Financing Program

Put These Special Credit Opportunities to Work For You

Washington Federal Bank Offers as of October 2016:

All-in-One Construction Remodeling Loan

  • No second loan
  • No dual fees
  • No wasted time or effort

Big remodeling projects can sometimes out-strip your available equity, particularly if your home needs major work. Our All-in-One Construction Remodeling Loan is the answer. We base the loan on the estimated value of your home after improvements.

Mini-Rehab Loan

  • Loans of $100,000 or less
  • Excellent program for homes with medium size remodel projects or deferred maintenance
  • Quick loan processing - this is not a government program
  • Our project developers understand this new program and can help get the process started

Washington Federal has a new financing option that we are quite excited to introduce to our clients. This program is designed for an owner-occupied home in need of improvements of $100,000 or less. The loan amount is based on the home’s anticipated finished value after the repairs and updates are completed.

This is not a government program - it is Washington Federal’s own portfolio loan product. It is lower in cost and faster to approve and fund than the FHA 203K. Because Chermak Construction is a Preferred Builder with Washington Federal the financing process is easier and faster. Now is the time to put these special credit opportunities to work for you. Call and ask us about the “mini rehab loan.”

Contact Information:
Washington Federal Logo
Office: 425-672-6701
Fax: 425-771-4264
Cell: 206-794-6954

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