Construction Loan Programs in California
Our Construction Loan Program is designed for real estate investors and developers who need strategic, short-term capital to acquire, build, or complete residential and commercial projects.
This program allows borrowers to finance ground-up construction or complete partially built projects with speed, flexibility, and equity-based underwriting — without the delays of conventional lending.
Unlike traditional bank construction loans, these loans are structured strictly for business purpose use, providing streamlined approvals and reliable funding. Per Department of Real Estate guidelines, interest accrues on the entire loan amount at the inception of the loan.
| Loan Amounts | $100,000 – $2,500,000 |
| Property Type | Single Family – 2-4 Units – Multi-Family – Commercial |
| Loan Type | Ground-Up Construction – Construction Completion – Build-to-Flip – 1st & 2nd Trust Deeds |
| Loan-to-Value | Up to 60% LTV/CLTV of ARV (After Repair Value) OR up to 75% LTC (Loan-to-Cost), whichever is less |
| Timeline to Fund | Fast Funding – Typically 7–14 Business Days (after due diligence) |
| Terms | 1–3 Years – Interest Only Payments |
| Occupancy | Non-Owner Occupied Residential (Business Purpose Only), Owner User on Multi-Family or Commercial ok |
| Underwriting | Equity-Driven – Bank Statements – No Tax Returns Required (other docs may apply) |
| Property Valuation | Appraisal Required with After Repair Values |
| Interest Rates | 1st Trust Deeds from 9.99% – 2nd Trust Deeds from 12.50%* |
| Points & Fees | 2+ Points plus Underwriting & Valuation Fees starting at $3,495+ |
| Funds Control | Required – Construction Draw Management |
| FICO | FICO > 620 – BK – NOD – Foreign National – Self Employed Considered |
Who This Program Serves
- Ground-up developers
- Investors building to flip or hold
- Builders completing stalled or partially finished projects
- Borrowers with maturing conventional construction loans
- Investors needing short-term bridge capital before refinance or sale
What Makes Our Construction Program Different
Equity-Focused Underwriting
Lending decisions are primarily based on asset value, equity position, and project feasibility — not traditional income documentation.
Speed & Certainty
Same Day Term Sheets. Quick approvals. Closings often occur in days, not months.
Flexible Capital Structure
Available in 1st or 2nd position for acquisition plus construction or completion financing.
Structured Draw Process
Managed funds control ensures professional construction disbursements and accountability.
Strategic Advantages for Borrowers
- Build Without Delay
Avoid missed project deadlines caused by conventional bank overlays. - Liquidity During Construction
Interest-only payments preserve cash flow while the project is under development. - Bridge-to-Exit Strategy
Ideal for transitioning into permanent financing or selling upon completion. - Solutions for Complex Borrowers
Low FICO – BK – NOD – Foreign National – Self Employed
“Yes, We Can!”
Why Mortgage Vintage for Construction Loans in California?
✓ Same Day Term Sheets – Professional Service
✓ Easy Loan Submission – Quick Appraisal – 7 Day Fundings
✓ Fast Construction Draws and Inspections
✓ Flexible and Transparent Loan Process
✓ Funding Based on Committed Terms
✓ Surety of funding through CrowdTrustDeed’s secure online marketplace
✓ Se Habla Español
All loans must be secured by California real estate.
Contact:
Sandy MacDougall – (949) 763-3982 – sandy@mortgagevintage.com
