# Financing a Casly Home — Washington State New Construction

> Casly Homes partners with preferred lenders experienced in new construction financing.
> Loan options include conventional, FHA, VA, jumbo, ARM, and 2-1 buydown programs.
> Down payments start at 3% for FHA loans.

## Available Loan Types

| Loan Type | Notes |
|-----------|-------|
| Fixed-rate | Stable rate for the full loan term — most common choice |
| Adjustable-rate (ARM) | Lower initial rate; adjusts after fixed period (e.g. 5/1, 7/1) |
| Interest-only | Pay interest only for a set period; lower initial payments |
| 2-1 Buydown | Builder-paid rate reduction: -2% Year 1, -1% Year 2, full rate Year 3+ |

Casly Homes works with preferred lenders who handle conventional, FHA, VA, and jumbo loans depending on buyer qualification. Contact us for a preferred lender referral.

## 2-1 Buydown Program

Casly Homes can offer a builder-paid 2-1 buydown through preferred lenders:
- **Year 1**: Interest rate reduced by 2% below note rate
- **Year 2**: Interest rate reduced by 1% below note rate
- **Year 3+**: Full note rate applies
- Example: 7% note rate → 5% in Year 1, 6% in Year 2, 7% Year 3 onward

## Preferred Lenders

Casly works with preferred lenders who understand new construction timelines, including extended rate lock periods and phased construction disbursements. Contact us for current preferred lender referrals.

## EB-5 Investor Program

Casly Homes participates in the EB-5 Immigrant Investor Program. Eligible international investors can qualify for U.S. permanent residency through qualifying real estate investment. Minimum investment: $800,000. EAD (Employment Authorization Document) timeline: approximately 6–8 months after filing. Visit caslyhomes.com/eb-5-investment-program for full details.

## Frequently Asked Questions

**Q: Can I use my own lender?**
A: Yes. You may use any licensed lender. Preferred lenders may offer additional incentives.

**Q: When do I lock my rate for new construction?**
A: For homes near completion: standard 30–60 day lock. For homes under construction: extended lock programs (90–180 days) available through preferred lenders.

**Q: What documents do I need to get pre-approved?**
A: Typically: last 2 years W-2s and tax returns, recent pay stubs, bank statements, and photo ID. Self-employed buyers also need business returns.