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McFarland sits in Kern County's agricultural heartland. Buildable lots here are more accessible than in coastal California cities.
If you can't find the right existing home, building one may be your best path. Construction lending makes that possible.
680+
Min Credit Score
20%
Typical Down Payment
200+ Wholesale
Lender Network
Draw-Based Funding
Loan Structure
Construction Loans in McFarland
Construction loans are harder to qualify for than standard purchase loans. Lenders want a 680+ credit score and 20% down in most cases.
You'll need approved building plans, a licensed contractor, and a construction timeline before the lender will fund anything.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in McFarland.
McFarland sits in Kern County's agricultural heartland. Buildable lots here are more accessible than in coastal California cities.
If you can't find the right existing home, building one may be your best path. Construction lending makes that possible.
Construction loans are harder to qualify for than standard purchase loans. Lenders want a 680+ credit score and 20% down in most cases.
Most big retail banks offer construction loans but move slow and have rigid guidelines. Wholesale lenders through a broker often move faster.
We work with 200+ wholesale lenders. That means more construction loan programs and better terms than a single bank can offer.
The biggest mistake borrowers make is hiring a contractor before locking a lender. Do it backward and your deal falls apart.
Construction loans fund in draws — not all at once. Your contractor gets paid in stages as work gets inspected and approved.
A bridge loan can help if you own land and need short-term funding to start building. Hard money moves faster but costs more.
Conventional construction loans offer better rates but stricter requirements. Know your profile before choosing a product.
McFarland is a smaller Kern County city. Not every lender will underwrite construction in rural or semi-rural areas — this matters.
Kern County permitting and inspection timelines affect your draw schedule. Build delays can increase your interest carry costs.
You borrow funds that release in stages as construction milestones are met. At completion, the loan converts to a permanent mortgage.
Most lenders require 680 or higher. A stronger score gets you better rates — rates vary by borrower profile and market conditions.
Not always. Some programs let you roll land purchase and construction into one loan. Others require you to own the lot already.
Most lenders won't allow owner-builder arrangements. You'll typically need a licensed general contractor to qualify.
It's one loan that covers the build phase and then converts to a standard mortgage. You only pay closing costs once.
Some won't. Working with a broker who has access to multiple wholesale lenders gives you a better shot at finding one who will.