Beaverton Hard Money Lender

Beaverton Hard Money Lender

In the Beaverton real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Beaverton hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Beaverton Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Beaverton.

What Do Beaverton Hard Money Lenders Specialize in?

Beaverton hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Beaverton Hard Money Loans?

Beaverton hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Beaverton Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Beaverton hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Beaverton even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Beaverton Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Beaverton?

Interest rates for hard money loans in Beaverton are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Beaverton, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Beaverton Hard Money Lender?

There are many benefits to working with a Beaverton hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Beaverton Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Beaverton, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Beaverton?

When you want a hard money loan in Beaverton, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Beaverton using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Beaverton Hard Money Loan?

Refinance a Beaverton hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Beaverton hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Oregon: Hard money lender Oregon

Current Real Estate Trends In Beaverton (2024)

The purpose of this report is to provide an analytical and informative overview of the current trends in Beaverton, Oregon’s real estate market. Data used in the analysis is from October 2023 and is meant to present an unbiased evaluation of the housing market in the area.

As of October 2023, the median home price in Beaverton is $542,000, indicating a year-over-year decrease of -1.4%. The median listing price per square foot is reported to be $300, while the median sold price is $520,000.

It is worth noting that homes sold for the asking price on average during this period, suggesting a balanced market between buyers and sellers. However, Beaverton is now in a seller’s market, with a greater demand for homes than there is available supply.

The average days on the market for properties in Beaverton is 36. Overall, these trends point to a slight decrease in median home values and an increase in the median days on the market compared to the last month.

Housing Market Overview

The housing market overview in Beaverton for October 2023 reveals some important trends. The median home price is $542K, which is a 1.4% decrease from the previous year. This indicates a slight downturn in the market. Additionally, Beaverton is currently experiencing a seller’s market, with more buyers than available homes. In this type of market, homes often sell for their asking price and take an average of 36 days to find a buyer. As a result, buyers need to act quickly if they want to secure a property. Understanding the current state of the housing market is crucial for making an informed decision when considering investing in Beaverton real estate.

Investment Potential

Investment potential in the housing market of Beaverton City is affected by numerous elements such as median home prices, market forecasts, and profitability indicators.

The median home cost in Beaverton is presently $542,000, with a year-over-year pattern showing a slight decrease of -1.4%.

The market is thought of balanced for buyers and sellers, with a sale-to-list price ratio of 100% in October 2023.

The average days on the market is 36, demonstrating a great demand for homes in the area.

Moreover, the predicted 1-year increase in home prices is $10,684, implying a positive outlook for investment possibility.

All these factors contribute to the overall appeal of Beaverton’s housing market for potential investors.

Price Predictions

The housing market in Beaverton City looks positive for potential investors, with a projection of a 1-year increase in home prices of $10,684.

The average home value currently stands at $534,974, but there has been a slight drop of 0.9% in the past 12 months.

Market indicators demonstrate a balance between buyers and sellers, with all homes being sold at their asking price on average in October 2023.

Moreover, the current market favors buyers, as there are more buyers than available homes.

The median days on the market have gone up since last month, but decreased in comparison to the previous year.

All of this suggests that investing in Beaverton homes can be a smart move, with good chances of long-term profit growth.


All About Beaverton

Beaverton got its name due to the nearby beaver dams that created a large body of water. It has experienced a significant amount of development over the years, with the establishment of various facilities such as automobile dealerships, movie studios, and airports.

There are also numerous historic sites and districts like the Beaverton Downtown Historic District and the Sisters of St. Mary of Oregon.

Beaverton is a major economic center for Washington County and the world headquarters of Nike, Inc. is located here. This city is popular for its diverse neighborhoods, educational and cultural facilities, and growing population, making it a desirable place to live.

So, let’s explore what Beaverton has to offer!

Early Settlement

The Atfalati tribe and their village, Chakeipi, have a significant role in the history of Beaverton. Chakeipi, which translates to ‘place of the beaver’, was the original residence of the Atfalati tribe. Unfortunately, the settlers mispronounced the tribe’s name as Tualatin and referred to the village as Beaverdam. This mispronunciation eventually led to the city being named Beaverton.

The early settlers of Beaverton, including Lawrence Hall, who built a grist mill, and Thomas Denney, played a huge role in the town’s development. Their efforts and the influence of the Atfalati tribe helped lay the foundation for the city’s identity and heritage.

The arrival of the first settlers in 1847 marked the beginning of Beaverton’s growth. These settlers, along with the Atfalati tribe, were the pioneers responsible for the city’s establishment. They gave the city its historical richness and cultural significance, and their contributions can still be seen today.

Naming of Beaverton

Discover the fascinating story behind how Beaverton got its name. You’ll be amazed at how a tribe’s name led to the creation of this vibrant city.

The area now known as Beaverton was originally home to the Atfalati tribe of the Kalapuya people. This tribe named their village Chakeipi, which roughly translates to ‘place of the beaver.’

Early settlers mispronounced the tribe’s name as Tualatin, and the village was referred to as Beaverdam. The name Beaverton was derived from the large water body created by beaver dams in the nearby area.

Settlers continued to mispronounce the tribe’s name, and this eventually became the city’s name. It’s incredible how a simple mispronunciation led to the unique and memorable name of Beaverton.

Now, let’s explore the historic districts and landmarks that make this city a truly special place.

Historic Districts and Landmarks

Explore Beaverton’s rich history through its vibrant historic districts and iconic landmarks.

The Downtown Historic District boasts the Edward Earl Fisher Building, a structure that dates back to the early 20th century. This district preserves the charm of Beaverton’s past, offering a glimpse into the town’s development.

Another important landmark is the Sisters of St. Mary of Oregon, established in 1886 and playing a vital role in the community.

The Cedar Hills neon sign is a recognizable symbol of Beaverton’s character.

The Beaverton City Library stands as a prominent institution that serves as a hub for knowledge and community engagement, while the city’s seal and logo represent its identity and commitment to preserving its history.

As you explore Beaverton’s historic districts and landmarks, you’ll gain a deeper understanding of the city’s past and the foundations upon which it has flourished.

The history of Beaverton has set the stage for its development and growth in the 20th century. From the Edward Earl Fisher Building to the Sisters of St. Mary of Oregon, the city has a wealth of historic sites to explore.

The Cedar Hills neon sign adds a touch of nostalgia to the cityscape, while the Beaverton City Library serves as an important hub for knowledge and engagement.

The city’s seal and logo not only reflect its identity, but also its dedication to preserving its history.

Discover Beaverton’s past and gain an appreciation for the city’s heritage and growth.

20th Century Development

During the 20th century, Beaverton underwent drastic changes, transforming the city’s current landscape. In 1915, the town became an early center for automobile dealerships when a Ford Motor Company dealership opened up. This spurred an economic surge and created a platform for more expansion.

During the early 1920s, Beaverton also housed Premium Picture Productions, a movie studio that contributed to the town’s culture. In 1925, the city’s first library was opened, demonstrating the value of education.

Beaverton witnessed the development of two airports, Watts Field and Bernards Airport, both of which played a role in connecting the town to the rest of the area. This made transportation easier and helped to further advance Beaverton’s growth. The Washington County Cooperative Library Services provided residents with access to a vast selection of sources and educational opportunities.

As Beaverton continued to progress economically and its infrastructure expanded, it was well equipped for further development in the 21st century. To transition into this new section, the city had an interim plan to make it the second-largest city in Oregon. Beaverton’s attempts to bring in major companies, such as Nike, played a major role in the city’s future.

21st Century Growth

Beaverton has seen a remarkable transformation in the 21st century, bringing forth a range of opportunities.

Over the past two decades, the city has witnessed significant development and expansion.

One factor that contributed to Beaverton’s growth was the resistance by Nike, Inc., the world headquarters located on unincorporated county land, against the city’s annexation attempts. This led to legal battles and lobbying efforts that eventually resulted in Nike announcing plans in 2016 to expand its campus in Beaverton. This expansion not only solidified Nike’s presence in the city but also brought in additional jobs and economic possibilities.

Furthermore, the Oregon State Legislature passed legislation to include more development within Washington County, opening up new areas for residential and commercial development, and attracting businesses and citizens.

To support the increasing population and maintain public safety, Beaverton also built a new Public Safety Center, providing top-notch facilities for emergency services.

In general, Beaverton’s growth in the 21st century has been marked by the expansion of major corporations, the development of new residential and commercial areas, and the improvement of public infrastructure.

The city has embraced these changes, setting itself as a flourishing and vibrant community in the Portland metropolitan area.