Hayden Homes Joins Forces with Washington Trust Bank

Northwest Home Builder Aligns with Largest Private Commercial Bank in the Region

Redmond, Oregon — Effective February 7, 2014, Northwest homebuilder Hayden Homes will shift from private, in-house lending to join forces with Washington Trust Bank as their preferred lender, to achieve the unprecedented growth they have forecasted for the coming decade.

With a collective tenure of 137 years doing business in the Pacific Northwest, Hayden Homes and Washington Trust Bank are private, family-owned companies with an unwaivering focus on community service. As the preferred lender for Hayden Homes in Oregon, Washington and Idaho, Washington Trust Bank will provide customers with competitive fees, lengthy lock times, and exceptional support throughout the home loan process.

“We are constantly striving to better serve our customers in communities throughout the Northwest, which includes making the home loan process easier for every one of our prospective home owners,” said Hayden Homes President Dennis Murphy. “Washington Trust Bank is an exceptional organization and a natural fit as a financial partner.”

Established in 2002 by Watson Enterprises, current Hayden Homes lender of choice Cornerstone Lending Group was principally focused onproviding financing for prospective Hayden Homeowners in Oregon and Washington. The migration from Cornerstone Lending Group to Washington Trust Bank will include an absorbtion of the Cornerstone brand to become one entityunder the Washington Trust umbrella.

About Hayden Homes: Hayden Homes has been building affordable, award-winning homes in Northwest communities for 25 years, making possible the dream of homeownership for more than 9,000 hardworking families since 1989. Driven to provide the highest quality home for the lowest possible cost and thereby building wealth for all involved, Hayden Homes proudly delivers zero-defect homes to the customer in a professional and curteous manner.

About Washington Trust Bank: Washington Trust Bank is the largest independently owned full-service commercial bank in the Northwest serving the region since 1902. A wholly owned subsidiary of WTB Financial Corporation, Washington Trust Bank has assets exceeding $4 billion. The bank is headquartered in Spokane, WA and currently has 43 branches and offices in Idaho, Oregon, and Washington.

Hayden Homes Named Among Top 50 Builders for a Third Consecutive Year

builder100We are thrilled to announce that Builder magazine, the official publication of the National Association of Home Builders, has ranked Hayden Homes #42 on their Builder 100 list of America’s top builders.

Hayden Homes has been able to achieve success by remaining true to our core purpose of delivering the highest quality home for the lowest possible cost. Hayden Homes is approaching 9000 total homes built since the company was first started in 1989, which has contributed over $1billion in wealth to the Northwest community.

We take pride in building wealth for our customers, our employees, and our local communities. Building wealth for our customers means making an investment in a high quality home that will increase in value over time, rather than throwing money away renting. For our employees, it is giving them an opportunity to invest in Hayden Homes as well as investing in their personal and professional development. And finally, building wealth in our communities means helping families out of poverty with home ownership program through First Story. It also means providing work for thousands of local vendors and tradesman. Being a bigger builder allows us to do more good and provide more jobs.Hodges-WallRaising52

“Being part of the Builder 100 list is an honor that could not have been achieved without the help and support of every Hayden Homes customer, trade partner, and team member with whom we work on a daily basis,” said Hayden Watson, Owner and CEO of Hayden Homes.

About Hayden Homes:
Since 1989, Hayden Homes has been building award-winning homes in Northwest communities from its headquarters in Redmond, Oregon. Driven to provide the highest quality home for the lowest possible cost and thereby building wealth for all involved, Hayden Homes proudly delivers excellence in home building each and every day.

Builder of the Year 2012

Real-Estate-head1Hayden Homes, founded in 1989 by Robert Watson, has been building homes and communities in Central Oregon and beyond for more than two decades. Watson’s original vision, “to provide the highest quality home at the lowest possible cost,” has since become part of the company’s mission statement — words that his son, Hayden Watson, current Hayden Homes CEO, continues to stand by.

Today, Hayden continues to take it a step further. In addition to growing Hayden Homes into the largest home builder by volume in Central Oregon, the company is also among the top 50 builders in the nation with communities in Oregon, Washington and Idaho.

Recently honored with the Central Oregon Builders Association’s (COBA) “Builder of the Year” award, Hayden Homes is one in a select group of honorees chosen by its peers. COBA, a nonprofit trade association with a membership that covers all of Crook, Deschutes, Harney and Jefferson counties, had twice as many nominations for the coveted award this year than in previous years.

According to COBA Executive Vice President Tim Knopp, it is not easy to win the award. A selection committee reviews all of the nominations and chooses the recipient based on a clearly defined set of criteria that includes association and membership activities, industry accomplishments and civic activities.

“It is a sought-after award, but difficult to win,” said Knopp. “You can’t win without putting in a lot of time and energy into the community and into the association. And I don’t think you are going to find a builder more involved in the community and more focused on their mission than Hayden Homes.

“They’ve been in business in Central Oregon for 20 years, and they have founded a nonprofit organization First Story) to help people get on the path to home- ownership. They live out their mission even on the nonprofit basis.”

It is this commitment to giving back to the community that Watson is most passionate about.

“… I was raised to give back to the people around me.
It was as simple as helping your neighbor.”

“My parents, Bob and Virginia Watson, were believers in people,” said Watson. “They believed that if you had the opportunity to help someone, that you should. By example, I was raised to give back to the people around me. It was as simple as helping your neighbor. First Story represents that giving spirit that my parents left for myself and Hayden Homes to continue.”

 

First Story, a nonprofit organization founded by Watson in 1998 and originally known as the Hayden Giving Fund, was created to provide a way for the company and its employees to give back to the community. The organization has grown to include a housing grant program that has served 41 families, 125 children and more than 100 at-risk young adults to date.

Additionally, the organization’s Community Giving Grant Program has awarded nearly a half-million dollars to support organizations dedicated to creating opportunities for low- income families, youths and persons in need in Oregon, Washington and Idaho.

While First Story is governed by an independent board of directors, it is Hayden Homes, its employees, trade partners and suppliers that are the backbone of the program — raising the majority of the funds and seeing that the homes are built. Hayden Homes employees contribute generously to the organization, and the company matches 100 percent of those donations.

First Story utilizes a sustainable funding model based on corporate partnerships, principal- only payments from homeowners, an endowment, and charitable fees attached to each home that Hayden Homes builds.

“For each home we build, we rely on and engage builders like Hayden Homes, dozens of trades and suppliers, and local leaders and community members,” said Watson. “We could not do what we do without the tremendous outpouring of support we receive from the communities we build in.”

Looking back on the legacy that his father began building more than 20 years ago, Watson believes that his parents would be proud of where the company is today.

“There is no doubt that my parents had high expectations, so anything less than success would be unacceptable,” said Watson. “I think through good times and bad, you are tested in your beliefs, and I think they would be proud that our organization has kept its focus through a difficult economic time and has given back where we could.”

Despite rough economic times across the nation, Watson remains more determined than ever to continue to build the mission of Hayden Homes — providing high-quality, affordable housing  and creating communities.

“I think the American dream is alive and well,” said Watson. “That being said, our country has been through a difficult time, and the illusion of homeownership as an investment has been tested. However, the testimonials of families referencing stability, confidence, safety, peace of mind, and their home becoming a home for their entire extended family and a place to celebrate birthdays and holidays is stronger than ever.”