Question 1

Can I be my own general contractor in Ceres?

Accepted Answer

Some lenders allow owner-builders, but most require a licensed GC. Owner-builder approvals are harder to find and carry stricter requirements.

Question 2

How long is a typical construction loan term?

Accepted Answer

Most run 12 months. If your build takes longer, you'll need an extension — and not all lenders grant them easily.

Question 3

Do I make payments during construction?

Accepted Answer

Yes, but only interest on what's been drawn. Your full mortgage payment starts after the loan converts to permanent financing.

Question 4

What if construction costs go over budget?

Accepted Answer

You cover overages out of pocket. The loan amount is fixed at closing — lenders won't increase it mid-build.

Question 5

Does Stanislaus County have any builder incentives?

Accepted Answer

Check with the county directly for current programs. Incentives change, and we verify eligibility before factoring them into your plan.

Construction Loans in Ceres, CA — Build Instead of Buy