Building in California takes patience. Permits, plan review and builder schedules all take time, so it pays to line up financing early.
I'm licensed in California, and I work with buyers building in custom homes, rebuilds on existing lots and teardowns across Northern and Southern California.
How it works in California
It's one loan, with one closing. You close before the build starts and make interest-only payments while the house goes up. When it's finished, the loan converts to your permanent mortgage. There's no second closing.
My team runs the draws in-house. As each stage is finished and inspected, the draw is paid directly to your general contractor, and you and your builder deal with the same people the whole way.
What's eligible
- Primary homes, second homes and investment properties
- Land you already own can count toward the build
- Teardowns and rebuilds
- Assets can be used as income (full documentation loan)
- Modular homes are not eligible
How it works, step by step → FAQ →
Neil Bourdelaise, NMLS #476326. NFM Lending, LLC dba Main Street Home Loans, NMLS #2893. Licensing: NMLS Consumer Access.