How the Clean Water Loan Works

1. Submit a loan application. Soon after, we will let you know if you pre-qualify and which loan rate you may be eligible for.
2. Contract with a certified septic designer to prepare a design for regulatory approval. Obtain a scope of work and bid from an installer. Here is a list of certified septic professionals is available by county: Clallam, Jefferson, Kitsap, Mason, Pacific. If you prefer, you may also finance the cost of the design and permits.
3. Submit documents for final loan approval. Provide Craft3 with a copy of your income documentation, design, permits, and final bid. Craft3 will provide final loan approval and generate loan documents. Pre-qualifying applications are not considered fully approved until this documentation is provided.
4. Sign your Craft3 loan documents. Although we are a non-profit organization, we must use the same loan documents as other lending institutions. Septic loans are secured by a Deed of Trust with documents that look like the ones you may have signed when you closed on your house.
5. Oversee work by your contractor. After the work is complete, the designer/installer will certify to the local health agency that the construction was completed. A health agency staff person will approve the construction.
6. After the work is done to your satisfaction, authorize Craft3 to pay your contractor. Just sign and send in their final invoice. Craft3 will not release any payments without the borrower’s permission.
7. Enjoy your new system and maintain it properly. County building codes require septic systems be regularly inspected. Craft3 makes this easy and affordable by making up to $1,750 in operations and maintenance (O&M) funds available, if needed, to cover the cost of inspections and repairs. To ensure your new system is installed properly and well functioning, Craft3 requires that your system is inspected (and repaired, if needed) between 12-15 months after it is installed. 

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