no appraisal, which can save time when a seller or a maturing loan sets the clock.
The fit is strongest for investors who need to close quickly on a King, Pierce or Snohomish County deal, pay off a loan that is coming due, or buy, renovate and refinance. When the work is done, the same team can move you into a 30-year DSCR rental loan that qualifies on the property's rent, with no W-2s or tax returns.
Have a Seattle deal in front of you? Get a quote with the form below or call (877) 298-1001.
Investors searching for bridge lenders often compare national names like CoreVest, Dominion Financial, Lima One and Roc Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Seattle, WA. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Bridge loan above $3M | LendingStreet | Our bridge program runs from $150,000 to $5M+. CoreVest states single-asset bridge loans from $75K to $2M+, and Roc Capital states stabilized bridge loans up to $3,000,000. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Inside the city, investors work in Rainier Valley, Beacon Hill, Delridge, West Seattle, Lake City, Greenwood and Ballard, where 1910s craftsman homes, 1950s ramblers and older duplexes sit next to new townhomes. South and north of the city, Renton, Kent, Burien, Federal Way, Tacoma, Shoreline, Lynnwood and Everett offer lower entry prices and a deep pool of renters.
Prices here are high enough that a slow closing can cost the deal, and many sellers favor cash or near-cash offers. Washington's 2023 middle housing law also pushed cities to allow more homes on residential lots, so some investors buy a house with a plan to add units later. Confirm what the exact lot allows with the city before you count on it.
Seattle investors usually choose among a bank or credit union, a local hard money lender, a private individual and an investor lender like LendingStreet. Each can work. The table shows the general patterns; individual lenders vary.
Banks can be competitive if you have full income documents and time to wait. Local hard money lenders are often quick, but fees and terms vary and most only offer short-term money. LendingStreet pairs hard money style speed with a long-term DSCR loan at the end.
| What investors need | LendingStreet | Typical bank | Typical hard money lender |
|---|---|---|---|
| Closing speed | As little as 10 days | Often several weeks | Often fast |
| Loan size | $150,000 to $5M+ | Varies; large balances can be harder | Varies by lender |
| Rates | From 7.99% | Varies | Varies; fees and terms vary |
| How you qualify | Deal-focused; no W-2s needed; LLC borrowers standard | Often requires tax returns and personal income | Mostly based on the property |
| Valuation | No appraisal on some bridge programs | Appraisal usually required | Varies |
| Long-term exit | Refinance into a DSCR rental loan with the same lender | Possible, usually with full income documents | Usually short-term only |
| Where they lend | All 50 states and DC | Usually a local footprint | Usually local or regional |
Most bridge requests we see from the Puget Sound area fall into a handful of patterns. Each one has a different exit, so we plan the refinance or sale before you close.
This example is illustrative and not a quote. An investor owns a West Seattle duplex with a short-term loan balance of $640,000 that is maturing in 30 days. One unit is vacant and needs finish work. A bridge loan of $700,000 pays off the old loan and funds $60,000 of repairs, at roughly 70% of the $1,000,000 value after the work is done.
The estimated interest-only payment is about $5,833 a month once fully funded. Over 6 months, that is about $35,000 of interest. With both units leased at $3,200 and $2,900, the investor refinances into a 30-year DSCR loan of $700,000, which pays off the bridge.
Estimated principal and interest on the DSCR loan is about $4,775. Adding $750 of property taxes and $175 of insurance gives a payment of about $5,700. Against $6,100 of monthly rent, the DSCR is about 1.07x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Old loan payoff | $640,000 |
| Repairs funded | $60,000 |
| Bridge loan | $700,000 |
| Estimated interest-only payment | $5,833 a month |
| Interest over 6 months | $35,000 |
| Value after repairs | $1,000,000 |
| DSCR refinance loan (70% LTV) | $700,000 |
| Estimated principal and interest | $4,775 |
| Taxes and insurance | $925 |
| Total monthly payment | $5,700 |
| Monthly rent, both units | $6,100 |
| DSCR | About 1.07x |
Washington charges a graduated real estate excise tax on sales, with higher brackets on higher prices, plus a local portion. The seller usually pays it, but it affects your resale math on a flip exit. King County property taxes are moderate for the region, yet they still matter on a high-value rental. Pull the current bill for the address.
Seattle requires rental properties to be registered under its rental registration and inspection program, and the city has some of the strongest tenant protections in the country, including notice rules for rent increases. Seattle also limits short-term rentals, generally tying them to the operator's own residence, so most bridge-to-DSCR plans here use 12-month leases. Confirm current rules with the city before you buy.
A bridge loan is short-term by design, so the exit matters as much as the purchase. Some Seattle investors sell after the work is done, especially on higher-end homes where the resale margin is strong. Many hold, because the region's rents and demand from tech, health care and port employers support long-term rentals.
For a hold, our DSCR loans qualify on the property's rent, require a 620 minimum credit score and a 1.0x standard minimum DSCR, and allow LLC borrowers. Cash-out goes up to 75% LTV, and rate-and-term goes up to 80% on some programs. Seasoning varies by program. Our bridge to DSCR guide walks through the steps.
Put the same questions to every lender you talk to. LendingStreet's answers are next to each one.
Ready to compare? Send the deal through the quote form below, or call (877) 298-1001.
Our top pick is LendingStreet: bridge loans from $150,000 to $5M+ with rates from 7.99%, closings in as little as 10 days, and a DSCR rental refinance with the same lender when you are ready to hold.
Yes. We lend in Seattle, across King, Pierce and Snohomish counties, throughout Washington, and in all 50 states and DC.
Often, yes. Paying off a bank balloon, construction loan or private note is a common use. Send the payoff letter, the property details and your exit plan.
Some bridge programs need no appraisal. Larger balances usually need a full valuation. We tell you which applies when we quote the deal.
Usually not as a pure investment. Seattle generally ties short-term rentals to the operator's own residence, so plan on a long-term lease and a DSCR refinance.
In as little as 10 days with a complete file: contract or payoff letter, scope of work, entity documents and proof of funds.
No. Our bridge loans are business-purpose loans on non-owner-occupied investment property.
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