Beaverton and its Bethany corridor represent some of the most premium new construction in the Portland metro, and the buyer who is building here — rather than purchasing from existing inventory — is making a deliberate decision that the existing stock doesn’t match their specifications, their school district requirements, or their price-to-quality expectations. Thompson Woods in Bethany, developed by Toll Brothers and West Hills Homes NW, is the clearest expression of this dynamic: Toll Brothers is the nation’s premier luxury production homebuilder, and Thompson Woods delivers two- and three-story homes with daylight basements, outdoor living configurations, and a level of standard finishes and design center customization that positions it in a category above anything in Beaverton’s established stock at comparable prices. Starting at $750,000 and reaching well above $1 million for the most premium configurations, Thompson Woods is zoned for Beaverton School District’s Sunset High School — one of the most sought-after school assignments in Washington County — and provides proximity to Highway 26, Forest Park, and the Nike and Intel employment corridors that define the buyers’ professional lives.
Beyond Thompson Woods, Bethany’s new construction pipeline includes Taylor Morrison’s Ridgeline at Bethany — a community with floor plans from 1,651 to 3,764 square feet, three to six bedrooms, and granite kitchen islands, located seven miles from the Nike and Intel campuses — and Noyes Development’s North Bethany communities including the Knightsview 17-lot neighborhood in the West Hills foothills and the Bronson Creek Farms community with 40 home sites from the upper $400,000s to well above $600,000. Riverside Homes builds in Beaverton, Portland, and Tigard with a focus on Pacific Northwest contemporary architecture. Taylor Morrison’s Bethany Crossing delivers townhomes from approximately $500,000 zoned for Beaverton School District’s Westview High School. And throughout Beaverton’s existing residential corridors — Cedar Hills, Raleigh West, and the hillside areas above SW Farmington Road — custom builders work on private lots for buyers who want architect-directed residential design rather than a production builder’s plan book.
For every buyer in this ecosystem — production luxury, semi-custom, or fully custom — the One-Time Close Construction Mortgage Loan offers a specific and meaningful financial protection that no other financing structure provides: rate lock at the start, no re-qualification at conversion, one closing. For a Nike or Adidas executive building at Thompson Woods — where the RSU schedule that was documented at loan application may have changed slightly by the time the certificate of occupancy is issued 12 to 18 months later — this protection is not theoretical. It is the reason to choose the One-Time Close structure.
A One-Time Close Construction Mortgage Loan combines construction financing and permanent end-loan financing into a single transaction. You qualify before construction begins, close once, and your loan converts automatically to a permanent mortgage when the certificate of occupancy is issued.
The three phases:
Construction Phase — After closing, funds are disbursed to your builder in draws as construction milestones are verified complete. You pay interest only on disbursed amounts during this period.
Conversion — When the certificate of occupancy is issued, the loan converts automatically to your permanent mortgage — no second application, no second appraisal, no re-qualification, no second closing costs.
Repayment Phase — You begin making standard principal and interest payments on your permanent mortgage.
Key Features:
Single closing — one set of closing costs, one qualification process
Rate locked at closing — protects against market movement through Beaverton's 9 to 18 month build timelines
No re-qualification at conversion — protects Nike, Adidas, and Providence physician borrowers whose RSU, bonus, or income profile may shift during the build period
Draw schedule coordinated with your builder's construction milestones
Available in conforming, jumbo, and physician program tiers
Applicable to Thompson Woods, Bethany Crossing, Noyes Development communities, Riverside Homes builds, and fully custom private lot projects
For buyers building in Bethany Crossing (Taylor Morrison townhomes from $500,000), Noyes Development’s Bronson Creek Farms (from the upper $400,000s), Riverside Homes communities in Beaverton, and other active Beaverton-area new construction at loan amounts within the 2026 conforming limit.
For buyers building at Thompson Woods’ premium tier ($750,000–$1.5 million-plus), Taylor Morrison’s Ridgeline at Bethany upper range, Noyes Development’s Knightsview West Hills community, and custom private lot builds in Beaverton and unincorporated Washington County where land plus construction exceeds the conforming limit. Nike, Adidas, and technology sector income documented correctly from the start.
For buyers working with custom architects and builders on private lots throughout Beaverton, the Bethany hills, and unincorporated Washington County. We work directly with the builder and design team to establish Oregon CCB licensing, confirm the draw schedule, and maintain milestone-to-disbursement alignment throughout the build cycle.
For Providence St. Vincent Medical Center physicians who want to build — at Thompson Woods, in Bethany Crossing, or on a private Beaverton lot — rather than purchase existing inventory. Combines no-PMI physician loan features with construction financing in a single transaction. Offer letter qualification available for Providence physicians who have signed an employment contract.
Thompson Woods — Toll Brothers and West Hills Homes NW (Bethany)
Thompson Woods is the standard-bearer for premium new construction in the Washington County new home market. Located in Bethany in
unincorporated Washington County, the community delivers two- and three-story homes with daylight basement options, outdoor living room extensions, luxury material selections, and Toll Brothers' design center process — which allows buyers to customize finishes, fixtures, hardware, and layouts within the production framework. Zoned for Beaverton School District's Sunset High School. Starting prices at approximately $750,000; top configurations above $1.5 million. Primary destination for Nike senior executives, Adidas directors, and Silicon Forest professionals who want the combination of Beaverton School District access, new construction quality, and Forest Park proximity.
Taylor Morrison — Ridgeline at Bethany (North Beaverton/Bethany)
Taylor Morrison's Ridgeline at Bethany delivers one- to three-story floor plans with three to six bedrooms and two to four bathrooms, ranging from 1,651 to 3,764 square feet. Homes feature Low-E dual pane insulated windows, gas furnaces, granite-topped kitchen islands, and a full stainless steel appliance package. Located three miles from Highway 26, 20 minutes from downtown Portland, and seven miles from the Nike and Intel campuses — a commute profile that appeals to both apparel and technology professionals. Zoned for Westview High School in the Beaverton School District.
Taylor Morrison — Bethany Crossing (North Beaverton)
Bethany Crossing delivers townhomes from approximately $500,000 zoned for Beaverton School District's Westview High School. Conveniently located near the Bethany Village Shopping Center with a QFC grocery store, Walgreens, and the Bethany Library. An accessible entry point into new construction in the Beaverton School District for first and second buyers who want the Nike/Intel commute corridor without the Thompson Woods price point.
Noyes Development — North Bethany Communities
Noyes Development operates multiple communities in the North Bethany area, including the Knightsview 17-lot neighborhood nestled in the West Hills foothills (within the Beaverton School District and minutes from tech campuses), and Bronson Creek Farms — 40 home sites from the upper $400,000s to above $600,000 featuring high-end finishes including hardwood floors, slab granite counters, high ceilings, open handrails, and double ovens. Noyes provides access to the MAX Blue Line at Orenco Station from North Bethany for buyers who want Portland metro transit access alongside new construction quality.
Riverside Homes — Beaverton, Portland, and Tigard Communities
Riverside Homes builds Pacific Northwest contemporary new homes across the Portland metro, with active communities in Beaverton, Portland, and Tigard. Known for thoughtful design, quality craftsmanship, and Pacific Northwest architectural sensibility, Riverside Homes serves buyers in the mid-to-upper new construction price range throughout Washington County.
Custom Builds — West Hills, Bethany, and Private Lots
For buyers who have identified a private lot in the West Hills above Beaverton, in Bethany's established residential corridors, or in unincorporated Washington County, custom construction with licensed Oregon CCB contractors is fully eligible for our One-Time Close programs. We work directly with the builder and design team to establish the documentation, draw schedule, and construction milestone plan the program requires.
One-Time Close expertise across conforming, jumbo, and physician program tiers
Thompson Woods knowledge — Toll Brothers' design center customization process, typical build timelines, and the draw schedule structure the premium tier requires
Nike and Adidas RSU re-qualification risk elimination — the primary financial protection for apparel industry professionals building in Beaverton over a 9 to 18 month timeline
Taylor Morrison and Noyes Development community familiarity
Physician One-Time Close for Providence St. Vincent physicians building in Bethany or on private Beaverton lots
Rate lock at close — protection through the full construction timeline regardless of market movement
Ryan Lehrman, NMLS #235295
Credit: Minimum 680 for conventional programs; 700–720 for jumbo construction tiers
Income: Fully documented — W-2, Nike and Adidas RSU and bonus, Providence physician employment agreements, and offer letters all considered by program tier
Down Payment: Typically 5%–10% for conforming; higher for jumbo; physician programs may allow lower down payments
Builder Requirements: Oregon CCB (Construction Contractors Board) license required; approved construction contract and verified draw schedule required before closing
Thompson Woods' Toll Brothers build timeline typically runs 12 to 18 months from purchase agreement to certificate of occupancy. During that window, a Nike or Adidas borrower's RSU vesting schedule, annual bonus, and employment situation are subject to company performance and restructuring dynamics that cannot be predicted at loan application. A two-loan construction approach requires full re-qualification at conversion under whatever those conditions turn out to be. A One-Time Close locks the rate and qualification at the start — protecting apparel industry borrowers whose income profile is inherently dynamic — and converts automatically at completion without any re-qualification exposure.
Yes. Our physician One-Time Close Construction programs allow qualification on a signed Providence St. Vincent or Providence Medical Group employment contract, with closing within 90 days of the employment start date. A cardiologist or hospitalist who has selected a Toll Brothers floor plan at Thompson Woods and has a Providence start date within the qualification window can close on the construction loan concurrent with beginning their clinical position.
In most cases, yes. If the buyer has not yet acquired the lot — common for custom builds in the West Hills above Beaverton and private infill lots in Bethany — we can structure the construction loan to cover both the land acquisition and construction costs in a single transaction. This is particularly useful for Nike executives commissioning custom West Hills builds on parcels where the land acquisition and build commissioning are being negotiated simultaneously.
Toll Brothers' design center selections — materials, fixtures, hardware, and layout customizations chosen during the pre-construction phase — are typically completed before the loan closes and are incorporated into the final construction contract and budget. This means the draw schedule is based on the fully specified build, not a preliminary estimate. We review the finalized construction contract and design center selections with Toll Brothers' project team before closing to ensure the draw schedule accurately reflects the verified build scope, so disbursements align with completed work throughout the construction period.
Building your new home in Beaverton starts here. Let’s talk through your builder, your site, and your timeline.
Originally from Harrisburg, Pennsylvania, I moved to Phoenix to attend Arizona State University and have proudly called Phoenix home ever since.
My journey into the mortgage industry began with a friend’s encouragement, who saw how my energy and people-first mindset could make a difference. He was right — I found my calling.
I’ve always embraced what makes me different. With ADHD as my secret weapon, I thrive in fast-paced, detail-heavy environments. I’ve built my career on clear communication, creative problem-solving, and putting clients first, always.
Outside of work, my greatest motivation is my wife and three amazing kids. I’d be honored to help guide you through your lending journey with care, clarity, and commitment.
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