Washington lenders and investors work with deeds of trust that are foreclosed non-judicially under RCW chapter 61.24. The statute sets a notice of sale at least 90 days before the sale, and generally bars a deficiency judgment after a trustee's sale, with a limited commercial loan exception. For rehab and construction work, the state's lien law sets a recording deadline for claims of lien, and the Military Department notes the coast's history of very large earthquakes.
World's Fair Capital makes business purpose loans to real estate investors in Washington: fix and flip, DSCR rental, bridge and ground-up construction. This page covers points that most often matter to an investor there, each checked against the statute or agency that publishes it. It is general information, not legal or tax advice, and terms for any loan are set at underwriting.
Prepared by the WFC editorial team. Facts checked against the cited sources, last reviewed 2026-10-11.
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How a Washington loan works with us
- 1Start your application
Fill out a short application in our secure portal.
- 2Review the term sheet
We prepare a term sheet for you to review and e-sign.
- 3Underwriting
Our team works the file and sends a clear document checklist.
- 4Closing
We close and fund through the title or closing agent.
What investors should know about Washington
Non-judicial foreclosure timing
Washington deeds of trust are foreclosed under RCW chapter 61.24. The statute requires the notice of sale to be given well ahead of the sale date, with a longer period if a related letter is required.
Source: RCW 61.24.040, checked 2026-10-11
Deed of trust treated like a mortgage
In Washington the deed of trust is the security instrument covered by the trustee's sale chapter. The statute says it is generally subject to the laws that apply to mortgages on real property.
Source: RCW 61.24.020, checked 2026-10-11
Deficiency after a trustee's sale
RCW 61.24.100 generally bars a deficiency judgment on obligations secured by a deed of trust after a trustee's sale, with a limited exception for deeds of trust securing commercial loans.
Source: RCW 61.24.100, checked 2026-10-11
Claim of lien deadline for draws
For construction projects, Washington sets a deadline for recording a claim of lien that runs from when a person stops furnishing labor or materials. This matters when reviewing draw schedules.
Source: RCW 60.04.091, checked 2026-10-11
Earthquake exposure on the coast
The Washington Military Department's earthquake page notes that geologic evidence documents very large past earthquakes along the outer coast, so seismic risk is a property-level consideration.
Source: Washington Military Department, Earthquakes, checked 2026-10-11
General information, not legal or tax advice. Confirm details with your own counsel or title agent.
For brokers
Placing a deal in Washington?
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Your compensation is written into the Letter of Intent your client reviews and e-signs, before underwriting begins.
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Questions on a Washington deal? Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST).
What to send for a first look
- Property address and type
- Purchase price, or current value on a refinance
- Loan amount requested and what it is for
- Rehab or construction budget, if any
- Current or expected rent on a rental
- The borrower's experience and estimated credit score
- Your timeline to close
Loan programs for Washington investors
- Hard Money Loans
- Fix & Flip Loans
- Rental / DSCR Loans
- Ground-Up Construction Loans
- Commercial Bridge Loans
- Multifamily Bridge Loans
- Small Balance Commercial Loans
- Foreign National Loans
- FlexCap Business Bridge Loans
Program availability varies by property and borrower. Business purpose loans only.
Have a deal in Washington?
Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST) or start online.
Nothing on this website constitutes a commitment, approval, or guarantee of financing.
Rates, fees, terms, timelines, and program descriptions are subject to change without notice.
Any investor-related or capital discussion is not an offer to sell, a solicitation to buy, or a recommendation of any security or investment product.