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Build A Home

Home Under Construction

Building a home is an exciting and rewarding experience. But financing can be a challenge without the guidance and advice of an experienced mortgage lender. At BankWest, we take the mystery out of construction loans and provide you with a team of professional lenders who will walk you through the process … from ground breaking to move-in day.
Equal Housing Lender

NMLS #685987


Construction Loan

Program Details

  • Your initial construction loan allows for draws to pay building expenses throughout the construction process.
  • Construction loans have flexible terms and a competitive rate.
  • Your plans and bids must be provided to the bank. The bank will use these to hire an appraiser to perform an “as completed” value estimate.
  • Borrowers may secure a construction loan for up to 95-100% of the project cost.
  • Land/lot expenses can be rolled into your construction loan.
  • You’ll work with the same BankWest loan expert from the construction phase of your project through converting your loan to permanent financing.


Lot Loan

If you’re not quite ready to build, we can help with the lot loan now, and the construction loan when you’re ready.

Program Details

  • 25% Down Payment
  • Lot loan balance can be rolled into the construction loan when you’re ready to build

Ready to get started?

Use our online application to apply for your construction or lot loan.
Apply Now

If you have questions at any point in the construction process, please contact a BankWest Mortgage professional.
We are here for you every step of the way.

Our Mortgage Team
Our mortgage professionals are experienced lenders who deliver expert advice, prompt decisions and great service throughout your home-building experience.
Contact Our Team
Construction Loan Process
Learn the six basic steps in securing a BankWest construction loan and ultimately converting it to a permanent mortgage.
Read Six Steps
What can I afford?
Our Personal Financial Management (PFM) tool allows you to pull everything, including accounts outside BankWest, into one place so you can manage the big picture from your own financial headquarters.
Go to PFM Tool
Buying A Home
There’s a mortgage loan for nearly every situation. Our experienced mortgage professionals will ensure your loan is the best one for your needs.
Home Financing Options
Manufactured Home
We offer a variety of manufactured housing financing packages, including options that accommodate dealer installation.
Go to Manufactured Homes
Home Loan Checklist
Help us process your loan quickly and efficiently by having these items available.
Go to Checklist

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