Who This Loan Is For
- Borrowers planning ground-up home construction
- Homeowners building an ADU or major addition
- Investors renovating or improving a property
- Borrowers comparing construction, bridge, refinance, or cash-out options
Flexible Solutions
Construction Loans for California Building and Renovation Projects
Financing options for borrowers planning ground-up construction, major renovation, ADU projects, or property improvements.
Benefits
- Project-based financing structure
- Guidance on budget, timeline, builder, and draw requirements
- Options for construction, renovation, or improvement scenarios
- Helps compare short-term and long-term financing paths
Qualification Requirements
- Plans, budget, permits, builder information, appraisal, and reserves may be reviewed
- Draw schedules and inspections may be required
- Program availability depends on project scope, property type, borrower qualifications, and lender guidelines
Guidelines vary by lender and scenario. This page is general information only and is not a commitment to lend.
Common Scenarios
- A homeowner wants to build an ADU or major addition
- A borrower is planning ground-up construction
- An investor wants to renovate before long-term financing or sale
Questions
Construction Loans FAQ
How is a construction loan different from a regular mortgage?
A construction loan usually includes project review, budget review, draw schedules, inspections, and a build timeline. A regular mortgage is usually based on an existing completed property.
Do I need permits and final plans before applying?
Many construction programs require detailed plans, budget, permits or permit status, builder information, and appraisal review. Requirements depend on project type and lender guidelines.
Can construction financing be used for an ADU or major renovation?
Possibly. ADU, addition, and major renovation scenarios may be reviewed under construction, renovation, cash-out refinance, or bridge financing options depending on equity, scope, and timeline.