Business Details
39 Years
experience
Your Trusted Partner for Hard Money Real Estate Loans
Mortgage Equities, Inc. has been a trusted non-bank lender since 1987, specializing in commercial real estate financing solutions. Our team brings over 75 years of combined experience in real estate finance and investments, prioritizing speed, simplicity, and client satisfaction. Unlike traditional lenders constrained by regulatory environments, we operate with flexibility, avoiding unnecessary documentation to deliver efficient service. We focus on building partnerships with borrowers, ensuring successful outcomes through tailored loan structures. Our expertise spans acquisition financing, land development, construction projects, and bridge loans for unique properties.We serve Washington, Oregon, and Idaho from our Gig Harbor headquarters, maintaining a commitment to professionalism and integrity. Our founders, Sanford Lindstrom and Ronald Ralph, bring decades of financial services experience, including senior roles in banking and insurance. We pride ourselves on transparent communication, rapid decision-making, and repeat client relationships. Our loan approval process typically avoids appraisals, enabling faster funding for time-sensitive opportunities. Every transaction reflects our core values of reliability, efficiency, and client-centric service delivery.
Services
Bridge Loans
Construction Loans
Fix & Flip Financing
Land Development
Commercial Properties
Details
- Year established: 1987
Highlights and features
- We offer 30+ years of experience in real estate finance with personalized loan structuring
- Our process typically avoids appraisal requirements for faster funding
- We provide flexible terms for bridge loans up to 3 years
- Our team includes former banking executives with specialized underwriting expertise
- We maintain ALTA Extended Title Coverage for enhanced transaction security
What people say
Quick closings
Competitive rates
Expedient service
Transparent process
Repeat clients
Services
Bridge Loans
Our bridge loans provide temporary financing for real estate investors needing quick capital access. With loan amounts ranging from $75,000 to $3,000,000 and terms up to 3 years, we help clients meet urgent funding needs without traditional bank requirements. Our interest-only payments and flexible maturity options make these loans ideal for property transitions and development projects.
Construction Loans
We offer construction loans for residential and commercial development projects with loan-to-value ratios up to 80% of costs. Our financing covers spec homes, apartment complexes, and light industrial properties with terms from 12-18 months. Borrowers benefit from streamlined draw processes and experienced underwriting teams familiar with modern construction challenges.
Note Purchases
Our note purchase program allows property sellers to convert owner-financed mortgages into immediate cash. We buy full or partial notes secured by residential and commercial properties across the western United States, offering flexible payment structures and competitive pricing based on loan terms and collateral value.
Fix & Flip Financing
We provide specialized financing for real estate investors purchasing properties needing renovation. Our loans cover up to 65% of finished value with terms up to 18 months, supporting both acquisition and improvement costs. This program serves individual investors and professional rehab teams across multiple property types.
Land Development Loans
Our land development loans support subdivision projects and raw land improvements with flexible terms and competitive rates. We finance both residential and commercial land developments, offering tailored solutions for builders and investors seeking to maximize property value through strategic improvements.
People
Sanford J. Lindstrom
Senior Loan Officer
With over 35 years in financial services, Sanford brings extensive underwriting expertise from his roles as former Senior Officer at a local savings bank and Chief Investment Officer of an insurance company. He holds degrees in economics and business administration from the University of Washington.
Ronald L. Ralph
Certified Financial Planner
Ronald has provided real estate financing solutions for 45 years, combining his Boston University business education with Certified Financial Planner credentials. His expertise in complex loan structures and client relationship management has driven company growth since its founding.
April E. Lindstrom
Operations Supervisor
April manages loan servicing operations with over five years of experience in investor relations. A Western Washington University graduate with honors in finance, she previously supervised land-based tour operations for a major cruise line, bringing exceptional organizational skills to our team.
Questions
What loan programs do you offer?
We specialize in bridge loans, construction financing, fix & flip loans, and note purchases for real estate investors.
How quickly can you fund a loan?
Typical approvals within 48 hours and funding within 5-7 business days for qualified borrowers.
Do you require property appraisals?
Most transactions do not require formal appraisals to expedite the lending process.
What collateral do you accept?
We accept first lien positions on rental properties, commercial buildings, land developments, and investment properties.
Can I sell part of my mortgage note?
Yes, we offer partial note purchases that provide immediate cash while retaining future payment rights.
What lending areas do you cover?
We operate throughout Washington, Oregon, Idaho, and the western United States.
Reviews (1)
Dick Todhunter
Jul 25, 2017
Report
My mortgage company has provided home owners with thousands of mortgages, have seen lenders come and go. I know from whence I speak. I have also known and worked with, Ron Ralph since 1978 and have seen his business grow based on knowledge, product mix, experience, professionalism and integrity. Recently I had the opportunity to refer a friend to Mortgage Equities regarding a major 98 home builder lot project. I would recommend that anyone in need of project funding (hard money) to check out their website and give them a call. Easy conversation and NO BS!
