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Personal Banking, Home Loans & Business Banking and Loans

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Builder Workflows

See how HomeStreet's lending workflows help your and your customers throughout the loan approval and underwriting processes.

How We Help:

  • Streamlined application process
  • Efficient turn times
  • Great communication
  • Over 95 years of experience working with builders and buyers

Our Builder Workflow Process

Financing can be one of the biggest influences on your buyers’ decision to purchase. Finding a lender who understands your buyers’ concerns, knows the new home sales process, and offers programs and services specific to new home sales is rare.

HomeStreet is one of the top new home lenders in the Western United States, serving customers in Washington, Oregon, California, Hawaii, Idaho, Utah, and Arizona. We have been working with builders for over 95 years, and have hundreds of experienced sales professionals who can bring you a wealth of ideas and solutions to create sales.

Make Sense Underwriting

HomeStreet’s underwriting follows Fannie Mae’s automated decision program.

Credit Approvals

Reduce the uncertainty around approval letters. With HomeStreet, your Loan Officer has the option to send your borrowers through the full underwriting process. Qualified buyers will receive a borrower approval with all conditions before you accept their offer.

New Home Appraisers

We use appraisers who are experienced with new construction in each market. Quick turn times and great communication are part of the process.

Age of Credit Documents

At HomeStreet, credit documents for new construction purchases are good for 120 days on all Fannie and Jumbo programs and 180 days on all government programs, reducing the burden on buyers to provide duplicate documentation prior to closing.

Loan Documents out Prior to Final CO and 442

Documents are out early to escrow so clients can sign and conduct their walk through without being rushed. The final CO and appraisal (442) are moved to funding conditions.

Limited Escrow Holdback

We only hold back 100% of cost for weather and non-occupancy related items that will be completed after closing (on Fannie Mae and Freddie Mac loans only).

Limited Credit Overlays

HomeStreet’s credit overlays are minimal compared to most lenders, resulting in faster approvals and more lending options for your buyers.

Want to learn more about our builder mortgage services?


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