True Built Home Lenders

About The Construction Lending Process

List of True Built Lenders

Looking for the right lender for your situation can be a confusing and daunting process. At True Built Home, we want to make this process as convenient and effortless as we can. Please find a list of our preferred lenders below who can help you with the loan process.

Tacoma and Western Washington

Below are lenders available to help our clients on the west side of the mountains.

Umpqua Bank:

Terry S. Pemberton

Home Lending Officer NMLS ID 185396
Direct: 360-280-4208 / Fax: 888-977-9408
Terry can serve all of True Built Home’s locations and branches.

Why choose Umpqua Bank and Terry Pemberton?
Terry S. Pemberton has been doing these loans so long he can do them in his sleep. He can also do them state wide and via email. Umpqua Bank now has 2 Construction Loan Options:

  1. 10/1 Arm Construction Loan. Rate is fixed for 10 years.
    (Can be refinanced after construction to a 30 fixed at Low or no cost to you)

    • 10% minimum down payment with a 700 credit score. Lower score down to 680 ok with larger down payment. (If you already own the land you may not be required to make a cash down payment depending on your appraised value and equity.)
    • 12 month construction time.
    • Only Septic design approval required before closing.
  2. 30 Fixed Rate Construction Loan
    • 10% minimum down payment with a 680 credit score assuming you do not already own the land. (If you already own the land you may not be required to make a cash down payment depending on your appraised value and equity.)
    • Building Permit approval required before closing.
    • 9 Month build time.

Knowing the Process: Here are the steps.

  1. Obtain credit approval. (Click HERE to get Approved) Once you complete the application it will upload to me and I can quickly pre-qualify you for free and update you on the result. Next I will send you a list of financial information needed for processing the file.
  2. Secure the land if not already owned.
  3. Sign the building contract with the builder and obtain all extra owner item cost quotes.
  4. The Bank then orders an appraisal and once it’s completed the loan is submitted for final approval to close.

General Guidelines:

  • The interest rate depends on your credit score and loan to value ratio but generally the rate is about ½% above 30 year fixed rates.
  • ONE TIME CLOSE: Our loans are both the construction and permanent loans all wrapped into one closing including the cost of the land, house, permits and all other construction related items.
  • During the construction phase you will pay interest only on the funds drawn until the home is complete and you have an occupancy permit.

Washington Federal:

Joni Cross
VP & Branch Manager
15610 Meridian Ave East
Puyallup, WA 98375
Office: 253-840-3493 / Email:

Why choose WaFed? Washington Federal has been in business since 1917, has a strong community presence and also does loans across the state and many state boarders.

Timberland Bank:

William (Bill) P. Andrews
Vice President, Branch Manager NMLS ID 539564
Office: 253-875-4250 / Toll Free: 1-800-562-8761
Fax: 253-875-8702 / Email:
Bill and the owner of True Built Home go all the way back to the 1990’s. He’ll take great care of you.

Why choose Timberland? The All-in-One Construction Loan provides up to 12 months of interest only payments through the construction phase, then converts to permanent financing up to 80% loan-to-value. The permanent rate is locked before construction begins. In addition, the two-step construction loan provides financing for loans that exceed 80% loan-to-value. 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.

Evergreen Home Loans:

Shawn Lynch
310 29th Street NE Suite 201 Puyallup, WA 98372
tel (253) 222-5626 / fax (844) 513-0088 / direct (253) 268-4050

Tim Morris:

Home Lending Officer, Construction Specialist: NMLS  #85255
307 29th Street NE, Suite 102 • Puyallup, WA 98372
tel (253) 904-1203 / cell (206) 550-7984 /  fax (800) 313-7701
Email: / Website:

Vancouver – Salem, Oregon

Below are lenders available to help our clients south of Tacoma – Salem, Oregon.

Umpqua Bank

Sabrina Flores
2515 NE 134th Street, Ste 210
Vancouver, WA 98686
– and –
1208 Washington Way, Ste 150
Longview, WA 98632

Phone: 360-575-3822
Fax: 503-372-0399
Mobile : 360-957-7029

Tri-Cities, Spokane, and Eastern Washington

Bank of Eastern Oregon:

Arldetta Arnspiger
Phone: 541-676-9884

Banner Bank:

Jennifer G Cecil
Phone: 541-564-4264

Evergreen Home Loans:

Shawn Flinders
Branch Manager & Senior Loan Officer
1030 North Center Pkwy., Suite 304
Kennewick, WA 99336
Phone: 509-579-3601 / Fax: (844) 417-4410

Cody Ratliff
8656 W Gage Blvd, Suite 201
Kennewick, WA 99336
Office: 509-579-3600 / Cell: (509) 430-0926

Global Credit Union:

Kay Keyser

Inland Northwest Bank (INB):

David Cloe
Office: (509) 252-4986 / Cell: (509) 294-2892

Mountain West Bank:

Robert Howard
12321 E. Mission
Spokane Valley, WA, 99216
Phone: 509-944-4025 / Mobile: 509-998-3636 / Fax: 509-944-4090

Numerica Credit Union:

Chris Palm
Phone: 509-491-4220

Bryan Jarrett
Mobile: 509-362-7015
Office: 509-988-9887

Umpqua Bank:

Tom Coyne
8121 W Grandridge Blvd
Kennewick, WA 99336
Office: 509-783-7300

Washington Federal:

Jacob Compton
Phone: 509-787-3541

We have offices all over Washington State to serve you and we can build in Washington, Northern Oregon and Western Idaho!

Tacoma / 253.272.5300 • Tri-Cities / 509.783.1411
Spokane / 509.255.3939 • Vancouver / 360.464.2884 • Salem / 971.599.2050