$325,000 Construction Loan of a Spec Home in Bellingham

Mortgage Equities Inc. provided financing for the construction of a single family home in Bellingham, Washington. The Borrower is an experienced builder in the Bellingham market. He managed to find and develop a terrific “in fill” lot in a well located, mature subdivision.

The house will total 3,300 square feet with three levels, four bedrooms, and three bathrooms located in a great neighborhood with desirable schools. Greenbelt views and along with some mountain and water scenes offers buyers a great home in a market without a lot of new home construction.