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Custom Construction

At HomeStreet we are experts in new home construction and renovation financing. Whether you are building someone’s dream home, vacation home, or remodeling an existing home, we can help your buyer’s dreams become reality. HomeStreet’s custom construction loans are used to finance a combination of home construction and purchase.

To learn more about our builder mortgage services, contact Anthony Grasst, VP Builder Division at 206-245-3656 (Direct) or Anthony.Grasst@homestreet.com

Buyer Benefits

 Your clients will lock their rate before construction starts and avoid interest rate risk
 Choose from fixed rate or adjustable rate programs 
•   Financing available for up to 90% of the cost to build
•   Lot purchase may be included in loan and paid at closing
•   Only one set of closing costs 
•   Interest-only payments during construction period

Builder Benefits

 Eliminate the financial risk and cost associated with spec construction loans
•   Receive your profit while the home is being built, not at the end
•   A simple draw process that is straightforward for both you and your buyer
•   We make sure all monies needed are in place before you even start work