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San Juan Capistrano sits in one of Orange County's most sought-after corridors. Lots are scarce, so many buyers build rather than wait for the right resale.
Construction lending is different from a standard purchase. You draw funds in stages as work progresses, then convert to a permanent mortgage at completion.
680 Typical
Min Credit Score
20% Required
Down Payment
12–18 Months
Build Phase Term
200+ Wholesale
Lender Network
Construction Loans in San Juan Capistrano
Most lenders want a 680 credit score minimum for construction loans. Some go higher — 720 is common for the best terms.
Expect a 20% down payment requirement. Lenders need skin in the game before they fund a project that doesn't exist yet.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in San Juan Capistrano.
San Juan Capistrano sits in one of Orange County's most sought-after corridors. Lots are scarce, so many buyers build rather than wait for the right resale.
Construction lending is different from a standard purchase. You draw funds in stages as work progresses, then convert to a permanent mortgage at completion.
Most lenders want a 680 credit score minimum for construction loans. Some go higher — 720 is common for the best terms.
Most retail banks offer construction loans but have rigid requirements. Wholesale lenders give us more flexibility on project types and borrower profiles.
We work with 200+ wholesale lenders. That matters here — not every lender will finance custom builds in high-value Orange County zip codes.
The draw schedule kills more construction deals than rates do. Get a contractor who can document progress fast — lenders won't release funds without inspections.
One-time-close construction loans lock your rate upfront. Two-time-close loans let you shop for permanent financing later. Each has a real trade-off worth discussing.
Bridge loans work if you own land and need short-term capital to start. Hard money moves faster but costs more and carries shorter terms.
Conventional construction loans are cheapest when you qualify. Jumbo construction products cover San Juan Capistrano's higher price points without blinking.
San Juan Capistrano has strict design review requirements. Your plans must clear city approval before most lenders will even open a file.
The city's historic district adds another layer. Building near the mission corridor means additional review — budget extra time into your timeline.
You borrow funds in stages as construction milestones are met. At completion, the loan converts to a standard mortgage.
Most lenders require 680 minimum. Better terms typically start at 720. Rates vary by borrower profile and market conditions.
You need a licensed general contractor. Lenders vet the contractor as part of approval — this isn't optional.
It combines the construction loan and permanent mortgage into one closing. Your rate locks upfront, removing end-of-build rate risk.
Most run 12 to 18 months during the build phase. Extensions are possible but cost extra and require lender approval.
Yes. Major renovation projects can qualify. The scope must be significant — lenders won't use construction products for minor updates.