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Mountain View sits in one of California's most land-constrained markets. Building new makes sense when existing inventory is tight and prices are steep.
Santa Clara County land costs are high. Your construction budget needs to account for that before you break ground.
680+
Min Credit Score
20-25%
Down Payment
12-18 Months
Build Phase Term
Required
Builder Approval
Variable During Build
Rate Type
Construction Loans in Mountain View
Most lenders want a 680 credit score minimum for construction loans. Some require 700 or higher depending on the project size.
You'll need 20-25% down in most cases. Lenders see construction as riskier than a standard purchase — they price that in.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in Mountain View.
Mountain View sits in one of California's most land-constrained markets. Building new makes sense when existing inventory is tight and prices are steep.
Santa Clara County land costs are high. Your construction budget needs to account for that before you break ground.
Most lenders want a 680 credit score minimum for construction loans. Some require 700 or higher depending on the project size.
Most retail banks offer construction loans but with strict overlays. Wholesale lenders often have more flexible programs for complex builds.
We work with 200+ wholesale lenders. That matters here — not every lender will finance a tear-down-and-rebuild in a high-cost Silicon Valley zip code.
The biggest mistake I see: borrowers underestimate soft costs. Permits, architect fees, and engineering in Mountain View add up fast.
Construction-to-permanent loans save you from closing twice. One closing, one set of fees — that's the structure most borrowers should be targeting.
Bridge loans work if you own land and need short-term capital. Construction loans are structured for phased funding over the build timeline.
Hard money is faster but far more expensive. It works for experienced investors — not the typical owner-occupant building in Mountain View.
Mountain View has strict permitting requirements. City approval timelines can affect your draw schedule and loan term length.
Santa Clara County is a high-cost area. Jumbo construction loans are often necessary — standard conforming limits won't cover most new builds here.
Funds release in stages called draws as construction milestones are met. Most loans convert to a permanent mortgage when the build is complete.
You pay interest only on funds drawn during construction. Full principal and interest payments start after the loan converts to permanent.
Most run 12 to 18 months for the build phase. Mountain View permitting timelines can push that — plan for extensions.
Yes, but lender approval depends on the land value and project scope. Not every lender will do teardown-rebuilds in high-cost zip codes.
Most lenders start at 680. Larger projects in Santa Clara County often require 700 or higher depending on loan size.
Yes. Your builder must be licensed, insured, and approved by the lender before funds are released. Vet your contractor early.