Everett Hard Money Lender

Everett Hard Money Lender

In the Everett 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. Everett 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.

Everett Hard Money Lender FAQ’S

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

What Do Everett Hard Money Lenders Specialize in?

Everett 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 Everett Hard Money Loans?

Everett 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 Everett Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Everett 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 Everett even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Everett Hard money lenders primarily care about the property you are purchasing.

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

Interest rates for hard money loans in Everett 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 Everett, 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 an Everett Hard Money Lender?

There are many benefits to working with an Everett 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 Everett 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 Everett, 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 Everett?

When you want a hard money loan in Everett, 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 Everett 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 an Everett Hard Money Loan?

Refinance an Everett 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 an Everett 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 Washington: Hard money loans in Washington

Current Real Estate Trends In Everett (2024)

In Everett, Washington, the real estate market offers a mixed bag for buyers and sellers. October 2023 saw a median listing home price of $599,000, which represented a year-over-year decrease of -1.4%. Meanwhile, the median home sold price came in at $625,000, with a sale-to-list price ratio indicating homes generally selling near the asking price.

Properties, on average, spent 34 days on the market, suggesting a swift-moving market. Everett can be considered a seller’s market, as demand outstrips the available housing supply. The average home value in the city is $618,504, with a 1-year value change of +1.3%.

In the future, 218 homes are projected to be available for sale, with 103 new listings expected in the next year. The median sale price estimated is $601,667, and the median list price is $624,666. Prices may have decreased slightly, but the market remains steady, and future growth is expected.

Home Prices

Everett’s real estate market has seen a slight downturn in home prices. In October 2023, the median listing home price was $599,000, an annual decrease of -1.4%. This suggests some softening compared to prior years.

The median listing price per square foot is $370. Despite the decline, the market overview points to a balanced market with homes typically selling for the asking price.

Everett is considered a seller’s market due to the high demand for homes and limited inventory. Buyers need to act quickly to secure a property, as homes tend to stay on the market for an average of 34 days.

Market Overview

Based on market data, the median sale price in Everett City was $601,667 in September 2023, whereas the median list price in October 2023 was $624,666. This difference suggests that there is an opportunity to negotiate the cost.

The median sale-to-list price ratio of 1.009 implies that homes in Everett are usually selling near their advertised price, thus creating a balanced market for buyers and sellers.

It is critical to assess the forecast of the Everett real estate market to anticipate potential changes and trends.


In Everett City, the housing market is expected to show growth in home prices over the next 10 years. The average home listing price is predicted to reach $484,668 by 2028, and an even higher figure of $520,434 by 2033. This amounts to a 19.328% increase from the current median listing price of $436,139.

In the short-term, the median listing price is likely to go up to $446,677 within a year, providing a potential profit of +2.42%.

The forecasts are based on past data and trends in Everett’s real estate market, thus suggesting that there won’t be a decrease in prices any time soon.



All About Everett

Welcome to Everett! If you are wondering what this city in Snohomish County, Washington is like, you have come to the right spot. Whether you are a buff of history, a fan of aerospace, or simply searching for a great place to live or visit, Everett has something for everyone.

The city has a lengthy history, going back many years. It was the home of the Snohomish people before Europeans arrived in the late 1700s. Since then, it has turned into a significant industrial center, particularly in the aerospace industry, with Boeing and the U.S. Navy as major employers.

Getting around Everett is hassle-free, with quick access to Interstate 5, public transit services, highways, railways, and an airport.

Let’s explore the interesting history, successful industries, and first-class connectivity that make Everett a remarkable place. Let’s find out what Everett has to provide!

History and Settlement

The history of Everett is filled with captivating stories of the Snohomish people, part of the Coast Salish tribes, European settlers, and the city’s transformation from a lumber center to an aerospace industry hub.

Native Americans had a winter village named ‘hibulb’ in the area for thousands of years before the arrival of Europeans in 1792. In the mid-19th century, the Treaty of Point Elliott in 1855 led to the relocation of the tribes and allowed for European settlement. The first settler arrived in the 1860s, and Everett was officially incorporated in 1893. John D. Rockefeller funded land acquisition and plans for an industrial city.

Everett quickly became a lumber center, with numerous sawmills and a booming industry. After World War II, the city shifted to the aerospace industry, with Boeing and the U.S. Navy becoming the main employers. Industrial development in Everett began with John D. Rockefeller’s plans and funding, which resulted in the transformation of the city into a successful aerospace industry hub.

Industrial Development

Everett has an impressive industrial history, having gone from being a major lumber center to a booming hub of aerospace innovation. During the late 19th century, the area’s plentiful timber drew workers and entrepreneurs from all around. This made it an ideal spot for the lumber industry to thrive.

After WWII, the city changed drastically due to the rise of the aerospace industry. Boeing and other companies launched manufacturing facilities in Everett, bringing new jobs and economic advantages.

Today, Everett boasts one of the largest aerospace assembly plants on the planet, where commercial planes are manufactured and tested. The aerospace sector remains a powerful force in the local economy, luring in knowledgeable professionals and helping the city advance and grow.

Everett’s transportation and connectivity played an important role in its evolution as a prosperous city. Its convenient location and access to many transportation options have made it a desirable place to live and work. This has allowed the city to attract more people and businesses, further boosting its economy.

Transportation and Connectivity

Experience the convenient transportation choices and effortless connectivity that make getting around Everett a cinch! Whether you’re commuting to Seattle or checking out the local area, Everett has a variety of transportation options to fit your needs.

Interstate 5 links Everett to Seattle, making it straightforward to travel between the two cities by car. For those who prefer public transportation, Everett Station is your hub. Here, you can take the Sounder commuter train, Amtrak, or commuter buses to get to your destination.

To further enhance connectivity, Everett has built a network of highway bridges and interurban railways since the 1920s. These transportation infrastructures make it easy to travel within the city and to nearby areas. Also, the airport at Paine Field, established in 1936, provides air travel options for both domestic and international flights.

Everett is more than just a major employment center for Snohomish County. It is also a busy bedroom community for Seattle. It is home to the biggest employers in the area, such as Boeing and the U.S. Navy. Everett additionally hosts a number of annual festivals and is known for its minor league sports teams. With its various transportation options and booming economy, Everett has become a city that effortlessly bridges people and opportunities.

Economic Importance

Immerse yourself in the vibrant economic landscape of Everett and witness the thriving industries that provide opportunities and prosperity. As a major employment center for Snohomish County, Everett plays a huge role in the region’s economic development. It acts as a bedroom community for Seattle, offering a wide range of job opportunities to local residents. Two major employers, Boeing and the U.S. Navy, serve as the economic backbone of the city, providing employment to a large number of locals. Apart from these, Everett is also home to a variety of businesses, adding to its economic diversity and stability.

Everett offers more than just a strong industrial base. The city is also known for its active community life. Yearly festivals are held that attract visitors from near and far, helping the local economy with tourism. Sports fans have plenty to enjoy too, as the city has its own minor league sports teams.

Everett is an ideal place for growth and development with its strong economic landscape and numerous industries. It is also important to remember the city’s early history and the indigenous people who once called it home.

Early History and Indigenous People

The history of Everett and its indigenous people is filled with intriguing stories and abundant cultural heritage. For thousands of years, the Coast Salish tribes, especially the Snohomish people, lived in the region now known as Everett. The Snohomish people had a winter village named ‘hibulb’ and gained sustenance from the abundant resources of the land and sea.

European explorers came to the area in 1792, when Puget Sound was investigated by the Hudson’s Bay Company and the United States Exploring Expedition. The Treaty of Point Elliott in 1855 caused the indigenous tribes to be relocated from their ancestral lands.

Settlement of Everett started in the 1860s when the first permanent settler arrived. In 1890, plans for a settlement were created, and an industrial city was designed on Port Gardner Bay. The city was named after Everett Colby, the son of one of the founders of the Everett Land Company.

Businesses and infrastructure of Everett were established in the early 1890s with the opening of a post office, school, saloon, church, and sawmill. The Riverside area developed along Hewitt Avenue, and a citizens committee was formed to solve local problems.

Incorporation of Everett as a city was accepted by the citizens in 1893, and Thomas Dwyer was elected as the first mayor. The city boundaries were set by the Everett Land Company, but were later adjusted to include industrial areas.

In general, the early history of Everett and its indigenous people played a major role in forming the city’s growth and cultural identity.