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STEPS TOWARD CONSTRUCTION LOAN PLANNING

  • Plan location

  • Check with building authority to determine your lot selection is compatible with local zoning codes and ordinance(s)

  • Obtain written setback and zoning requirements

  • Determine cost of construction permits, school permits, sewer and utility connection charges.

  • If a septic system will be used, consider hiring an environmental consultant or engineer to assist with water and sewage requirements

  • Select your architect or engineer to draw the plans

  • Select your contractor

  • Submit plans to government authority for permit to build

  • Submit copy of approved plans, with copy of contractors license, evidence of contractors insurance, and liability policy to contruction lender

  • Discuss terms of your custom construction loan with the lender and time necessary to complete the construction project
More Information On Home Building

CONSTRUCTION TO PERMANENT LOANS
SELECTING A CONTRACTOR
REQUESTING AND REVIEWING BIDS
CONTRACTING WITH YOUR BUILDER

Residential Home Loans
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Diablo Funding Group
1901 Olympic Blvd., Suite 300
Walnut Creek, CA 94596
Residential Home Loans
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Financing the Construction of Your New Home
Understanding Terms - Mortgage Glossary
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