Washington State’s commercial real estate market is dominated by the Seattle metro, home to Amazon, Microsoft, Boeing, and a world-class concentration of tech companies. Seattle’s industrial, multifamily, and mixed-use markets are among the most competitive in the country. Eastern Washington — Spokane, the Tri-Cities, and the Yakima Valley — offers significantly more affordable commercial lending opportunities with strong fundamentals.
Commercial Loans of Texas is a direct lender headquartered in Magnolia, TX, serving Washington and 43 other states nationwide. We make our own credit decisions — no broker, no middleman, no surprises at closing. Our borrowers in Washington typically close in 5–15 business days.
Commercial Loan Programs Available in Washington
We offer every major commercial loan program in Washington, from fast hard money loans to long-term 30-year fixed financing. Most programs require no tax returns and no upfront fees.
- Hard Money Loans — Asset-based lending up to 70% LTV. No income docs. Close in 5–10 business days. Ideal for acquisitions, fix-and-flip, and value-add commercial properties in Washington.
- DSCR Loans — Qualify on the property’s rental income, not your W-2 or tax returns. Great for investment properties and landlords across Washington.
- Stated Income Commercial Loans — No tax returns required on most programs. Built for self-employed borrowers, business owners, and investors in Washington.
- SBA 7(a) and SBA 504 Loans — Government-backed financing for owner-occupied commercial real estate and business acquisitions. Available statewide in Washington.
- Bridge Loans — Short-term capital to close quickly while permanent financing is arranged. Common in competitive Washington markets.
- Construction Loans — Ground-up construction and major renovation financing for commercial projects throughout Washington.
- Multifamily Loans — 5+ unit apartment financing with competitive rates, available in every market in Washington.
- 30-Year Fixed Commercial Loans — Long-term, fixed-rate commercial financing for stabilized investment properties.
Property Types We Finance in Washington
- Office buildings and medical office
- Retail strip centers and single-tenant NNN properties
- Industrial, warehouse, and flex space
- Multifamily (5+ units) and mixed-use buildings
- Self-storage facilities
- Hotels, motels, and short-term rental properties
- Church and faith-based properties
- Special use and non-warrantable properties
- Land and ground-up development
Loan Terms for Washington Borrowers
| Feature | Details |
|---|---|
| Loan Amounts | $150,000 – $5,000,000+ |
| Max LTV | Up to 70–75% depending on program |
| Loan Term | 12 months to 30 years |
| Income Docs | None required on most programs |
| Min Credit Score | 600+ (some programs lower) |
| Closing Time | 5–15 business days typical |
| Upfront Fees | None |
| States | 43 states including Washington |
Cities We Serve in Washington
We lend on commercial properties throughout Washington, including Seattle, Spokane, Tacoma, Vancouver, Bellevue. If the property is in Washington — urban, suburban, or rural — we can structure a loan for it. Contact us for a same-day quote regardless of location within the state.
Why Washington Borrowers Choose Us Over Local Banks
Local banks in Washington are often slow, require mountains of documentation, and reject borrowers who don’t fit a narrow qualification box. We work differently.
- Direct lender since 1998 — We fund our own loans. No brokers, no referral fees passed to you, no committee approval delays.
- Same-day response — Submit your deal and hear back from a decision maker within hours, not days or weeks.
- No upfront fees — We never charge application fees, processing fees, or due diligence fees before closing.
- No tax returns on most programs — We qualify based on the asset and its income, not your personal tax history.
- Fast closings — Most Washington commercial loans close in 5–15 business days from application to funding.
- Common-sense underwriting — We look at the deal, not just the borrower’s credit file. If the property makes sense, we find a way to fund it.
Frequently Asked Questions — Commercial Loans in Washington
Do I need a Washington business entity to get a commercial loan?
No. You can borrow as an individual, LLC, corporation, or partnership. Most investors use an LLC for liability protection, but it is not required to qualify. We lend to all entity types in Washington.
How fast can you close a commercial loan in Washington?
Most Washington commercial loans close in 5–15 business days from application to funding, depending on the program and how quickly the appraisal is completed. Hard money loans can sometimes close in as little as 5 business days. We provide a same-day term sheet so you know exactly where you stand.
What Commercial Loan Programs Are Most Used in Washington?
Hard money and bridge loans are very popular in Seattle for fast closings in one of the most competitive markets in the country. DSCR loans are widely used by Washington’s large investment property owner community. Stated income programs work well for the state’s large tech entrepreneur and self-employed population.
What is the minimum loan amount for commercial loans in Washington?
Our minimum loan amount is $150,000 for commercial properties in Washington. There is no maximum — we have closed loans well above $5 million. For deals under $150,000, we can sometimes make exceptions depending on the property type and location.
Ready to get a commercial loan in Washington? Apply online here or call us at 877-895-3634. Same-day response, no credit pull, no upfront fees. We have been closing commercial loans since 1998 and we know how to get difficult deals done.
Commercial Loans by City in Washington
We lend in every market in Washington. Here is an overview of our activity in the state’s major commercial real estate markets.
Commercial Loans in Seattle, Washington
Seattle is one of the nation’s premier commercial real estate markets, anchored by Amazon, Microsoft, Boeing, and a world-class concentration of tech companies. Multifamily, industrial, and office demand are exceptionally strong across the metro. Hard money and bridge loans are essential for competing in Seattle’s fast-moving and expensive market.
Commercial Loans in Spokane, Washington
Spokane is eastern Washington’s commercial hub and an increasingly attractive market for out-of-state investors seeking Seattle-quality fundamentals at significantly lower prices. Healthcare, education, and logistics drive consistent commercial demand. DSCR and hard money loans are popular for Spokane’s growing investor community.
Commercial Loans in Tacoma, Washington
Tacoma is a major port city with some of the strongest industrial and logistics demand on the West Coast. The Port of Tacoma drives significant warehouse and distribution activity. Multifamily demand has grown dramatically as Seattle-priced-out residents and businesses relocate south. Bridge and hard money loans are widely used for Tacoma’s fast-moving investment market.
Commercial Loans in Vancouver, Washington
Vancouver, Washington benefits from its position directly across the Columbia River from Portland, Oregon, offering Oregon-market access without Oregon income taxes. Commercial demand for industrial, retail, and multifamily properties is strong. DSCR and bridge loans are popular for Vancouver’s active investor community.
Commercial Loans in Bellevue, Washington
Bellevue is Seattle’s most prestigious suburban commercial market, home to Microsoft’s main campus and numerous other tech company headquarters. Class A office commands some of the highest rents in the Pacific Northwest. Hard money and bridge loans are essential for the rare acquisition opportunities that arise in Bellevue’s ultra-competitive market.