California Construction loans
Rates, points, loan sizing, leverage, and final terms are provided only after Grand Funding reviews the specific transaction. This website is not a commitment to lend.
Construction loans built for California deals
For a property in California, review the address and project on their own merits. Start with the lot, plans, permit status, builder, and work budget. Ask how inspections and draws would fit the build, and what costs must be paid before each draw.
Rates, points, loan sizing, leverage, and final terms are provided only after Grand Funding reviews the specific transaction. This website is not a commitment to lend.
Who this loan is built for
Contractor, experience, inspection, scope-of-work, and other project requirements are determined after review of the specific project. Construction and rehabilitation draw structure, milestones, inspections, and timing are determined for the specific project and are disclosed in writing. Common California use cases include fix-and-flip, ADU additions, 1031 exchanges, coastal short-term rentals.
Loan terms at a glance
- Loan sizing: Determined after deal review
- Rates and points: Provided after deal review
- Leverage: Determined after deal review
- → Term: Determined after deal review
- → Approval: 24-hour term sheet
- → Funding: 3-5 business days standard
- Credit, income, experience, and documentation requirements are determined after review of the specific transaction.
- → Coverage: Statewide in California, including California
Common questions from California investors
How are construction draws structured?
Construction and rehabilitation draw structure, milestones, inspections, and timing are determined for the specific project and are disclosed in writing.
Do I need a licensed GC?
Contractor, experience, inspection, scope-of-work, and other project requirements are determined after review of the specific project.
Can the loan finance both the lot and the build?
Yes. Most of our construction loans finance acquisition + build in a single instrument.
What happens if construction runs over budget?
We work with you. Cost overruns are funded as a loan modification or a small junior facility. Logan has been a builder himself — he plans for the messiness.
Have a California deal under contract?
Logan personally reviews every construction loan request. Term sheet in 24 hours.
