Tacoma, Washington
Hard Money Lenders

Get Funded!

Mark Kopcho

Loan Consultant

(425) 260-5275
m.kopcho@novellecapital.com

If you're in the market for real estate financing, he is there for you. With over 30 years of experience as a real estate appraiser and a licensed real estate broker, he is your go-to professional for all your property financing needs. He's not just another loan originator – he's your partner in every real estate venture.


His journey in the real estate world began over three decades ago, as a real estate appraiser. He's witnessed the ever-evolving landscape of property valuation and has the insider knowledge to ensure your investment is as solid as the foundations he's appraised. With his extensive experience, he brings an unmatched level of insight to the table.


In addition to his appraisal expertise, he holds a real estate broker's license. This dual qualification enables him to understand your needs from both sides of the real estate transaction, providing you with a comprehensive perspective that is invaluable in your decision-making process.


He's not just a loan originator; he's a business owner, too. As the proud owner of a real estate appraisal company, he understands the intricacies of property valuation and how to make your investments work in your favor. You can trust that he will help you make the right financial decisions.


When he's not helping clients navigate the world of real estate, you'll find him seeking adventure in the great outdoors. Whether he's hiking through majestic mountains or carving down slopes on skis, he thrives on the thrill of exploration. Paddleboarding and biking are two more passions he indulges in during his downtime.


He's here for you, not just as a loan originator but as a partner who is dedicated to your real estate success. His unwavering commitment to being customer-focused means that your goals are his goals. Let's make your real estate dreams a reality, one property at a time.

Contact Us

Fix & Flip

Rates from 9.99%
Single Family & Multi-Family
Up to 100% of Rehab
Same Day Pre-Approval
Close in 7-10 Days

 Construction

Rates from 8.99%
Single Family & Multi-Family
Up to 100% of Build Cost
Easy Draw Process
Close in 10-20 Days

Rental 

Rates from 5.49%
5, 7, 10, & 30 Year Terms
LTV up to 80%
No Income/ 580+ Fico
Close in 7-10 Days

Bridge Loans

Rates from 9.99%
Single Family
80% LTV 
Full, Lite or No Doc, Non-Recourse
Close in 7-10 Days

Short-Term Rental 

Rates from 6.50%
Up To 75% LTV
Up to 70% LTV Cash-out Refinance
1.5+ DSCR
5, 10, 30-Year Options
Learn More

Multifamily

Rates from 9.99%+
Up to 80% LTV
24-36 Month Interest Only Terms
Low in-place DSCR 
Close in 7-15 days

Tacoma, WA

Tacoma, Washington, stands as a focal point in the real estate landscape, offering a dynamic yet fiercely competitive market for investors eyeing potential opportunities in property investment. Understanding the market trends and financial dynamics is pivotal for those considering real estate endeavors in this vibrant city.


As of October 2023, Tacoma's housing market reflects intriguing trends. The median sale price of homes in Tacoma experienced a 6.1% decrease from the previous year, settling at $430,000. Homes here boast a swift turnover rate, spending an average of just 17 days on the market, a slight decrease from the 19 days observed last year. Despite this decline in home prices, the market remains active, with homes typically receiving around two offers.


However, there has been a 15.7% decline in the number of homes sold in October compared to the previous year, with 210 homes sold this year as opposed to 249 last year. Despite this decrease, Tacoma's real estate market retains its competitive edge.


Understanding the financial landscape is crucial for real estate investors. Tacoma's cost of living stands notably higher than the national average, approximately 23% above it. Housing expenses in Tacoma are particularly striking, sitting at 37% higher than the national average. However, utility prices are slightly lower, approximately 1% below the national average. Transportation costs, encompassing bus fares and gas prices, are significantly higher at 17% above the national average.


For investors navigating Tacoma's real estate market, comprehending financing options tailored to these market dynamics is pivotal. With a median home price of $616,849 and a median rent of $1,876 per month, Tacoma offers both investment potential and housing options for residents.


Migration patterns offer insights into Tacoma's real estate landscape. From August '23 to October '23, 18% of homebuyers in Tacoma were searching for properties outside the city, while the remaining 82% preferred to remain within the metropolitan area.


In terms of incoming migration, a small percentage—4%—of homebuyers sought to move into Tacoma from outside metros. Among these inquiries, Louisville emerged as the leading source of interest in relocating to Tacoma, followed by San Francisco and Los Angeles.


Conversely, 82% of homebuyers in Tacoma expressed interest in staying within the metropolitan area. Among those leaving Tacoma, Spokane emerged as the most favored destination, attracting homebuyers, followed by Phoenix and Wenatchee.


In summary, Tacoma's real estate market presents a blend of trends for prospective investors. Despite a decrease in median home prices, the swift turnover rate and market competitiveness offer opportunities for those seeking to invest or reside in this bustling city.


Investors aiming to capitalize on Tacoma's real estate trends should conduct thorough market analysis and potentially seek advice from local real estate experts. By navigating the city's higher-than-average cost of living and exploring tailored financing solutions, investors can position themselves strategically within the evolving and competitive Tacoma real estate landscape.

Private Lending and Hard Money Loans in Tacoma, WA with Novelle Capital

Private money and hard money loans stand as formidable pillars in the realm of real estate financing, providing investors with alternative avenues to secure funding for their ventures. In the ever-evolving landscape of real estate investing, these terms often intermingle, yet they distinctly serve diverse needs and possess unique attributes.

Let’s delve into the essence of private money and hard money loans. Private money loans, often referred to as private lending or loans from private mortgage lenders, epitomize a financing method where individuals or private entities extend capital to borrowers for real estate investments. This mode of lending operates outside traditional financial institutions, fostering flexibility and speed in securing funds. Such loans typically originate from private investors, family members, or acquaintances seeking higher returns compared to conventional investment vehicles.

On the other hand, hard money loans embody a specific subset within the private lending sphere, characterized by their asset-based nature and swiftness in processing. These loans prioritize collateral (such as real estate assets) as the primary factor for approval, minimizing emphasis on the borrower’s credit history or financial status. Hard money loans cater to individuals or entities seeking immediate capital, often to rehabilitate or purchase properties with short turn-around times. They serve as a viable option for real estate investors navigating time-sensitive opportunities or those unable to secure financing through traditional channels due to credit limitations.

Novelle Capital emerges as a trusted beacon within the domain of hard money loans in Tacoma, Washington. Our commitment to facilitating secured investments in real estate sets us apart as a reliable and transparent lender. We understand the intricate needs of real estate investors and offer tailored solutions to ensure a seamless borrowing experience. Our expertise in evaluating property value and mitigating risks allows us to expedite the loan approval process, enabling investors to capitalize swiftly on lucrative opportunities.

At Novelle Capital, we pride ourselves on our agility and personalized approach to lending. Our team comprehensively assesses each project, leveraging our expertise to deliver competitive terms and rates. Whether you’re a seasoned investor or venturing into real estate for the first time, our dedication to transparent communication and reliable funding positions us as the ideal partner for your investment endeavors.

As a trusted lender specializing in hard money loans, we extend beyond merely providing funds. We act as strategic partners, fostering relationships built on trust, reliability, and mutual success. Our commitment to serving the real estate community in Tacoma, Washington, goes beyond financial transactions; we strive to empower investors by providing the necessary resources and support to thrive in their ventures.

In conclusion, private money and hard money loans represent instrumental avenues for real estate investors seeking alternative financing solutions. Novelle Capital stands as a beacon of trust and reliability in the realm of hard money lending, offering tailored and expedited funding options to navigate the dynamic landscape of real estate investments. Partner with us to unlock the potential of your investments and experience the difference a trusted lender can make in your journey toward real estate success.

Benefits of Private and Hard Money Lending in Tacoma:


Speed and Accessibility: In Tacoma, Washington, private and hard money lenders prioritize swift approval processes and rapid funding, crucial for seizing time-sensitive real estate opportunities in this vibrant market.

Tailored Loan Terms: Tacoma's private lenders excel in offering flexible loan terms. Borrowers have the freedom to negotiate interest rates, repayment schedules, and other specifics, crafting financing arrangements that precisely match their unique needs.


Collateral-Centric Approval: Hard money lenders in Tacoma prioritize property value and potential, enabling borrowers facing credit challenges or unconventional projects to secure financing based on collateral. This approach broadens accessibility for diverse borrower profiles.


Inclusive Borrowing: Tacoma's private and hard money lending caters to a broad spectrum of borrowers, ranging from real estate investors to small businesses and individuals with distinct financial requirements. This inclusivity makes these lending options versatile for various projects and scenarios.


Fueling Real Estate Ventures: Tacoma's thriving real estate market attracts investors seeking growth opportunities. Private and hard money lending serves as pivotal support, providing the essential capital for property acquisitions, renovations, and expansions.


Understanding Tacoma's Market Dynamics: Engaging in private and hard money lending in Tacoma involves comprehending local market intricacies and leveraging the advantages these financing options offer. Whether you're an investor in need of swift capital or have unique financial needs, exploring the accessibility and flexibility of these lending avenues strategically aligns with Tacoma's vibrant real estate landscape. Collaborating with reputable local lenders and staying informed about market trends maximizes these advantages, driving successful and lucrative real estate ventures in Tacoma.