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Beaumont is one of the fastest-growing cities in Riverside County. New construction is everywhere, and land is still available at prices that make building pencil out.
That combination is rare in Southern California. A construction loan lets you control the build instead of settling for whatever's listed.
680+
Min Credit Score
20–25%
Typical Down Payment
12–18 months
Typical Loan Term
1 closing available
Closings (One-Time)
Interest-only draws
During Build
Construction Loans in Beaumont
Most lenders want a 680 credit score minimum for construction loans. Some go higher. This isn't a forgiving loan type — lenders are funding something that doesn't exist yet.
Expect to put 20–25% down. You'll also need approved plans, a licensed contractor, and a realistic budget before anyone writes a check.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in Beaumont.
Beaumont is one of the fastest-growing cities in Riverside County. New construction is everywhere, and land is still available at prices that make building pencil out.
That combination is rare in Southern California. A construction loan lets you control the build instead of settling for whatever's listed.
Most lenders want a 680 credit score minimum for construction loans. Some go higher. This isn't a forgiving loan type — lenders are funding something that doesn't exist yet.
Construction lending is a specialty product. Most retail banks offer it, but their guidelines are rigid and their draw processes are slow.
Wholesale lenders we work with have more flexible build timelines and faster inspector draws. That matters when your contractor is waiting on funds.
The biggest mistake I see is borrowers underestimating the budget. Lenders will require a contingency reserve — usually 10–15% of the build cost. Build that in early.
Also, interest is only charged on drawn funds during construction. Your payment starts small and grows as the build progresses. That part surprises people.
A construction-to-permanent loan wraps the build and the mortgage into one closing. A stand-alone construction loan requires a second closing when the home is done.
One closing saves money and reduces risk. But if rates drop during your build, two closings let you lock at completion. Know what you're trading before you choose.
Beaumont sits in a Riverside County growth corridor. Permit timelines through the city can run longer than coastal cities — factor that into your loan term.
The Pass area has active HOAs and CC&Rs in many neighborhoods. Your plans need HOA approval before the lender will even look at them.
Most run 12 months. Some lenders offer 18-month terms. Beaumont permit timelines make the longer option worth asking about.
Almost never with a conventional construction loan. Lenders require a licensed, insured GC with a track record they can verify.
Yes, but only interest on funds drawn so far. Your full payment starts after the loan converts to permanent financing.
You cover it out of pocket. Lenders don't increase the loan mid-build, which is exactly why a contingency reserve matters.
Yes. Lenders carry more risk on an unbuilt home. Expect stricter credit, higher reserves, and more documentation requirements.
Yes, but it depends on the lender program. Some allow ADU construction as part of a new build. Ask us which lenders cover this.