Construction Loans California — Resolution Equity
Construction Loans
Finance the build of your dream home from the ground up — with a single loan that covers construction and permanent financing.
Key Benefits
- One-time close construction-to-permanent loans
- Interest-only payments during construction
- Funds disbursed in draws as work progresses
- Lock your permanent rate at closing
- Available for custom builds and spec homes
- New construction and major renovation
- Lot purchase can be included
- Licensed contractor required
About Construction Loans
Construction loans provide the funding needed to build a new home or complete a major renovation. Resolution Equity offers construction-to-permanent loans that convert to a standard mortgage once building is complete, as well as stand-alone construction loans. Our team guides you through every phase — from lot purchase to final certificate of occupancy.
One-Time Close vs. Two-Time Close
A one-time close loan combines the construction loan and permanent mortgage into a single closing, saving you time and closing costs. A two-time close involves separate closings for the construction phase and the permanent loan.
Draw Schedule
Construction funds are released in stages (draws) as work is completed and inspected. Your lender will coordinate with your builder to ensure funds are disbursed appropriately at each milestone.
Builder Requirements
Your contractor must be licensed, insured, and approved by the lender. We'll review your builder's credentials and construction contract as part of the loan process.
Questions About Construction Loans?
Our licensed team in Temecula is ready to walk you through your options and get you pre-qualified fast.