Big Spring, TX Lending
Ground Up Construction Loans in Big Spring, TX
Straight answers on ground up construction loans for Big Spring. Ground up construction loans in Big Spring, TX for investors, builders, and developers. Finance land acquisition and vertical construction together with loan-to-cost and ARV based leverage, interest-only payments during the build, inspected draws, and construction-to-permanent exits. CDL Mortgage structures the whole project.
Why CDL MTG
Why Big Spring borrowers choose us.
Personal service, many lenders to compare, and clear answers at every step.
Competitive Rates
Your scenario gets priced across many lenders, so you see real options instead of a single quote.
Flexible Terms
Programs built around real situations — self-employed, investment property, manufactured homes and more.
Fast & Simple Process
A secure document checklist tailored to your loan, with pre-approvals turned around quickly.
Local Expertise
Real loan officers familiar with Howard County market conditions, reachable by phone.
The Process
What to expect with ground up construction loans in Howard County.
Four simple steps from first call to closing table.
- Step 01
Talk to a Loan Officer
A quick, no-pressure conversation about your goals, timeline and budget.
- Step 02
Submit Your Documents
A short, secure checklist tailored to your loan — no guesswork, no busywork.
- Step 03
Get Pre-Approved
We shop lenders, review your Loan Estimate line by line, and issue your approval.
- Step 04
Close With Confidence
We keep you, your agent and escrow updated through funding day.
Local Expertise
Ground Up Construction Loans for Big Spring & Howard County homeowners.
Within Howard County, Big Spring shares the local housing market with Coahoma, Forsan and Sand Springs. Nearby, we also help borrowers in Sand Springs (about 9 mi), Coahoma (about 11 mi) and Forsan (about 11 mi).
Rooted in Big Spring
CDL Mortgage Services Inc. helps buyers and homeowners across Big Spring and the rest of Howard County navigate the ground up construction loans process from first conversation to final signature. We are fully licensed to lend in Texas and support Big Spring borrowers with the same responsive, personal process our home-market clients receive.
One Point of Contact
From pre-approval to funding, one licensed loan officer owns your ground up construction loans file. You get direct phone access, a clear explanation of every fee on your Loan Estimate, and regular updates for you, your agent and escrow.
Matched to Your Goals
Along with ground up construction loans, Big Spring clients also come to us for ground up construction loans, ground up construction financing, ground up building loans, and more. Whatever your situation — first home, move-up purchase, investment property, or tapping equity — we’ll match you with the right program.
Get a free Ground Up Construction Loans quote in Big Spring, TX
A licensed loan officer will reach out with your options — no obligation, no credit pull to start.
Prefer to talk? (916) 624-0767
Service Area
Where we lend around Big Spring.
Licensed and accountable.
CDL Mortgage Services Inc. · NMLS #132263 · Equal Housing Lender
Google Reviews
What Our Clients Say
Eli and his team at CDL mortgage have gone above and beyond for me time after time. I HIGHLY RECOMMEND THEM!
Eli is the man. Best rates and always available to speak. 10/10 would recommend
Left a 5-star rating.
About Us
Who is CDL Mortgage?
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 Big Spring borrowers.
Full-Service Mortgage Company
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Headquartered in Rocklin, CA
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Real Loan Officers, Not Call Centers
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
NMLS #132263 · Equal Housing Lender
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.
Questions
Ground Up Construction Loans Questions, Answered
What is a ground up construction loan?
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.
How much down payment does ground up construction require?
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.
Do I need experience for a ground up construction loan?
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.
How are draws handled on ground up construction?
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.
Can I finance land and construction together?
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.