Is there any lender in Western Washington state that would do 5% down payment on construction loan?

Asked by Spring_angel_2008, Issaquah, WA Wed Aug 6, 2014

We decided the only way to get a house that has everything we're looking for is to have one built. I was told by my agent that i absolutely need 20% down payment but google searches suggested differently. However the answers i found were all from last year so i don't know if they're still true. Thank you

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Dan Tabit’s answer
Dan Tabit, Agent, Issaquah, WA
Wed Aug 6, 2014
Talk to Washington Federal Bank, linked below. David North is my contact there. Depending on if you already own the land or are wrapping that up in the loan too they may have an option. Let me know if I can help any further.
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