About Us
Since 2000 we have specialized in construction loans, lot loans, and vacant land loans in the Western United States. We do single close construction loans for ground up construction starting with a vacant lot or a tear down, as well as single close construction loans for rehab, remodel and additions.
Most construction loan programs are for owner occupied single family residences, or owner occupied duplexes. Lot loans are for vacant parcels zoned for 1 to 2 units. Vacant rural/agricultural land loans are available in most states. In California, we also do loans for commercial and multi-family construction. Spec loans are available in some parts of California.
Construction Loans
- Construction Loan Prog. 1
- 4.250%
- 3.749% APR*
- 1 Year ARM
- Construction Loan Prog. 2
- 5.000%
- 3.819 APR*
- 2/1 ARM
- Construction Loan Prog. 3
- 5.750%
- 4.236% APR*
- 3/1 ARM
- Construction Loan Prog. 4
- 6.50%
- 7.211% APR*
- Northern California Spec Construction loan
- Construction Loan Prog. 5
- 5.990%
- 8.897% APR*
- Stated Income, Stated Asset Construction loan to $600,000
- Construction Loan Prog. 6
- Call for Private Money Construction Loans
- Call for commercial and multi-family construction loans
- No land development loans at this time
* APR (Annual Percentage Rate) based on $500,000 loan amount.
Land Loans
- 5.95% 5/1 ARM
- 4.834% APR*
- Rural/Ag land
- 6.50%
- 6.987% APR*
- 5 Year Fixed Agricultural Land Loan (Cashout OK)
Not currently avaialble
Not currently available
* APR (Annual Percentage Rate)
Lot Loans
Lot Loan Prog. #1
6.000% 3 Year fixed
6.695% APR*
1 point
75% to 400,000
70% to 500,000,
65% to $600,000.
Lot Loan Program #2
Not currently available
Lot Loan Program #3
Not currently available.
Lot Loan Program #4
Not currently available.
*APR (Annual Percentage Rate) based on $300,000 loan.
FAQ
What is an “All-in-One” or a “Single Close” construction loan? Why is it a good idea?
A “single close” construction loan is also your permanent financing. It is not just an interim construction loan, which would require a “take out” loan refinance at the end of construction to put the permanent financing in place.
This “take out” loan would involve an additional set of closing costs, you would have to provide new income and asset documentation to qualify, and qualification would not be guaranteed. Read on »
Applications and Forms
Uniform Residential Loan Application
Borrower’s Certification & Authorization
California Mortgage Loan Originator Agreement
Notice To Applicant Of Right To Receive Copy Of Appraisal Report
The Housing Financial Discrimination Act of 1977 Fair Lending Notice
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