Build From the Ground Up

Ground-Up Construction Loans

Financing that takes a project from bare land to finished building, covering the lot purchase and the construction draws through completion.

📞 Call Me to Discuss: (707) 331-2441 Corrine Salazar-Rose · NMLS #2453071

How It Works

From Bare Land to Finished Building

A ground-up construction loan funds the purchase of land and the building process itself, for residential or commercial projects. Rather than handing over a lump sum, the lender releases money in draws as construction milestones are completed and inspected, which protects both you and them.

These loans are underwritten differently than a standard mortgage. Lenders want to see the plans, the budget, the builder, and a realistic timeline, because they're lending against a building that doesn't exist yet. As a Mortgage Solutions Specialist with NEXA Lending, I compare hundreds of lenders to find the one whose draw schedule, term, and requirements actually match the way your project is going to run.

Why Builders Choose Corrine

What You Get With Corrine Salazar-Rose

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Land and Build Together

Financing structured to cover the lot acquisition and the construction costs in one program instead of two separate loans.

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Draw Schedules That Work

Funds release as milestones complete, matched to how your builder actually invoices rather than a schedule that starves the job.

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Residential or Commercial

Single-family builds, multi-unit projects, and commercial ground-up developments all have programs built for them.

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A Plan for the Exit

Construction financing is temporary. We talk through the takeout, whether that's a sale or permanent financing, from day one.

The Process

A Simple, Straightforward Path From Lot to Keys

Bring Me the Project

The land, the plans, your budget, your builder, and your timeline.

Analyze

We review the numbers and what lenders will need before you're under contract.

Structure and Close

I match the project to a lender whose terms fit how you build.

Draw and Complete

Funds release as milestones clear, then we move you into your takeout financing.

Where I Help Builders

Construction Financing in California and Oregon

Corrine Salazar-Rose is licensed in California and Oregon, with the ability to assist clients in additional states as needed. Whether you're building one custom home or developing a multi-unit project, I'll help you find financing that fits the build.

📞 Call Me to Discuss: (707) 331-2441

FAQs

Frequently Asked Construction Loan Questions

Do I need to own the land already?

Not necessarily. Many ground-up programs finance the land purchase and the construction together. If you already own the lot outright, that equity often strengthens your position considerably.

How do construction draws actually work?

Money is released in stages as work is completed and verified, rather than all at once at closing. The specific schedule varies by lender, which is exactly why matching the right lender to your builder's invoicing rhythm matters so much.

Do I need a licensed builder and finished plans?

In most cases yes. Lenders typically want to see approved plans, a detailed budget, and a qualified general contractor before funding. If you're earlier than that in the process, call me anyway and I'll tell you what to line up first.

What happens when construction is finished?

Construction financing is short-term, so it has to be paid off at completion, either by selling the property or refinancing into permanent financing. We plan that exit at the beginning, not at the end.

Got a Project on the Board?

Call me and walk me through the site, the plans, and the budget. I'll tell you honestly what the financing looks like and what lenders are going to want to see.

📞 Call Me to Discuss: (707) 331-2441 Corrine Salazar-Rose · NMLS #2453071 · NEXA Mortgage LLC NMLS #1660690

Corrine Salazar-Rose is a Mortgage Solutions Specialist with NEXA Lending, helping buyers, investors, and homeowners in California and Oregon find the loan program that fits.