Construction Loans in Washington — One Close. Zero Surprises.
Whether you're building a custom home in Seattle, renovating in Tacoma, or developing in Spokane — Sean Shallis structures construction-to-permanent loans with one closing instead of two, so you pay one set of closing costs.
Single close. Interest-only during build. One rate lock. One appraisal. Draw schedule managed. Originated through a national portfolio lender.
Washington builders deserve a lender who manages the details.
Sean Shallis is a national construction loan specialist who originates through a national portfolio lender, with the same file and the same underwriter from application to close. He structures single-close construction-to-permanent loans with one closing instead of two, locks your rate before you break ground, and keeps the draw schedule on track so your builder gets paid on time.
Whether you're building a custom home in Seattle, doing a gut renovation in Tacoma, or combining construction financing with a physician loan — Sean's construction programs are available nationwide with the same white-glove service.
Custom Build in Washington
Building from the ground up in Seattle or Tacoma? One loan, one close, one rate lock from dirt to doorstep.
Major Renovation
Gut renos and renovation-to-permanent projects in Washington. Transform an existing structure without juggling multiple loans.
Physician Builders
Physicians building in Washington can combine construction-to-perm with physician loan benefits. Student loan-friendly DTI available.
Investment Builders
Developing rental or investment properties in Washington? Competitive terms for experienced investors with $100K+ projects.
One set of closing costs and one appraisal. No second closing when the loan converts.
Pay only interest on funds drawn — not the full loan amount
Lock your permanent rate before construction begins
Generous construction timeline with extension options
Sean vs. Typical Washington Construction Lenders
Most Washington lenders require two closings and leave you managing the draw schedule yourself.
Building Across Washington
Sean works with builders and developers across every Washington market — and nationwide.
Construction-to-permanent loans available for custom builds and renovations in Seattle.
Construction-to-permanent loans available for custom builds and renovations in Tacoma.
Construction-to-permanent loans available for custom builds and renovations in Spokane.
Construction Loan FAQ — Washington
What's the difference between single-close and two-close construction loans in Washington?
What's the minimum project size for a construction loan in Washington?
Can I do a renovation-to-permanent loan in Washington?
How does the draw schedule work?
Can I combine a construction loan with a physician loan in Washington?
Can I include lot purchase in my Washington construction loan?
What's the typical timeline from application to breaking ground?
Ready to plan your Washington build?
90 seconds with Rosie to get your build budget. No credit impact. No obligation. Or book a 20-minute strategy call with Sean.
Know Washington before you borrow
How closings work in Washington
Escrow companies handle closings; attorneys are uncommon at the table. There is no state income tax.
Taxes and transfer costs
The seller pays a real estate excise tax on the sale, and property taxes are set locally with voter-approved levies that move year to year.
Insurance that shapes the file
Earthquake coverage is a separate policy most owners skip, and lenders do not require it; river and coastal flood zones do require flood insurance.
Where people are buying
Seattle · Bellevue and the Eastside · Tacoma · Spokane · Vancouver. First-time and lower-down-payment programs run through the Washington State Housing Finance Commission.
Plain-English notes, not legal or tax advice. Sean originates in all 50 states. Everything about mortgages in Washington →