Question 1

How does a construction loan work in Isleton?

Accepted Answer

The lender funds your build in draw stages. After completion, the loan converts to a standard mortgage.

Question 2

Can I use a construction loan on a Delta waterfront lot?

Accepted Answer

Yes, but expect stricter terms. Flood zone designation affects the lender's requirements and your insurance costs.

Question 3

Do I need a contractor before applying?

Accepted Answer

Yes. Most lenders require a licensed, vetted contractor and approved plans before approving construction financing.

Question 4

What credit score do construction lenders require?

Accepted Answer

Most want 680 or above. Lower scores limit your lender options significantly, especially for rural Sacramento County builds.

Question 5

Can I act as my own general contractor?

Accepted Answer

Rarely. Most construction lenders require a licensed third-party contractor. Owner-builder programs exist but are harder to find.

Question 6

What happens if my build goes over budget?

Accepted Answer

You cover overages out of pocket. Lenders don't increase the loan mid-build, so a cash reserve is critical.

Construction Loans in Isleton, CA — Build on the Delta