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(877) 214-2243
CA Contractor License #589184

The process of getting a residential home or construction loan is tedious and downright difficult at times. Our clients have described it as daunting, confusing, and time-consuming.

Since we complete so many home building and renovation projects each year, we’ve gained considerable insight into your various loan options. So, to be helpful, we’ve provided you with a summary of the various construction-related loan programs available in the marketplace.

Although just a high-level overview, this information should be a beneficial place to start to better understand your financing options.


Second Mortgage New Construction / Renovation Financing:

  • Is a hybrid loan and offered by only a few specialized lenders
  • Offers additional leverage above and beyond the loans previously noted, and the lender is secured by a 2nd deed of trust on the property
  • Structured as short-term bridge loans with the expectation that both the 1st and 2nd mortgage loans will be repaid through a refinance of the property upon completion of construction
  • Particularly beneficial in areas where property values are high (such as the San Francisco Bay Area)
  • Available to both investors and homeowners and can be used for both purchase and refinance for either new construction or renovations
  • Range from $25,000 as a minimum to over $1,000,000 based on the financial strengths of the client
  • Can offer up to 100% financing on the total cost of a project (as calculated as a combination of the 1st mortgage and 2nd mortgage) but no more than 80% of the completed value of the home the rates for these loans can vary based upon the financial strength of both the project and the borrower


Construction Loan Questions? We’re Here to Help.

California Construction and Renovations, Inc. is one of few all-encompassing residential general contracting companies in the Bay Area and Sacramento / Central Valley areas. We do everything from initial property surveys to custom home-building and renovations to post-project follow-up reviews on our projects.

If you have any questions, whether they be on loans or our services, please give us a call at 877-214-2243 today! We look forward to speaking with you soon.