Loading
Loading
Winters is a small agricultural town in Yolo County with limited housing inventory. Building new is often the only way to get exactly what you want here.
Construction loans finance the build, then convert to a permanent mortgage at completion. That two-phase structure is different from a standard purchase loan.
680 (typical)
Min Credit Score
20–25%
Down Payment
12–18 months
Typical Loan Term
Required
Builder Approval
Usually variable during build
Rate Type
Construction Loans in Winters
Most construction lenders want a 680+ credit score. Some go as low as 620, but you'll pay for it in rate.
Expect to put 20-25% down. Lenders see construction as higher risk than a finished home.
Local decision guide
Use this guide to connect construction loans eligibility, lender expectations, and local market factors before comparing payment options in Winters.
Winters is a small agricultural town in Yolo County with limited housing inventory. Building new is often the only way to get exactly what you want here.
Construction loans finance the build, then convert to a permanent mortgage at completion. That two-phase structure is different from a standard purchase loan.
Most construction lenders want a 680+ credit score. Some go as low as 620, but you'll pay for it in rate.
Not every lender does construction loans. Many banks and retail lenders simply don't offer them.
SRK CAPITAL works with 200+ wholesale lenders. We find the ones who actively want construction deals in Yolo County.
Your builder's approval matters as much as yours. Lenders vet the contractor before they approve a dollar.
Draw schedules are how funds get released during the build. Know how your lender handles them before you sign anything.
A bridge loan can fund a gap but won't finance a full build. Construction loans are purpose-built for ground-up projects.
Hard money moves faster but costs significantly more. If you have time to qualify, a construction loan wins on rate.
Winters sits in an agricultural zone. Lenders scrutinize lot size, land use, and well or septic systems closely.
Yolo County permitting timelines can stretch your build schedule. Build buffer time into your loan term.
You borrow to fund the build in stages, then refinance into a permanent mortgage. Some lenders offer a one-time-close that skips the second loan.
It depends on zoning and lender guidelines. Agricultural parcels add underwriting complexity — not every lender will touch them.
Yes. Lenders require a licensed, insured builder. Owner-builder loans exist but are rare and harder to qualify for.
Most lenders want 680 or higher. Below that, options shrink and rates go up. Rates vary by borrower profile and market conditions.
Usually 12 months. Some lenders offer 18-24 months for larger projects. Yolo County permitting delays make longer terms worth asking about.
Draws are phased fund releases tied to build milestones. A lender with flexible draws keeps your builder paid and your project moving.