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San Anselmo sits in one of Marin County's most sought-after corridors. Buildable lots and teardown candidates here command serious prices.
New construction makes sense when existing inventory doesn't meet your needs. In this town, that's more common than you'd think.
680+ recommended
Min Credit Score
20–25%
Typical Down Payment
12–18 months
Typical Loan Term
Licensed & approved
Contractor Required
Variable during build
Rate Type
Construction Loans in San Anselmo
Construction loans are harder to qualify for than standard mortgages. Lenders want strong credit — typically 680 or better — plus significant reserves.
You'll need a licensed contractor, approved plans, and a detailed budget before any lender commits. Expect a down payment of 20% or more.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in San Anselmo.
San Anselmo sits in one of Marin County's most sought-after corridors. Buildable lots and teardown candidates here command serious prices.
New construction makes sense when existing inventory doesn't meet your needs. In this town, that's more common than you'd think.
Construction loans are harder to qualify for than standard mortgages. Lenders want strong credit — typically 680 or better — plus significant reserves.
Most retail banks offer construction loans but with rigid requirements. Wholesale lenders often have more flexible programs and better pricing.
At SRK CAPITAL, we shop across 200+ wholesale lenders. That means more program options for Marin County builds — not just whatever one bank offers.
The biggest mistake builders make: starting construction before locking financing. Cost overruns kill deals when your loan amount is already set.
Get your contingency budget right. Most experienced lenders in Marin want to see 10–15% built into your project budget before they'll approve.
A construction-to-permanent loan rolls the build and mortgage into one closing. A standalone construction loan requires a second close — and more fees.
Bridge loans can fund a lot purchase while you plan. Hard money moves faster but costs more. The right structure depends on your timeline and equity.
Marin County building permits take time. Environmental reviews, fire safety requirements, and design guidelines all add months to a project.
San Anselmo has its own architectural review standards. Factor permit timelines into your loan term — short construction loans can expire before you're done.
The lender releases funds in draws as construction milestones are met. At completion, the loan converts to a permanent mortgage.
Most lenders want 680 or higher. Stronger credit means better rates — rates vary by borrower profile and market conditions.
Typical terms run 12 to 18 months. Given Marin County permit timelines, ask about extension options before you sign.
Yes. Major structural renovations can qualify. The lender will require detailed plans, permits, and a licensed contractor.
You pay interest only on the funds drawn. Full principal payments start when the loan converts to a permanent mortgage.
It combines the construction loan and permanent mortgage into one closing. You avoid duplicate fees and a second qualification process.