California Construction Loans
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Which loan is right for me?
Years
in the house
Recommended Program
1 - 3 3/1 ARM, 1year ARM or
6 month ARM
3 - 5 5/1 ARM
5 - 7 7/1 ARM
7 - 10 10/1 ARM, 30 year fixed or
15 year fixed


MONTEREY. County seat, Salinas. Created February 18, 1850. It derived its name from the Bay of Monterey. The word itself is composed of the Spanish words monte and rey, and literally means "king of the forest." The bay was named by Sebastian Vizcaino in 1602, in honor of the Conde de Monterey, the Viceroy of New Spain.

The Building Division provides Building and Grading permitting, plan checking, and inspection services.

Ensure compliance with Codes and Statutes. Review construction plans and drawings to ensure compliance with building, electrical, plumbing, and mechanical Codes and State Statutes for energy conservation and disability access. The review and approval of methods to reduce or correct earthquake damage associated by certain types of structures constructed prior to January 9, 1934, are also performed.

Nationwide Construction Loans, Inc. is approved with all of the major banks and Investors. Our experience and reputation along with our nationwide construction loan volume, has allowed us to develop strong relationships with all of our lenders over the years. We have positioned our business to pass these benefits from our access through our wholesale channels on to you. Depending on your qualifications, todays current and best available construction loan interest rates are based on the Prime Rate.

 

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Discover new construction loan "Inside Secrets"

Learn how to get the best construction loan, rate and terms. Discover the common mistakes made everyday in obtaining a construction loan.

Building your new custom built home starts with knowing what your broker, lender or bank are truly offering you. When you start shopping for your construction loan you could end up knowing more than your loan officer by reading the free down loadable e-book "Inside Secrets".

The weekly Inside Secrets" are designed to inform and enable you to find only the best financing available.

What The Experts May Not Tell You...

What the experts may not tell you... When building your new custom home having the inside knowledge can make all the difference between a great experience or a bad experience. This e-book is designed to put you in the home builder's driver seat. Enjoy!

What the experts may not tell you... Click Here


The Owner Builder Book

The Owner Builder Book Find out how you can save more than $100,000 in the construction of your custom home. What are the secrets to acting as your own general contractor to save money on the construction of your home? The Owner-Builder Book answers this questions and explains how you can act as your own general contractor in the construction of your own home.

The Owner Builder Book Click Here

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Tips For Saving Money On Builder’s Risk Insurance
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Tips For Saving Money On Builder’s Risk Insurance
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Construction Loan Update


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California Golden State Construction Loans

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10 Construction Loans Misconceptions

A land purchase can easily be added into the construction loan.
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Construction loan rates are the same as all mortgages.
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You have to make a payment during construction.
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Construction loans are just as fast and easy to complete as any loan.
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Most banks allow owner builder.
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The largest lenders have the best rates and programs.
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No money down construction loans are easily available.
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All banks value construction loan projects the same way by appraised loan to value.
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Most loan officers are capable of providing a construction loan.
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Going directly to a bank is less expensive than working with a broker.
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