Business Details
39 Years
experience
Your Trusted Partner for Real Estate Financing Solutions
Mortgage Equities has been a trusted provider of private real estate financing solutions since 1987. Our team brings over 75 years of combined experience in real estate finance and investments, specializing in fast, efficient funding for investment properties, construction projects, and unique real estate opportunities. We partner with borrowers to create tailored loan structures that meet their specific needs, prioritizing simplicity and speed while avoiding unnecessary regulatory hurdles. Our competitive rates and flexible terms cater to individual investors, trusts, and corporations across the Pacific Northwest. With a proven track record in bridge loans, fix-and-flip financing, and note purchases, we maintain a client-focused approach that emphasizes transparency, integrity, and long-term relationships.Our seasoned professionals, including industry veterans with decades of underwriting expertise, ensure that each transaction aligns with both borrower goals and market realities. By eliminating traditional appraisal requirements and streamlining documentation, we deliver rapid funding solutions that empower clients to seize time-sensitive opportunities. Our commitment to successful outcomes extends beyond closing, as evidenced by our repeat clientele and extensive portfolio of completed projects in Washington, Oregon, and Idaho.
Services
Bridge Loans
Construction Loans
Hard Money Lending
Note Purchases
Fix & Flip Financing
Land Development Loans
Commercial Property Loans
Trust Financing
Real Estate Note Sales
Private Lending Solutions
Details
- Year established: 1987
Highlights and features
- We offer competitive hard money rates with flexible loan structures tailored to real estate investors
- Our 75+ combined years of real estate finance experience ensures expert underwriting and decision-making
- We provide fast funding solutions without mandatory appraisal requirements
- Our team includes certified financial planners and former banking executives with deep industry knowledge
- We maintain ALTA Extended Title Coverage for enhanced transaction security
What people say
Quick closings
Favorable terms
Responsive team
Smooth process
Expert professionals
Services
Bridge Loans
Our bridge loans provide temporary financing for real estate investors needing quick capital. With loan amounts from $75,000 to $3,000,000 and terms up to 3 years, we offer interest-only payments and flexible maturity options. By typically waiving appraisal requirements, we enable faster funding for property acquisitions, refinancing, or development projects in Washington, Oregon, and Idaho.
Construction Loans
We specialize in construction financing for residential and commercial projects across the Pacific Northwest. Loan amounts range from $100,000 to $3,000,000 with terms of 12-18 months. Our process accounts for current market challenges like supply chain delays, offering realistic maturity timelines and competitive rates based on loan-to-value ratios and project scope.
Note Purchases
We purchase real estate-secured notes and contracts throughout the western United States. Our services include full or partial note acquisitions, installment purchases, and customized payment structures. Sellers receive fast cash for immediate needs while maintaining flexibility through options like partial note sales that preserve future payment streams.
Fix & Flip Financing
Our fix-and-flip loans support property rehabilitation projects with up to 80% loan-to-cost ratios. We fund up to 65% of finished property values for terms of 12-18 months, requiring only interest payments during construction. This solution caters to investors needing rapid capital for property renovations and resale opportunities.
Commercial Lending
We provide commercial real estate financing for apartments, self-storage facilities, light industrial properties, and neighborhood shopping centers. Our non-traditional approach accommodates borrowers with unique credit profiles, offering flexible terms and rapid decision-making for commercial property acquisitions and developments.
People
Sanford J. Lindstrom
Senior Loan Officer
With over 35 years in financial services, Sanford brings extensive underwriting expertise from his roles as former Senior Officer at a local savings bank and Chief Investment Officer of an insurance company. He holds degrees in economics and business administration from the University of Washington.
Ronald L. Ralph
Certified Financial Planner
Ron has 45 years of real estate lending experience, combining his Boston University finance education with Certified Financial Planner credentials. He specializes in structuring complex transactions and has been with Mortgage Equities since its founding in 1987.
April E. Lindstrom
Loan Servicing Supervisor
April manages loan servicing operations with over five years of experience in investor relations. A Western Washington University honors graduate, she previously supervised operations for a major cruise line's land-based tour company.
Questions
What types of real estate loans do you offer?
We provide bridge loans, construction loans, fix-and-flip financing, commercial property loans, and land development loans. Our services also include financing for trusts, estates, and guardianships.
How quickly can you fund a loan?
Most loans close within 48 hours without appraisal requirements. Our streamlined process typically delivers funds faster than traditional lenders, with some transactions completing in less than two days.
Do you require property appraisals?
We typically do not require formal appraisals, saving time and money while accelerating the funding process. Our underwriting focuses on the borrower's track record and project viability.
What are your loan-to-value ratios?
For construction loans, we offer up to 80% loan-to-cost and 65% of finished value. Bridge loans consider current financial statements and collateral value without strict regulatory limitations.
Can I sell part of my mortgage note?
Yes, we offer partial note sales that provide immediate cash while preserving future payment streams. This option allows sellers to raise capital without forfeiting their entire principal balance.
What areas do you serve?
We primarily serve Washington, Oregon, and Idaho from our Gig Harbor headquarters, with experience handling transactions across the western United States.
