Washington Trust Mortgage Company

Construction Mortgages

Wouldn’t it be easier to have one application and one closing?

Construction worker building a houseOur mortgage experts make the construction loan process easy and efficient. There's one application, one approval, one closing, and competitive rates and fees.

  • You have the option of a fixed- or adjustable-rate product.
  • We offer a 12-month interest only construction term.
  • Our construction loans are available for primary or second homes, purchase land and construct home, construction of home on your land, rehabs or additions to your current home and modular homes.
  • Disbursements are made quickly and are handled at the local level with an experienced, knowledgeable staff.

*In these programs, the initial interest rate is fixed for a period of time and then the interest rate may change annually (increase or decrease) in line with movements in the index rate specified in the corresponding note. Generally, interest rate increases result in higher monthly payments.

Today's Rates      Get Started      Calculators

Image of graphs, charts and applications

Get Started with a Mortgage Specialist

Apply online today with our easy to use Online Application.  Find a mortgage specialist to get started.


Apply Online Today

Customer Solutions Center

(800) 475-2265



Telephone Banking available 24/7 at

(800) 226-5877


Tambien disponible en español. Banca telefónica disponible 24/7/365!