Construction Loans

When it comes to construction financing, our construction loan programs are widely regarded as the best-of-kind in the industry. You have the confidence of knowing that our programs have been tried and tested by thousands of satisfied home builders in communities throughout Washington for half a century.

Photo of part of a home undergoing construction.

Buy, Build, Remodel with a Construction Loan from Timberland Bank

Time and time again, experienced builders prefer Timberland Bank's construction loan programs for a number of reasons:

  • Competitive loan to value ratios

  • Knowledgeable, local lenders who are proficient in the details of construction lending

  • Flexible construction terms

  • Resources along the way to help you manage your construction budget

  • Disbursements available by our voucher system to all sub-contractors and suppliers

  • Increased convenience with Online Inspection Requests

  • Local loan servicing provided by the people you know and trust

Custom Home Loans

Owner-Builders Welcome!

Timberland Bank welcomes those who wish to take advantage of our Owner-Builder program. As an owner-builder, you will actively manage your home construction project with the guidance of an experienced and local lender.

Flexible Solutions for Your New Home

Whether you choose to build your own home or hire a contractor, you can depend on our professional lenders to guide you every step of the way— from purchasing land to completing work on your new home.

With our flexible financing options and knowledgeable lenders, you are assured that your construction financing is done correctly. Your lender will work with you to determine the best financing option for your circumstances.

We offer a 2-step construction loan that provides financing exceeding 80% loan-to-value as well as an all-in-one option. You pay interest only during the construction phase as funds are used. The construction term is 12 months. Your loan officer will assist you with converting to permanent financing.