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Construction Loans

With a One-Step Construction loan, you can roll all of the costs associated with construction, land purchase, and mortgage into one loan.

One-Step Construction loan key features:

  • Ability to lock your rate before construction begins, to avoid rate risk and fluctuations
  • Up to one year to complete construction with locked rate, even if rates go up!
  • One loan approval, one closing, and one appraisal, all before project even begins

Have home financing questions?

Consider building a brand new home!

There are many reasons to consider new construction rather than buying an existing home. No matter if you've already purchased land or are looking for the perfect spot to build, a brand new home can offer a number of benefits, such as choosing your floor plan, design elements, and upgrades that suit your lifestyle. New construction is as move-in ready as it gets, which makes getting settled a breeze.

Every new home project is different, so talking to one of our experts is the perfect way to evaluate your options and learn more.

One-Step Construction Loans

Build a custom home or make a major renovation with HomeStreet Bank's One-Step Construction loan program. With this unique loan, you can roll all of the costs associated with construction, land purchase, and mortgage into one loan. If you've dreamed of designing your home from the ground up, this loan program will help see your project through.

Features of a One-Step Construction loan include:

All loans subject to approval.

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