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The Bank of Washington is a Member FDIC and an Equal Housing Lender. |
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Real Estate Services - Builder / Developer Banking
Recognizing that The Bank of Washington branches are strategically located in one of the country's most vibrant business markets, the bank has established the division to serve the builder and developer. The division is being headed by Senior Vice President Kevin Nooney, a banker well known to the building industry, with more than 20 years experience in the field. We are also fortunate to have the expertise of Michael Echelbarger as a member of the bank's Board of Directors. He is one of the most experienced and knowledgeable members of the property development community with years and years of activity in south Snohomish County as well as the region served by our bank.
Kevin and Mike provide the background and market trends so vital to builders who rely on the bank for financing support.
Our bank offers the builder-developer the opportunity for term loans in the purchase or refinancing of existing commercial real estate.
To Open a New Account, Please Contact Your Local Branch.
Residential Construction Loans
Spec Construction
We invite the qualified builder or developer considering their next project to call the commercial lender located at any one of our six branches and we'll talk about the financing of their "spec" projects planned within the bank's market area.
Custom Construction
We invite the builder or developer to direct their customer to our bank for financing their customer's custom home project.
Commercial Real Estate Construction Loans
Owner-Occupied Property
We have financing products available for the customer who plans to build, own and occupy all or part of a commercial building within our market area.
Income/Investment Property
We offer financing products for the "spec" or pre-leased building for a specific tenant when the property is designed as an income-generating investment.
Acquisition and Development Loans
Land acquisition
We offer competitive rates for financing the purchase of either commercially or residentially zoned property designed for development.
Lot Development -- Commercial and Residential
Upon acquisition of land for development, we provide financing for the subdivision of both commercially or residentially zoned sites.
Pick up the phone today and give a call to the branch close to you...
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