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Solana Beach's coastal market draws builders and custom-home buyers. San Diego County's median household income of $102,285 supports construction projects across the price range.
Construction financing works differently than traditional mortgages. You close on the lot, then the lender funds draws as building progresses.
620+
Minimum FICO
10% to 25%
Down Payment Range
$1,104,000
2026 Conforming Limit
30–45 days
Underwriting Timeline
Construction Loans in Solana Beach
Construction loans typically require 620+ FICO, though 680+ improves terms. Down payments range from 10% to 25% depending on lender and project scope.
The county's median household income of $102,285 sets your debt-to-income baseline. Lenders review your building contract, contractor credentials, and the completed-home appraisal.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in Solana Beach.
Solana Beach's coastal market draws builders and custom-home buyers. San Diego County's median household income of $102,285 supports construction projects across the price range.
Construction financing works differently than traditional mortgages. You close on the lot, then the lender funds draws as building progresses.
Construction loans typically require 620+ FICO, though 680+ improves terms. Down payments range from 10% to 25% depending on lender and project scope.
Construction lending in California is more specialized than purchase mortgages. Fewer lenders offer these programs, and underwriting takes longer because the property doesn't yet exist.
Most construction loans include a draw schedule tied to building milestones. Your lender inspects the property at each stage before releasing funds.
Construction loans make sense in Solana Beach when you've found the right lot and contractor. The 2026 conforming limit of $1,104,000 covers most custom builds in the area.
If you're uncertain about final home value or contractor timeline, a purchase might be simpler. Construction loans reward clear plans and solid contractor relationships.
Construction loans differ from purchase mortgages in timing and structure. With a purchase loan, you close on an existing home immediately; with construction, you close on the lot first.
A construction-to-permanent loan converts to a standard mortgage once building finishes. This approach requires more upfront coordination with your lender than a purchase.
San Diego County just completed its biggest year of low-income housing construction. This building momentum supports custom-home projects in Solana Beach with reliable contractor availability.
Coastal Solana Beach attracts builders focused on quality finishes and energy efficiency. The active construction environment means your contractor will find skilled labor readily available.
A construction loan funds your build in stages as work progresses. Once complete, you refinance into a permanent mortgage.
Expect 30–45 days for construction underwriting. The lender reviews your contractor, building plans, and lot appraisal before approving draws.
Yes. A construction-to-permanent loan funds your build, then converts to a standard mortgage at completion. This avoids a second closing.
Most lenders require 10% to 25% down on construction loans. Stronger credit and a solid contractor relationship may lower this requirement.
Yes. The 2026 conforming limit in San Diego County is $1,104,000. Construction loans are available at that limit.