A unique opportunity to buy a duplex in Bellevue WA within walking distance of downtown saw 43 offers in one day.  To differentiate themselves from the pack, two business partners decided to include a 10-day close in their offer.  The seller was motivated to sell quickly and selected their offer, even at a lower price than other competing offers.  The new reality now facing those business partners was to find someone that could execute a loan request in 10 days or less, with certainty?  Reaching out to a connected loan officer/broker (Lisa Tang) to find a reputable funding source, she knew to call Seattle Funding Group.

Seattle Funding Group was able establish value within a couple days, quickly underwrite the loan request and provide funding on time.  In a competitive market, a quick close from a multi-decade reliable lender can differentiate your offer from the masses.

What we like about the deal:

  • 60% Loan to Cost which allowed some flexibility in the valuation.
  • Strong financials.
  • A very responsive broker and borrower that allowed us to move quickly.