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Construction Loan
Definition

A construction loan is divided into draws for each phase of the construction process. The goal is to make progress payments from the construction loan funds to the contractor as work is completed. For example, building the framework and building the roof may be done with the funds from different draws. This is done to mitigate some of the risk. Our construction loans are serviced in-house, making it easy for timely draw requests and complete transparency on the status of the project.

We have found that both of these financial institutions make the construction loan process easy for the customer as well as us, the contractor. For more information or to see the promotions each institution has to offer please use the contact service provided below.

Financing Questions?

A Spokane native, Scott has dedicated 28 years to the success of homeowners in his community. Expert in the full range of loans, he specializes in new construction. Scott has a reputation for integrity and can get loans structured and closed when other lenders can’t. He’s standing by to help you finance your future with the best solutions for your goals. Learn more on his website: www.scottserves.com .
Scott Fuller's Photo Scott Fuller
Home Loan Officer, NMLS: 102381
509-842-9560 ScottFuller@UmpquaBank.com
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For your security, please do not enter any private information including, but not limited to: account numbers, social security numbers, date of birth, driver's license numbers, etc.
Brandon Hieb, a dedicated Senior Home Loan Officer with STCU, brings over 20 years of invaluable experience in the mortgage industry. Born and raised in Spokane, Brandon has deep roots in the community and understands the local real estate landscape. With a passion for helping clients finance their dream home, Brandon has become a trusted partner for builders and homebuyers alike. Whether you're embarking on your first build or expanding your real estate portfolio, Brandon's attention to detail and tailored solutions ensure a seamless lending experience. Partner with Brandon Hieb and STCU to turn your vision of a dream home into a reality. Visit stcu.org/brandonh and click “Apply Now” to begin your loan application.
Brandon Hieb's Photo Brandon Hieb with STCU
Senior Loan Officer, NMLS# 1997256
509-879-5682 brandonh@stcu.org
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For your security, please do not enter any private information including, but not limited to: account numbers, social security numbers, date of birth, driver's license numbers, etc.
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