Craft3 partners with contractors across Oregon and Washington.
Our financing is simple and we do not charge contractors for participating. We’re committed to supporting you and your customers.
You can find more information and resources about our financing below
To receive payment from Craft3, you’ll need to complete a few forms and email them to us. Sign up and we’ll send you everything you need to get started.
The customer applies for a loan online. Craft3 reviews the application and communicates the credit decision to the homeowner in as few as three business days.
The contractor works with the customer on a bid based on the approved design. The bid is submitted to Craft3 and loan documents are prepared for the customer to sign.
An initial disbursement is made to the contractor. Some projects require an approved permit. The contractor then completes the project as specified in the project bid and submits final paperwork to receive payment.
NOTE: Clean Water Loan projects in Washington State must be assessed by the Department of Ecology for any potential adverse effects to cultural resources, such as archaeological objects, or historic properties. This review takes approximately 30 days. For more information see the Guide to Cultural Resources Review.
A Craft3 loan helped Randal, a first-time homeowner, build an accessory dwelling unit (ADU) that will be rented to a tenant who earns 80 percent or less of the area median income. [Randal was thrilled to build a unit of lower-income in-fill housing while also creating a permanent asset.]
“With Craft3, it is reassuring that I won’t have to wait for a check in the mail. I like that I can open my bank account and see that the deposit is there, then get that paperwork submitted to DEQ. It’s easier on my customers too.”