Rancho Financial provides commercial loans for a variety of properties, such as:

            Offices                                     Multi-Family Apartments

            Medical/Dental Offices          Surgical Centers

            Retail Shopping Centers      Office/Warehouse

            Light Manufacturing               Industrial

            Self-Storage Facilities          Single-Tenant Buildings

            New Construction                  Hotels/Motels

            Veterinary Clinics                  Restaurants

            Assisted Living Centers       Day Car Centers

            Car Wash Facilities              Grocery/Market

Construction Loans

The construction loan process is similar to the home purchase or refinance process.  However, the construction loan or new home cosntruction loan involves determining the value of a home that is not yet constructed.

A Rancho Financial Mortgage construction loan specialist will provide you with a preliminary construction loan budget estimate for building your home. This budget estimates the maximum loan amount you qualify for, based on an estimated value of your future home.

There are many types of loans available under many different names: construction loans, new home construction loans, residential construction loans, builder construction loans, owner builder loans and more. There are also a number of costs that go into building a new home. These costs make up the items used to complete this construction loan budget estimate.

     Closing Costs

     Land Value/House Cost

     Contingency Reserve

     Interest Reserve

     Financing options