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Lemoore sits in Kings County with more buildable land than most Central Valley cities. That makes construction loans a real option here, not a last resort.
Existing inventory in small Central Valley markets is often thin. Building lets you skip the bidding wars entirely.
680+
Min Credit Score
20–25%
Typical Down Payment
Up to 12 months
Construction Phase
One- or two-time close
Loan Structure
Interest-only draws
During Build
Construction Loans in Lemoore
Most lenders want a 680+ credit score for construction loans. Some go lower, but you'll pay for it in rate and reserve requirements.
Expect to put down 20-25%. Lenders see construction as higher risk than a finished home. Reserves matter too — most want 6 months of payments in the bank.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in Lemoore.
Lemoore sits in Kings County with more buildable land than most Central Valley cities. That makes construction loans a real option here, not a last resort.
Existing inventory in small Central Valley markets is often thin. Building lets you skip the bidding wars entirely.
Most lenders want a 680+ credit score for construction loans. Some go lower, but you'll pay for it in rate and reserve requirements.
Not every lender does construction loans. Banks pull back from them fast when markets shift. Wholesale lenders through a broker often have more consistent programs.
SRK CAPITAL works with 200+ wholesale lenders. We find who's actually closing construction deals in Kings County right now — not who has a brochure for it.
The one-time close construction loan is what most Lemoore buyers should look at first. You lock rate and terms once, then draw funds during the build.
Two-time close loans give more flexibility if your plans might change. You refinance into permanent financing after completion. Rate risk is real with that structure.
Bridge loans can fund land purchase and early construction costs. But they're short-term and expensive. Construction loans are purpose-built for this.
Hard money moves faster but costs far more. If you qualify for a conventional construction loan, that's almost always the better path in Lemoore.
Lemoore is home to NAS Lemoore, one of the largest naval air stations on the West Coast. VA construction loans are an underused option for active-duty and veteran borrowers here.
Kings County permitting and local contractor availability affect your timeline. Lenders fund draws based on inspections. Delays cost money — vet your builder before you apply.
Yes, VA construction loans exist and are a strong fit near NAS Lemoore. Not all lenders offer them, so you need a broker who knows which ones do.
Most construction phases run 12 months. After that, the loan converts to a permanent mortgage — or you refinance if you did a two-time close.
Yes, but only on funds drawn so far. Payments are interest-only during the build, which keeps costs lower while the home goes up.
Yes. Lenders require your contractor to be licensed and insured. Many also review the builder's track record before approving the loan.
Cost overruns are your responsibility. Build a contingency buffer into your plan — most experienced lenders recommend at least 10% over your estimate.
Yes. Many construction loans cover both land acquisition and building costs. The land often serves as part of your equity contribution.