Want to build a home in California and need a loan?
Look no further than Valor Lending Group, we can help you fund the ground-up construction of a custom or spec home.
Our lenders are willing to allow high Loan to Cost ratios to help you cover all your construction expenses. Contact us today to learn more details about our vast array of loan programs.
Ground-Up Spec Home:
– Up to 80% LTC (Loan to Cost of total project is “as-is” value of property plus construction budget)
– Rates as low as 1% over Prime (currently 5.25% interest only payments during construction)
– Flexible terms: 12-24 months depending on your construction timeline.
– Flexible draw schedule
Ground-Up Custom Home Construction:
– Up to 90% LTC (Loan to Cost of total project)
– Rates as low as .5% over Prime (currently 4.75% interest only payments during construction)
– Flexible terms: 12-24 months depending on your construction timeline.
– Flexible draw schedule
– One-time close option (we lock in your 30-year loan interest rate today with no additional qualifications or appraisal upon completion!)
I want to help you get a loan, contact me today to get a free quote and consultation on your loan request.
Camille Patterson /Valor Lending Group / 858-732-2320 / CPatterson@ValorLending.com
Check out some of my latest blog post: Buying a home in California?
Recap of our Loan Products:
2). Foreign Nationals Loans (no social security or residency required) 35% down / Foreign passport / Document income outside US
3). Hard Money Loans (28-35% down / minimal documentation) Fund in 7-10 days. 480+ credit score
4). Raw Land and Construction (Bridge Loans) including Spec Home! 75% loan to cost (cost of land and construction budget)
5). 3% down Conventional (Lender paid PMI)
7). Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
8). Flipper Loans (Flip a property with one of our many options) 30% down we finance acquisition and rehab funds / 1-2 year terms
9). 10.1% down Jumbo’s with NO MI up to $2.5mm
10). Manufactured Housing / Mobile Homes (20% down / 620+ credit score) must be tied to real property/Must be at least double wide/Must be built after June 15th 1996 /
11). Acreage Properties
12). Commercial Loans up to $100mm / Purchase and Refinance Loans 25-35% down depending on property, credit etc. (Almost all property types)
We also offer:
1). 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans (under $424k) 30 year fixed
2). High Balance Conforming aka Super Conforming (from $424k-$636k) 30 year fixed
3). Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $2.5mm
4). FHA, VA, USDA
5). ARM’s
6). Reverse mortgages up to $10 Million Value
7). Refinance including Cash Out
I am able to take a Loan Application on a moment’s notice & will be happy to provide Pre approval letters.
Please do not hesitate to call on me on each and every scenario and we will ID best programs.
Camille Patterson
Loan Officer
CaBRE# 02035349
NMLS# 1517035
Valor Lending Group
‘Pride in Lending’
Diamond View Tower
350 10th Ave – 10th Floor
San Diego, CA
Direct: (858) 732-2320
Office: (619) 344-2640
Fax: (619) 872-2400
web: www.valorlending.com
cpatterson@valorlending.com
