Get specialized support.

Builder resource center

Custom homebuilders

New construction customers

Connect with one of our local market managers to get started.

Your manager serves as an extension of your team, giving clients outstanding service while coordinating with you and a dedicated mortgage team to secure loan approval.

Headshot of David Macke

David Macke

Western U.S.
NMLS# 484132
949-363-3032
david.macke@usbank.com

Headshot of Tony Cardoza

Tony Cardoza

Eastern U.S.
NMLS# 2117550
407-803-4982
tony.cardoza@usbank.com

See the benefits of partnering with us.

Our goal is to provide you with exceptional value and service, so we can get new buyers into your homes. Here are some of the perks of working with U.S. Bank.

A variety of distinct benefits

When you work with us, you can take advantage of:

  • An expedited closing process in as little as seven to 15 days, with priority for purchase transactions
  • Customized co-marketing materials
  • Servicing on the majority of loans we close
  • Flexible escrow requirements as part of our Escrow Withhold Program
  • Backlog reporting and weekly updates on where your clients are in the loan process
  • The option to close and fund prior to final inspection with a Certificate of Occupancy

A dedicated team

We’ll serve as an extension of your team, with:

  • New construction lending specialists who are experts in their local market areas
  • A single point of contact for all builder transactions through our Protected Development Program
  • Dedicated processing, underwriting and closing teams who are actively engaged with you and your homebuyers
  • Certified appraiser panels who understand the specifics of their assigned communities and can provide consistent evaluations

A commitment to customer satisfaction

Your team at U.S. Bank is focused on an exceptional customer experience, including:

  • Quality standards of performance for all builder personnel
  • Certification process and requirements for mortgage loan officers who work with identified builders to ensure quality loan submissions and customer service
  • Transparency with the team on customer satisfaction results and findings
  • Written customer surveys at closing

Get condominium and co-op support you can count on.

As a condo developer, you know the added complexity project approvals can bring to your business. Let our knowledgeable condo specialists help you navigate the process and simplify the experience for your customers.

Specialized condo team

Our team of dedicated new construction condo specialists and underwriters will deliver an efficient and seamless experience from start to finish. 

Initial legal draft reviews

A review of legal documents prior to recording helps minimize the need for amendments.

Condo approval services

We have 25+ employees in our project approval department that focus exclusively on the condo and co-op review process.

Non-warrantable condo capabilities

Gain flexibility with construction sub-phasing and mixed-use commercial projects for non-warrantable condo properties.

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Condo conversions

Condo conversion projects come in all shapes and sizes. That’s why we have full gut and non-gut rehabilitation options available.

Complimentary services

We provide complimentary lease hold reviews, Fannie Mae PERS and full FHA submission packets at no additional cost to you. Agency fees still apply.

Loans and programs for your buyers

We provide your clients local support in all 50 states and a variety of loans and programs to meet their unique needs, including:

Down payment assistance programs

Down payment assistance such as loans, grants, tax credits1 and other programs are available to help your homebuyers cover their down payment or even closing costs.

Portfolio, private wealth and U.S. Bank proprietary loans

We offer flexibility for your customer’s unique situation with options for loans that do not fit within Freddie Mac and Fannie Mae current guidelines. Our certified private wealth specialists can assist with the more complex needs of your clients.

Federal Housing Administration (FHA) loans

FHA loans allow your customers to take advantage of a consistent rate, low down payment requirement and flexible qualification guidelines.

Veterans Affairs (VA) loans

VA loans offer low or no down payment options, no mortgage insurance requirement and flexible qualification guidelines for eligible buyers.

Opportunities for your clients to save

Extended rate lock

We offer an extended rate lock up to 360 days2 and the option for a one-time float down rate within 60 days of closing.3 This can help reduce the risk of cancellations for you, and protect your customers from rising rates.

Temporary buydown

A temporary buydown allows buyers to reduce their interest rate and monthly payment for a limited time.4 Buydowns can be structured in multiple ways and are available on all loan products through U.S. Bank.

Customer credit

Qualifying customers can take 0.25% of their new first mortgage loan amount and deduct it from their closing costs, up to a maximum of $1,000.5 Eligible customers must have a U.S. Bank Smartly® Checking account, an existing Gold or Platinum Checking Package or an existing U.S. Bank first mortgage.6

U.S. Bank stands apart.

At U.S. Bank, our years of industry expertise and breadth of product options aren’t all we have to offer. Our commitment to our customers and doing what’s right place us a step above the rest. We have been named:

  • One of the World’s Most Ethical Companies® by the Ethisphere Institute for the eighth year in a row7
  • The top lender for ages 18 to 34 and earned the top honor for digital mortgage lending tools by Kiplinger8
  • One of the 2023 World’s Most Admired Companies by Fortune9
  • One of the Top 50 Companies for Diversity by DiversityInc10

We can’t wait to work with you and your clients.

Headshot of David Macke

David Macke

Western U.S.
NMLS# 484132
949-363-3032
david.macke@usbank.com

Headshot of Tony Cardoza

Tony Cardoza

Eastern U.S.
NMLS# 2117550
407-803-4982
tony.cardoza@usbank.com

Looking for a bank that offers home-builder financing?

Our U.S. Bank Housing Capital division offers full-service banking to private and public homebuilders nationwide. Our financial strategies can help you manage and expand your business. For more information, reach out to one of our local market managers who can put you in touch with our Housing Capital partners.

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Disclosures

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. Mortgage, home equity and credit products are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.

This is not a Consumer Credit Advertisement and is intended for homebuilder and condo developer use only. This information is provided to assist homebuilders and condo developers and is not a consumer credit advertisement as defined by Regulation Z.

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  1. U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

  2. A fee applies for the extended rate lock.

  3. Float down option may be exercised no earlier than 60 days prior to closing or lock expiration date, whichever is earlier, but not less than five days prior to closing. The expiration date then becomes the earlier of the original expiration date or 60 days from exercising the float down.

  4. Must qualify at note rate. Temporary interest rate reduction buydown feature will be reflected as a payment adjustment on the mortgage statement for the first 12 months. Temporary buydown available on 1-unit purchase transactions only. Receive an interest rate reduction for first 12 monthly principal and interest payments. Beginning with the 13th mortgage payment through the end of the loan term, the interest rate reverts to the original interest rate when the loan originally closed.

  5. To calculate the U.S. Bank Customer Credit, take 0.25% of your new first mortgage loan amount and deduct it from the closing costs. For purchase or refinance transactions, the maximum credit is $1,000. Certain mortgages may not be eligible for stated credits. Offer may not be combined with any other mortgage offers and can only be applied once per property within a 12-month period.

  6. Customers may be eligible for this credit with an existing U.S. Bank first mortgage, a U.S. Bank Smartly Checking account or an existing Gold or Platinum Checking Package. A minimum of $25 is required to open a U.S. Bank Smartly Checking account. For a comprehensive list of account pricing, terms and policies see the Consumer Pricing Information disclosure and the Your Deposit Account Agreement. These documents can be obtained by contacting a U.S. Bank branch or calling 800-872-2657.

  7. U.S. Bank named one of the “World’s Most Ethical Companies®” Ethisphere Institute, February 2023 (also 2022, 2021, 2020, 2019, 2018, 2017, 2016 and 2015); for more information about the ‘World’s Most Ethical Company’ designation and scoring methodology, please visit www.worldsmostethicalcompanies.com.

  8. Gerstner, L 2020, ‘Financial Service Firms That Treat You Like a Star’, Kiplinger’s Personal Finance, pp. 65-71.

  9. Industry executives, directors, and analysts from 680 companies, including 12 superregional banks, with a minimum of $10 billion in annual revenue were surveyed by Korn Ferry in collaboration with Fortune Magazine. Survey responders rated their industry peers who paid a fee to be considered on nine criteria: management quality, people management, use of corporate assets, financial soundness, investment value, social responsibility, innovation, quality of products/services, and global competitiveness. Rankings were determined by an aggregate of how peers ranked the company in each of the key attribute categories. Companies that scored in the top half of their industry were recognized. Get more detail about the selection methodology.

  10. On DiversityInc’s Top 50 Companies for Diversity list, U.S. Bank ranks No. 11 on the overall Top 50 list (up from No. 17 last year) and is the No. 1 ranked bank on the list. The company also placed on more than a dozen specialty lists, including Top Companies for Philanthropy, Top Companies for LGBTQ and Top Companies for Supplier Diversity.

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