Learn More About Washington Capital Partners
Read the latest from our Blog, browse our FAQs, and check out some of our AMAZING Results!
The Latest From Our Blog
A complete breakdown including: what to prep, what to look for, and how to follow-up when Driving for Dollars: What to do Before: Do some digging to find out where other investors are flipping and what areas are trending. Decide what neighborhood you want to focus on,...read more
In this week's Minute Monday, Sales Associate, Joska Gal will take you through the hard money loan documents you should have prepared to make closing fast and easy. Information and Documents Needed: Signed Term Sheet Commitment Fee Payment Our commitment fee varies...read more
Driving for dollars is a fun way to get familiar with an area, make connections with locals, and most importantly find investment properties. Here’s a short Q & A with our Sales Director, Jared to get you familiar with how DFD works: Q: What is Driving for...read more
Sales Executive, Andrew Michael discusses 4 Red Flags to watch out for when hiring a contractor: To kick things off, you should check the contractor's online reviews. If they have mainly negative reviews or have no reviews at all, it’s typically better not to take a...read more
We’ve all heard the phrase, “it’s not what you know, it’s who you know” Lucky for you, Washington Capital Partners hosts a monthly Meetup where you can receive both new connections and investing knowledge. Since 2007, the CAZA Investor Network has made it easier for...read more
This week, Sales Executives Kevin and Gunnar are here to talk about one of the many questions they get from realtors: Why should I pursue investor clients? Reason #1: You'll do more transactions with an investor. A traditional home buyer might buy a house every couple...read more
Frequently Asked Questions
Here are some common questions that we hear from potential clients.
If you can’t find what you are looking for, don’t hesitate to give us a call or initiate a chat!
How fast can you close loans?
24-48 hours after the title is clear – this depends on how quickly we receive the required documents from the borrower. Filling out an application for a pre-qualification ahead of time speeds up the process significantly.
How can I get a loan breakdown?
All we need is the address, offer/contract price, estimated construction costs, and estimated After-Repair Value of a property. With this information we can underwrite the deal and give you a loan breakdown with rates in 20-30 minutes.
What is WCP's interest rate?
Interest rates depend on every unique situation. A typical loan rate for WCP is 10-12% annualized (paid monthly).
What forms of payment does WCP accept?
We accept bank wire, ACH (Automated Clearing House), auto-debit, and checks. We do not accept payment via credit card.
How fast can I get a construction draw?
On average, WCP can have the money in your account in 3 business days.
Where does WCP lend?
We are headquartered in Falls Church, VA and we lend locally in VA, DC, and MD.
Does WCP charge prepayment penalties?
No, WCP does not assess prepayment penalties. Our clients are more than welcome to pay off their loan before it reaches its maturity.
Can you partner with WCP?
WCP is always open to referrals if you have clients, friends, or family that need financing for a project.
Check out some of our AMAZING Results!