Ground-up · Spec · Heavy rehab
← All programsConstruction loans in California, explained.
Capital structured around draws, trades, and real site sequencing.
Licensed California broker
NMLS ID 2743839 · DFPI 60DBO-211586
- Loan size
- $250K – $10M+
- Term
- 12 – 24 mo
- LTC max
- Up to 90%
- LTV max
- Up to 70% ARV
What are construction loan terms?
Construction financing arranged by NexWin Capital Corp. through its lending partners: Capital structured around draws, trades, and real site sequencing.
- Loan size
- $250K – $10M+
- Term
- 12 – 24 mo
- LTC max
- Up to 90%
- LTV max
- Up to 70% ARV
- This is a ground-up construction loan, the category this program sits inside.
- Hard money lenders in California — who puts up the capital, and how a broker places a file with one.
Construction loans are short-term capital sized around what you're building, not just what the lot is worth today.
Unlike a conventional purchase loan, a construction loan funds both the land (or existing structure) and the vertical build. The lender sizes the loan around the project's total cost and the value the finished project will have, not just the property's value on day one.
Money doesn't drop all at once. Funds are released through draw schedules tied to construction milestones, foundation, framing, mechanical, finishes, so the lender is always secured against completed work.
NexWin Capital Corp. brokers these loans to lenders who specialize in builder-friendly structures. We package your project for the right lender so the draw cadence actually matches how your subs, trades, and timeline work.
An honest comparison
Bank construction loan or private construction capital?
Both fund the build. They differ in what gets underwritten, and how fast a yes arrives.
Strong when time is loose and documentation is complete.
- Usually the lowest cost of capital if you qualify and can wait out the process.
- Construction-to-permanent structures suit owner-occupants planning to keep the home.
- Comfortable lane for W-2 borrowers with full financial documentation.
- A long banking relationship can carry weight on future projects.
Built for builders on a clock.
- Sized on the project, total cost and finished value, not just your tax returns.
- Draw schedules negotiated around your subs and real sequencing.
- An initial answer typically within days rather than weeks.
- Made for spec, investor, and heavy-rehab scenarios banks routinely decline.
Honest answer: if you have time, full documentation, and an owner-occupied project, price a bank first, then compare. If the deal needs to move, this is our lane. Either way, the two-minute fit check tells you where you stand before anyone pulls credit.
The numbers, without the jargon.
Draw · Draw schedule
Construction loans release funds in stages as work is completed and inspected. A typical draw schedule has 5–10 stages mapped to milestones.
Foundation → 15%, framing → 20%, MEP rough-in → 15%, etc.
Construction milestone
Selected construction model stage: Foundation.Construction finance glossary
Every term in the programme.
- LTC
Loan-to-Cost
The percentage of total project cost, land + hard costs + soft costs, the lender will finance. A 90% LTC means you bring 10% equity, the lender funds the rest.
On a $1.5M project, 90% LTC = up to $1.35M financed.
- LTV
Loan-to-Value
The percentage of the finished property's appraised value that the lender will lend against. Often expressed as LTV of ARV (after-repair value).
If the finished home appraises at $2M at 70% LTV max = up to $1.4M cap.
- ARV
After-Repair Value
The appraised value of the property after all construction is complete. The lender underwrites against this number to size the exit.
- Draw
Draw schedule
Construction loans release funds in stages as work is completed and inspected. A typical draw schedule has 5–10 stages mapped to milestones.
Foundation → 15%, framing → 20%, MEP rough-in → 15%, etc.
- Term
Loan term
How long you have before the loan matures. Construction loans are short-term, you refinance or sell at the end.
- Exit
Exit strategy
How the loan gets paid off: sale, refinance to a long-term loan, or bridge to a DSCR rental loan.
The process
How a deal moves through NexWin Capital Corp.
6 structured steps
YouPrequalify
Submit the short form, we review the scenario and confirm fit. Typically within 1-3+ business days.
YouDocument prep
Upload the construction package: plans, budget, schedule, permits, contractor info, financials.
NexWin Capital Corp.Lender placement
NexWin Capital Corp. packages the file and routes it to lenders whose appetite matches your scope, market, and experience.
LenderTerm sheet
You receive a formal term sheet. We walk through every line, rate, fees, draw schedule, reserves, covenants.
LenderUnderwriting + close
Appraisal, feasibility, title, insurance. Coordinated through closing with consistent updates.
LenderDraws during build
Submit draws as work completes. Inspector signs off, funds release to you (or directly to subs per your preference).
Representative deal
What a typical OC / LA ground-up build looks like through NexWin Capital Corp.
Representative numbers from a real Orange County / Los Angeles market scenario. Actual terms vary by scope, market, builder experience, and lender appetite. Draws release in stages as work is completed and inspected.
Deal snapshot
- Project
- Ground-up 3-bed custom SFR, Costa Mesa, infill lot, 14-month build
- Lot purchase
- $625,000
- Construction budget (hard + soft)
- $1,100,000
- Total project cost
- $1,725,000
Complete deal details
- Project
- Ground-up 3-bed custom SFR, Costa Mesa, infill lot, 14-month build
- Lot purchase
- $625,000
- Construction budget (hard + soft)
- $1,100,000
- Total project cost
- $1,725,000
- ARV (finished home)
- $2,350,000
- Loan structure
- ~85% LTC (~$1,465,000), well under 70% LTV of ARV
- Exit
- Sale at completion or refinance to long-term debt
- Time to close
- ~14 business days from complete file (for qualified scenarios)
What we'll need
Documents, per program.
NexWin Capital Corp. forwards your package to the lender. The sharper your file, the tighter your pricing. Upload these when you apply, or bring them to the call.
Required
Supporting (if applicable)
Why NexWin Capital Corp.
Speed, structure, rate, execution, certainty.
Five things you should be able to expect from a broker on this loan. Rewritten for how construction deals actually work.
SpeedFast initial read
Initial read typically within 1-3+ business days. We don't sit on files, builders lose schedules when capital lags.
StructureBuilt around the deal
Draw schedules sized around your trades and critical path, not a generic template that breaks on site.
Competitive RateCompetitive pricing
We shop lender appetite against your scope, experience, and ARV to land pricing that reflects the quality of the deal.
Getting it DoneGetting it done
One file, one contact, clear status. We stay in the loop through appraisal, title, and closing so nothing stalls.
CertaintyClarity up front
Plain answers on fit before you invest time on documentation. If it's not a clean fit, you'll know day one.
Common questions.
What is a private construction loan?
A private construction loan is short-term financing for ground-up builds, spec projects, or heavy rehabs, sized against the total project cost (land plus build) and released through draws as construction stages complete. It is underwritten around the project and the builder's plan rather than W-2 income.
Can I finance the lot and the build in one loan?
Yes. Most construction loans include land acquisition as part of the total project cost and are sized against LTC.
Do I need to be a licensed GC?
Not always, owner-builder scenarios are possible depending on the lender, experience, and project size. We match you to lenders whose programs fit your setup.
How long do draws take?
For qualified scenarios on active loans, typical turnaround is 3–7 business days from draw request to funding, the variables are inspection schedule and the lender's workflow.
How much equity do I need to bring?
Programs run up to 90% LTC, so plan on roughly 10% of total project cost from your side, plus reserves for interest carry. Land you already own can count toward the equity side of the stack.
What happens at each draw?
Work completes, the lender inspects, funds release. A typical schedule runs 5–10 stages mapped to milestones, foundation, framing, MEP rough-in, finishes, so the loan is always secured against completed work.
Still have questions? Send us the scenario, we'll give you an honest read on fit typically in 1-3+ business days.
Different scenario?
More on construction capital, from the field.
Check our claims against the primary source.
Construction financing here is business-purpose credit. The rules that govern it, and the government-backed programs worth comparing before you commit, are published. These links go to the official pages, not summaries of them.
Our notes are plain-language explanations, not legal or tax advice. For your situation, talk to your own counsel or tax professional.
- Consumer Financial Protection Bureau“What is a construction loan?” — ask the CFPB (opens in a new tab)
The CFPB's plain-language definition: a construction loan is short-term financing that covers the cost of building or rehabilitating a home, typically disbursed in stages as work completes.
Reviewed Jul 2026 - Consumer Financial Protection BureauRegulation Z §1026.3, exempt transactions (opens in a new tab)
Credit extended primarily for a business or commercial purpose is exempt from Regulation Z (Truth in Lending), the consumer-mortgage disclosure regime does not generally apply to business-purpose loans like these.
Reviewed Jul 2026 - California Department of Financial Protection and InnovationCalifornia Financing Law (finance lenders & brokers) (opens in a new tab)
Finance lenders and brokers operating in California are licensed under the California Financing Law, administered by the DFPI, the regime NexWin Capital Corp.'s CFL license (60DBO-211586) is issued under.
Reviewed Aug 2026 - Nationwide Multistate Licensing SystemNMLS Consumer Access. NexWin Capital Corp. (ID 2743839) (opens in a new tab)
Look us up yourself: NMLS Consumer Access is the public registry where you can verify NexWin Capital Corp.'s record under NMLS ID 2743839.
Reviewed Jul 2026
Tell us about the deal.
We’ll help determine whether it fits.
A short prequalification to see if your scenario may be a fit. No commitment, just a clear read.
NexWin Capital Corp. is the licensed broker, not the lender, we package and place your file.
Your first read is a manual review by a person, nothing is auto-decisioned.
Your file goes to lenders only at placement, after documents are prepped and you’ve agreed on direction.
Fee and compensation disclosures live on the disclosures page.