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New Construction

Pasco, WA

A Washington state builder who starts 200 homes per year grew frustrated with their current private
lender’s ground-up construction offerings. So they decided it was time to form new lending relationship. One of the companies they contacted was Lima One.

By the Numbers:

6

Lots

$3.1M

Loan Amount

65%

Loan to Value Leverage

13 Months

Loan Term

The Opportunity

A Washington state builder who starts 200 homes per year grew frustrated with their current private
lender’s ground-up construction offerings. So they decided it was time to form new lending relationship. One of the companies they contacted was Lima One.

The Solution

Lima One financed 10 projects for this experienced builder, providing a smooth process from quote to underwriting to close. The builder will benefit from Lima One’s in-house construction draw process and won’t pay interest on any undrawn construction funds. This allows the builder to continue their development in Pasco, Washington with ease and confidence.

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