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Intrust Funding

Intrust Funding

Bellevue, Washington
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Intrust Funding

14508 NE 20th Street, Suite 200, Bellevue, WA 98007
425.272.9881
loans@intrustfunding.com
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Vetted Provider

This vendor has been evaluated and confirmed as active, reputable, and qualified to lend.

About

$1B+
Capital Deployed
2009
Year Founded
Intrust Funding is a Washington State hard money lender headquartered in Bellevue, founded in 2009. With nearly $1 billion in total loans funded across more than 2,000 transactions, Intrust has become one of the most recognized private lenders in the Pacific Northwest. The company focuses exclusively on investment real estate in Washington state - from Seattle and Bellevue to Spokane and beyond. Intrust is known for a genuinely fast, no-bureaucracy process: loans can fund in 48 hours, the first rehab draw is advanced at closing with no inspection required, and appraisals are never needed. The team prices at a simple 12% rate (1% per month) with a flat 2% origination fee, making deal math straightforward for investors. Intrust supports a wide range of investor strategies including fix-and-flip, BRRRR, buy-and-hold, DADU construction, AirBnB rentals, 1031 and reverse 1031 exchanges, and commercial real estate. They welcome new investors and self-directed IRA borrowing, and they offer equity joint ventures for the right deals.

Key Differentiators

Why investors choose this lender:

  • 48-hour closings with all-cash proof of funds — closes faster than almost any lender in Washington state, enabling investors to compete on speed and present all-cash offers
  • First rehab draw advanced at closing — investors start work the same day they close, with zero waiting period to access renovation funds
  • No appraisals, no draw inspections, ever — completely stripped-down process eliminates the two biggest sources of delay in hard money lending
  • Asset-based approval rather than credit-score gating — Intrust publishes no minimum FICO and works with borrowers across varying credit histories, anchoring underwriting to the property's after-repair value
  • Widest property type coverage in Washington — lends on hotels, motels, gas stations, gyms, wineries, RV parks, manufactured homes, mobile homes, and schools in addition to standard residential and commercial
  • DADU and ADU construction specialty — one of few lenders actively financing detached accessory dwelling unit builds, a high-demand product in Washington's housing market
  • Equity joint ventures available — will co-invest on qualifying deals, not just lend against them

Where They Lend

Local
Washington State Only
Washington State only, statewide. Lends in all property types including residential, multifamily, commercial, and specialty properties. No owner-occupied homes.

Loan Types, Structures and Terms

$50,000 to $15,000,000
Typical Loan Amounts
1 to 12 Months
Typical Terms
12% to 12%
Typical Interest Rates
2% to 2%
Typical Points
Purchase: 15% to 20% borrower down payment, capped at 70% of after-repair value. Bridge/refi: asset-based, loan sized to property value. Construction: 90% LTC ground-up. All loans: 1st lien only. Interest only. 12% flat rate. No appraisal, no draw inspection.
Fix-and-Flip
New Construction
Short-Term Bridge
Intrust Funding fix-and-flip loans close in as little as 48 hours with no appraisals and no draw inspections. The first rehab draw is advanced at closing, and subsequent draws fund within 24 to 72 hours. No published minimum FICO and no experience required.
Fix & Flip FeatureStructure & Terms
Interest Rate12% (1% of loan amount per month, interest only)
Origination Fee2% (minimum $2,000)
Loan Amount Range$50,000 to $15,000,000
Borrower Down Payment15% to 20% of purchase price
Maximum LeverageUp to 70% of after-repair value (ARV)
Loan Term1 to 12 months
Rehab Draw FundingWithin 24 to 72 hours | First draw advanced at closing, so there is no waiting to start work
Draw Inspections RequiredNone. No draw inspections at any stage; 15 photos are submitted instead.
Appraisal RequiredNever. Asset-based underwriting only.
Min Credit ScoreNo published minimum FICO. Property value drives approval; Intrust works with borrowers across varying credit histories.
Experience RequiredNone. New investors welcome.
Prepayment PenaltyNone
Extension1% of loan amount per 45-day extension (added to principal)
Intrust Funding funds ground-up construction and DADU/ADU projects statewide in Washington with up to 90% LTC, no draw inspections, and no experience requirement. Will lend on partially completed projects. Draws fund within 72 hours.
Construction FeatureStructure & Terms
Max LTC (Construction Costs)90%
Interest Rate12% (1% per month, interest only)
Origination Fee2% (minimum $2,000)
Loan Amount Range$50,000 to $15,000,000
Loan TermUp to 12 months
Draw InspectionsNone required — no draw inspections
Partially Completed ProjectsAccepted — will lend on projects already underway
Experience RequiredNone — 0 prior projects required
Project TypesGround-up residential and multifamily; DADU / ADU construction specialty
Intrust Funding bridge loans close in as little as 48 hours, statewide in Washington, on residential, multifamily, and commercial properties. No appraisal required. No published minimum FICO. Proof of funds letters provided.
Bridge Loan FeatureStructure & Terms
Interest Rate12% (1% per month, interest only)
Origination Fee2% (minimum $2,000)
Loan Amount Range$50,000 to $15,000,000
Loan Term1 to 12 months
Closing Time48 hours typical | 2 days fastest
Appraisal RequiredNever
Proof of Funds LetterYes. Enables all-cash offers.
Auction PurchasesAccepted
Min Credit ScoreNo published minimum FICO. Asset-based underwriting; the property is the primary consideration.
Property TypesResidential, multifamily, mixed-use, commercial, industrial, specialty
Extension1% of loan amount per 45-day extension (added to principal at maturity)
Don't lose the deal waiting on financing. Apply now and get pre-approved today.
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Borrower Qualifications (Are you qualified?)

Intrust Funding qualifies deals on the Washington investment property itself rather than the borrower's tax history or credit score, and works with investors across varying credit histories. Loans are limited to non-owner-occupied Washington State investment property, require 15% to 20% down, and cap at 70% of after-repair value.
Qualification ParameterLender Requirements
Property EligibilityNon-owner occupied only. Must be a Washington State investment property. Cannot be a personal loan, a primary residence, or a secondary residence.
Credit RequirementNo published minimum FICO. Intrust works with borrowers across varying credit histories. Approval is driven by the property's after-repair value rather than the borrower's credit score or tax history.
Borrower Down Payment15% to 20% of the purchase price on both Standard and Rehab loans.
Maximum LeverageUp to 70% of after-repair value (ARV). Intrust underwrites to the finished value of the project rather than the current as-is value.
Exit StrategyRequired. Borrowers repay either by selling the finished property or by refinancing into longer-term financing. Model both exits in the FlipperForce Flip Analyzer and BRRRR Analyzer before you apply.
FeesAll fees rolled into the total loan amount. No separate out-of-pocket fee payments due at closing.

Underwriting Process (How long will it take to get approved?)

Intrust Funding underwrites in-house with no third-party approvals, no appraisals, and no inspections, which supports funding in as fast as 48 hours. Approval runs in four steps: prequalify yourself, prequalify the property, receive a proof of funds letter to lock in the deal, then a complimentary deal analysis if the property is already under contract.
Stage / RequirementProcess & Timelines
Step 1: Prequalify YourselfSubmit your name, email, and phone to open the file. Intrust confirms the property sits in Washington and is not owner-occupied before moving forward.
Step 2: Prequalify PropertySubmit the property address and the required qualification items. Underwriting is anchored to the property's after-repair value, not your personal financials.
Step 3: Proof of Funds LetterIntrust writes your proof of funds letter so you can lock in the property and compete against cash buyers.
Step 4: Complimentary Deal AnalysisIf the property is already under contract, Intrust provides a free deal analysis. Run your own numbers alongside it in the FlipperForce Flip Analyzer so your ARV and rehab budget are independently verified.
Property ValuationNo appraisals and no inspections. Intrust underwrites in-house using direct knowledge of the Washington market, which removes the two slowest steps in a typical hard money file.
Speed to CloseFunding in as fast as 48 hours on a complete package, handled by an in-house underwriting team with no third-party approvals.

Draw Process (How long will it take to get draws?)

Intrust Funding runs a photo-verification draw process with no third-party inspections. Submit the online Rehab Loan Disbursement Form with a description of work and 15 photos of the completed scope, and funds release within 24 to 72 hours. The first rehab draw is advanced at closing so work starts the day you close.
Operational StepMethodology & Timelines
Draw SystemFirst rehab draw advanced at closing, so crews can start the day you close. Subsequent draws are reimbursement-based against completed work.
Inspection MethodNo inspections. Submit the online Rehab Loan Disbursement Form with a written description of work plus 15 photos of the completed scope. No inspector scheduling and no site visit required.
Funding TurnaroundDraws release within 24 to 72 hours. Intrust asks borrowers to allow up to 2 business days for draw request fulfillment.
Draw ScheduleUp to 9 sequential draws per property. DADU and ADU projects are tracked on a separate draw line within the same request form.
Disbursement MethodWire transfer or check, delivered by EFT, mailed to the borrower address, or picked up at the Bellevue office.
FlipperForce IntegrationMap each draw milestone to your contractor dates in the FlipperForce Scheduler, and log approved draws against rehab line items in the Project Budgeter so your 15-photo submission always matches documented scope.