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What are construction loans?

Construction loans in Washington are options for people looking to build a new home or renovate an existing property. JD MORTGAGE® connects you with lenders who offer terms tailored to help you build a new home or renovate an existing property in Washington.

How do I qualify for a construction loan in Washington?

To qualify for a construction loan in Washington, borrowers will generally need to have a strong credit history and a sizable down payment. Lenders may also require detailed plans and cost estimates for the construction project as well as proof of income and other financial information.

Is US Bank a good lender for construction loans?

US Bank is a good lender for construction loans for those borrowing for a primary residence or a second home. They cannot handle owner-builder construction loans, investment property, or manufactured homes.

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