Construction Loans in San Diego, California
Trinity Mortgage Fund has successfully funded $12.3 million in construction and new development projects across San Diego, including a $3.9 million single-family new construction loan and a $5.6 million multi-family new construction project. Our milestone-based draw schedule and in-house construction oversight ensure your project stays on track and properly funded throughout the build process.
$990K
Median Home Value
-0.0%
YoY Price Change
$22.2M+
Total Funded
11+
Deals Closed
Why Choose TMF for Construction in San Diego?
Trinity Mortgage Fund has successfully funded $12.3 million in construction and new development projects across San Diego, including a $3.9 million single-family new construction loan and a $5.6 million multi-family new construction project. Our milestone-based draw schedule and in-house construction oversight ensure your project stays on track and properly funded throughout the build process.
With San Diego's median home value at $990,000, the demand for quality construction financing remains strong despite the recent 3.4% year-over-year market adjustment. Our construction loans range from $1 million to $20 million with up to 70% of completed value financing, making us the ideal partner for spec builders, custom home developers, and investors tackling major renovations in premium neighborhoods like Mission Hills, Hillcrest, and Bankers Hill.
Construction Loan Terms
Max LTV
Up to 70% of completed value
Rate Range
10.99% - 13.49%
Term
12-24 months
Min Loan
$1M
Max Loan
$20M
Closing Time
14-21 days
Recent Deals in San Diego
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Summit Crest Circle
Residential Acquisition
$3,771,000
5811 Box Canyon Rd
Cash-Out Refinance
$2,500,000
722 Nantasket Ct
Single-Family New Construction
$3,850,000
Commerce
Bridge/Construction
$375,000
242 Playa Del Norte St
Multi-Family New Construction
$5,600,000
Mission Cliff
Fix and Flip
$1,060,000
San Diego Real Estate Market
San Diego's construction market presents unique opportunities as the median home value of $990,000 creates strong profit margins for quality builds, even with the recent 3.4% market correction creating more reasonable acquisition costs. Premium neighborhoods like Downtown, North Park, and Kensington continue to attract builders focused on single-family spec homes and small multifamily developments.
The city's strict development regulations and high land costs make experienced construction lenders essential for project success. Our recent funding of projects ranging from $400,000 bridge construction loans to $5.6 million multi-family developments demonstrates our ability to support the full spectrum of San Diego's construction market.
Neighborhoods We Serve in San Diego
Construction in San Diego: Frequently Asked Questions
What is the typical loan amount for construction projects in San Diego?
Trinity Mortgage Fund provides construction loans from $1 million to $20 million in San Diego. Our recent funded deals include a $3.9 million single-family new construction project and a $5.6 million multi-family new construction loan, reflecting the higher project costs in San Diego's premium market.
How quickly can I close on a construction loan in San Diego?
We typically close construction loans in San Diego within 14-21 days. Our streamlined process and local market expertise allow us to move quickly on time-sensitive opportunities, whether you're building in Downtown San Diego or developing in North Park.
What loan-to-value ratio do you offer for San Diego construction projects?
We provide up to 70% of the completed project value for construction loans in San Diego. With median home values at $990,000, this LTV ratio provides substantial leverage while maintaining appropriate risk management for both ground-up construction and major renovation projects.
Do you fund construction projects in all San Diego neighborhoods?
Yes, we actively lend in prime San Diego neighborhoods including Downtown, North Park, Hillcrest, Normal Heights, Kensington, Mission Hills, and Bankers Hill. Our recent $3.9 million single-family construction loan demonstrates our commitment to funding quality projects throughout the city.
What interest rates do you offer for San Diego construction loans?
Our construction loan interest rates in San Diego range from 10.99% to 13.49%, with terms typically spanning 12-24 months. The specific rate depends on project scope, borrower experience, and location within San Diego County.
How do construction draws work during the building process?
We provide milestone-based draw schedules with in-house construction oversight to ensure proper project progression. Our recent $5.6 million multi-family construction project utilized our systematic draw process, releasing funds as each construction phase was completed and inspected by our team.
Other Loan Types in San Diego
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