Easy Financing - Quality Homes built on your lot - Suprema Homes

Financing plans and lenders for your next custom built home

Our Lenders

Call one of our experienced construction loan originators for more information on financing your project.

Ray Woo

NMLS# 518808
(206) 779-8988
[email protected]

Tim Morris

NMLS# 85255
(206) 550‑7984
[email protected]

Chad Yerrington

NMLS# 628464
(360) 583-7596
[email protected]

Carl Paulino

NMLS# 3182
(360) 698-6462
[email protected]

Shawn Lynch

NMLS# 185650

Hannah Trefsgar

NMLS# 2164061
(360) 754-9520
[email protected]
Building a house is a major financial investment, and most people require financing to cover the cost of construction. Financing plans for house construction typically involve a construction loan, which is a short-term loan used to pay for the building process. Once the construction is complete, the loan is usually converted into a traditional mortgage.
There are several types of lenders that offer construction loans, including banks, credit unions, and specialized lenders. When choosing a lender, it’s important to compare the terms, closing costs, appraisal requirements, and interest rates of each option to find the best loan for your situation.
Some lenders may require a down payment of up to 20% of the total construction cost, while others may offer a no-money-down option. Some will include the value of your land at the time of purchase while others will accept a current appraisal. This is important since your loan to value can affect your interest rate.
Another option for financing house construction is a construction-to-permanent loan, which combines the construction loan and mortgage into a single loan with one set of closing costs. This can simplify the financing process and may offer lower interest rates than a separate construction loan and mortgage.
Overall, financing a house construction project requires careful consideration of the available options and lenders. It’s important to choose a financing plan that fits your budget and long-term financial goals. Suprema Homes’ approved lenders are experts in on your lot building and can help you navigate your options to provide the best value for you.

Compare listings