California CA Construction Loans

California CA Construction Loans with high LTV-Low Down requirements which is a perfect way to build your Dream Home, even with stated income or no income verification requirements! We can help answer your questions, and guide you through the loan process. We'll be with you every step of the way from framing your front door to turning the key. We are your home construction lending experts. We can answer your questions and your builder's questions so your project keeps moving smoothly from groundbreaking to housewarming. Our Construction-to-Permanent Loan is based on ordering an appraisal based on the future value of the home. That's right I said future appraised value of you home. We have some of the most aggressive programs and can even do no income verficaton programs for those with good credit.

We can offer new construction loans on the following property types:

Primary Homes
Second Homes
Modular Homes
Spec. Homes for Builders
Complete Rehabilitation
Lot Loans- generally flat with utilities up to site (propane and wells are exceptible if common for area)

Construction-To-Permanent loans

The Construction-To-Permanent loan allows one application and loan process versus getting a construction loan then another loan for permanent financing (called a takeout loan). This lowers the overall fees for the homeowner. If the project has enough value, we can finance your land and wrap your closing cost into your construction loan up front. Below you will find the list of items you will need to get your construction loan started besides a standard loan application.

Plans and Specifications
Plot Plan
Proof of a Land contract or a Deed
Proof the Land is buildable from your local Building Inspector
Title Commitment
Homeowners Insurance
Line item list of all cost to build your project - see below

Terms of the construction loan are for 9, 12, 15, or 18 month periods. This loan program offers interest only (usually up to 5 draws).

Here are the additional construction loan items that you will need to provide us:

5 Questions

Builders Statement

Description of Materials

Line Item Worksheet in Pdf form

Line Item Worksheet in Excel format This version calculates automatically and can be save to desktop.

Apply here by clicking on California Construction Loans and we will guide you through the process!