Wholesale pricing
Ground Up Construction Loan rates change daily — and the rate you’re quoted depends as much on who’s quoting as on the market. Banks quote their own rate sheet; CDL Mortgage shops multiple wholesale lenders on every ground up construction loan and shows you the best pricing across the market.
The fastest way to know your real rate is a quick scenario quote: your credit range, loan amount, and property details. We’ll price it across our lender panel the same day, with no credit pull required for an initial quote.
Credit score — higher scores unlock the best ground up construction loan pricing tiers; even a 20-point improvement can change your rate.
Down payment / equity — a lower loan-to-value means less lender risk and better pricing.
Loan amount & property type — loan sizing and single-family vs. condo or multi-unit both affect your rate.
Occupancy — primary residences price better than second homes and investment properties.
Points & credits — pay discount points for a lower rate, or take a lender credit toward closing costs.
Lock timing — rates move daily; we watch the market and lock when the timing is right for you.
Want an exact payment based on today's wholesale pricing? Talk to a licensed loan officer.
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
Questions
Financing for building on vacant land — it can cover lot acquisition plus the full vertical construction budget. Funds are advanced in inspected draws against the builder\u2019s schedule of values, with interest only on the drawn balance.
Commonly 15–25% of total project cost. If you already own the lot free and clear, its equity often counts toward your required contribution and can reduce cash to close substantially.
Experience helps and drives your leverage. Newer builders can qualify with a licensed, insured, experienced general contractor, a realistic budget, and more equity in the deal.
You submit a draw request as each stage completes. An inspector verifies the work, then funds are released — typically within a few business days — so the build never stalls waiting on money.
Yes. A single facility can fund the lot purchase and the build, and can be structured to roll into a permanent mortgage or an investor rental loan at completion.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.