California Construction Loans
California Construction loans specializes in providing construction loans to families building their dream home from ground up on their own land. The types of construction loans we provide are typically called one time close construction loans or construction to permanent loans. We also provide construction only loans if desired.
We also specialize in providing construction to permanent financing for major remodeling projects. Major remodeling projects typically are residential owned homes that are in need of major remodeling and expansion in square footage size. Major remodeling also includes homes that are in need a significant remodeling makeover's from ground up as well as complete tear down projects.
Last but not least we specialize in providing land loans for families looking to build a new home sometime in the near future. To apply for a construction loan you need to own land, have house plans, hire a builder, provide a cost breakdown including building permits. Once you own land then and typically only then are you able to obtain all the above items needed in order to apply for a construction loan.
Not living in California? No worries! We provide services all over the country with Nationwide Construction Loans.
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Learn new construction loan "Inside Secrets"
Know how to get the best construction loan, rate and
terms. Discover the common mistakes made everyday in
obtaining a construction loan.
Building your new home starts with
knowing what your bank, broker or lender are
offering you. Know more than
your loan officer by reading the free down loadable e-book
"Inside Secrets"before you start shopping for construction loan.
The weekly Inside Secrets" are designed to inform and help you find only the best financing available.
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What The Experts May Not Tell You...
 When building your new home, knowing the inside secrets can make all the difference between a great experience or a bad experience. This e-book is designed to put you in the home builder's driver seat. Enjoy!
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The Owner Builder Book
 Learn how you can save more than $100,000 when building your custom home. What are the secrets to acting as your own general contractor to save money on the construction of your home? The Owner-Builder Book answers this question and explains how you can act as your own general contractor when constructing your home.
Click Here
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Latest Blog Posts
June 8th, 2010
We are building with a very well known home builder, we have paid our deposit and have just got DA approval and mortgage approval and now they are threatening to up the base price of the house design by an amount we are not prepared to increase our mortgage by, can we forfit our deposit, take the plans and owner build the house without getting sued for IP/copyright by the builders? if not how much would we have to change the plans in order to be able to?
we are in NSW Australia
I doubt this. You have a few problems. You do not own the house plans. Even when you buy a house you have no right to the actual plans and can not use them to build without the artifact signing off. You can not use ANY of eh plans without copyright infringement.
Your other problem is the home loan, your loan is for a built home. Construction loans are different, with very different... Read More
Posted in Uncategorized | 2 Comments »
June 8th, 2010
Unique Capital {LLC|Commercial Lending}remains to lend on commercial {real estate|mortgages} despite the recent credit {difficulties|crisis} in the marketplace. With {conventional|standard|correspondent} programs that go up to 75% {LTV|Loan-To-Value} and govnernment SBA / FHA programs exceeding 90% {LTV|Loan-To-Value}, Unique Capital {Commercial Lender|LLC} remains a {firm|strong} source of commercial real estate loans. Apartment, Multifamily, Office, Retail, Industrial, Mixed-use, self-storage and {hotel/motel|hospitality} {financing|lending} is still being {cultivated|delivered}. Even in this tough environment, Unique Capital is actually able to structure SBA 7a and FHA/HUD loans up to 100% depending on the equity and collateral used for financing. A list of programs can be found on the unique-capital website with specific program parameters.
Unique Capital is also involved in the {acquisition|purchasing} of distressed or discounted commercial mortgage notes. Due to a lack of liquidity in the market, many lenders (banks, insurance companies, pension funds, portfolio companies) are having to sell off assets to improve leveraged ratios. With a limited amount of money in the marketplace and an ever growing amount of assets available, the supply is greater than the demand; thus the ability to purchase assets at a {substantial|sizeable} discount.
As regulators and experts through 2007 and the beginning of 2008 advised that the credit crunch would lighten up towards the end of 2008 or early 2009; speculation now arises that the markets may not cool off and adjust properly until 2010 or 2011. Hedge Funds, Private {Equity Groups|Equity Funds} and Private Investors are attempting to {re-liquidate themselves|raise capital}... Read More
Posted in Uncategorized | No Comments »
Most Recent Articles
The Ins and Outs of a Construction Loan
April 11, 2010
Deciding to build your own property can be just the start of a very large project. It is usually enjoyable in the beginning on the other hand turn into a mess if you don't understand all the particulars of getting a construction mortgage loan.
FULL ARTICLE
Equity Based Construction Loans
January 20, 2010
Construction Loans: From Start to Finish
FULL ARTICLE
How Construction Loans Work
January 20, 2010
How construction loans work
FULL ARTICLE
Coverage
We provide the best residential and commercial construction loans in all counties in California listed below:
Alameda County, Alpine, Amador, Butte, Calaveras, Colusa, Contra Costa, Del Norte, El Dorado, Fresno County, Glenn, Humboldt, Imperial, Inyo, Kern, Kings, Lake, Lassen, Los Angeles, Madera, Marin County, Mariposa, Mendocino, Merced, Modoc, Mono, Monterey, Napa, Nevada, Orange, Placer, Plumas, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Shasta, Sierra, Siskiyou, Solano, Sonoma, Stanislaus, Sutter, Tehama, Trinity, Tulare, Tuolumne, Ventura, Yolo, Yuba County.
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10 Construction Loans Misconceptions
A land purchase can easily be added into the construction loan.
Construction loan rates are the same as all mortgages.
You have to make a payment during construction.
Construction loans are just as fast and easy to complete as any loan.
Most banks allow owner builder.
The largest lenders have the best rates and programs.
No money down construction loans are easily available.
All banks value construction loan projects the same way by appraised loan to value.
Most loan officers are capable of providing a construction loan.
Going directly to a bank is less expensive than working with a broker.
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