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Highland sits in the San Bernardino foothills with land options that most coastal cities can't offer. If you want to build new, this area gives you real choices.
Inventory in Highland has historically leaned toward older stock. Building lets you skip the compromise and get exactly what you need from the ground up.
680+
Min Credit Score
20%
Typical Down Payment
12 months
Typical Build Window
Yes
GC License Required
Interest-only draws
Rate Type During Build
Construction loans are harder to qualify for than standard purchase loans. Lenders want a 680+ credit score, 20% down, and a licensed general contractor lined up before you apply.
You'll also need approved plans and a detailed construction budget. Lenders don't just approve you — they approve your project too.
Most retail banks offer one construction loan product. That's a problem when your project doesn't fit a cookie-cutter mold.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means we can match your specific build — custom home, ADU, or major renovation — to the right program.
The biggest mistake builders make is waiting to get financing. Line up your loan before you finalize your lot purchase or GC contract.
One-time-close construction loans convert to a permanent mortgage at completion. You lock once and skip a second round of closing costs.
A bridge loan can help you buy land while you arrange financing. But it's short-term and expensive — not a substitute for a real construction loan.
Hard money is another option some builders use. It closes fast but carries higher rates and shorter terms. It's a last resort, not a first call.
San Bernardino County permitting timelines can run longer than you expect. Build extra time into your loan term — most lenders allow 12 months to complete.
Highland's hillside lots may require soils reports and engineered foundations. Those add to your budget and your lender will want them documented upfront.
Funds are released in draws as construction milestones are met. You pay interest only during the build, then convert to a permanent mortgage at completion.
Yes. Major renovations and ADU builds can qualify. Your lender will want plans, permits, and a licensed contractor before approving.
Most lenders require at least 680. Some programs go lower, but expect stricter terms. Rates vary by borrower profile and market conditions.
Most construction loans allow 12 months. San Bernardino County permitting delays can eat into that — plan your timeline conservatively.
It combines your construction loan and permanent mortgage into one closing. You avoid a second appraisal and a second set of closing costs.
Not always. Some programs let you finance land and construction together. Confirm lot ownership requirements with your lender before moving forward.
Construction Loans in Highland