Alert Icon HomeStreet Bank branches are OPEN with restricted hours and access. Learn More

Personal Banking, Home Loans & Business Banking and Loans

New Home Loan Programs | HomeStreet Bank

New Home Loan Programs

From extended locks to condo financing prior to pre-sale, we offer a number of builder-focused benefits as part of our new home loan programs.

Main Benefits:

  • Interest rate protection for both you and your customer while the home is being built
  • Financing promotions that will give you an advantage in the market

New Home Loan Programs

Financing can be one of the biggest influences on your buyers’ decision to purchase. Finding a lender who understands your buyers’ concerns, 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. 

Extended Locks

No-cost extended locks, up to 360 days, with a free float down option within 60 days of closing. This includes all Fannie Mae, Freddie Mac, FHA, VA, USDA, and Portfolio programs. 

Spec Mover

We give our builders the ability to lock current interest rates on unsold homes without a buyer in place! We can lock up to $2mm for up to 90 days at no cost. The lock protects the builder and buyer from changing interest rates and allows the sales team to promote rates that can be honored. The locks are transferable to your other homes and neighborhoods. This is an excellent product that creates buyer urgency and, when paired with concessions, can create below-market interest rates. 

Condo Financing Prior to Pre-Sale

We offer the ability to close loans prior to agency pre-sale guidelines on new condominiums for buyers who put 20% down.

Interest Abatement

Allows the seller to pay in advance up to 6 months of interest on the buyer’s loan. Buyer only pays the principle on the home loan (FHA/VA loans).

Temporary and Permanent Buy Downs

Fixed conventional, FHA, and VA. Temporary buy downs create low payment options and promotions.


Interested in new home loan programs?


You Are Leaving HomeStreet Bank

By choosing “click here to continue” you will be taken to a web site that is not affiliated with HomeStreet Bank and may offer a different privacy policy and level of security. HomeStreet is not responsible for and does not endorse, monitor or guarantee content, availability, viewpoints, products or services that are offered or expressed on other web sites. Furthermore, products offered on other web sites may not be FDIC insured. Thank you.

You are leaving our secured site to send an email. Please be aware this email is not a secure method of communication. Do not use email to send us confidential or sensitive information such as passwords, account numbers or social security numbers. If you need to provide this type of information, use our secure “Contact Us” form or by phone or fax for other secure options.

Return to HomeStreet Bank Click here to continue