Private Money Construction Loans in California

Private Money Construction Loans for California Developers and Investors

Construction financing is among the most complex loan structures in commercial real estate. Draws must align with verified progress, budgets shift, timelines extend, and the lender's ability to monitor the project directly has a material impact on how smoothly a deal runs. Rubicon Mortgage Fund, LLC provides short-term construction loans for ground-up development and major renovation projects across California, with a hands-on approach to both origination and administration.

Construction lending at Rubicon is selective. We focus on experienced developers and investors with a defined project plan, a realistic budget, and a credible exit strategy. We are particularly active in the San Francisco Bay Area, Northern California, Sacramento, and Los Angeles, though we fund construction deals statewide.

Types of Construction Projects We Finance

• Ground-up commercial construction
• Residential construction (non-owner-occupied)
• Major renovation and repositioning projects
• Mixed-use development
• Value-add projects requiring significant capital improvement

How Rubicon Evaluates Construction Loans

Rubicon reviews construction loan requests on the basis of four primary factors: the borrower's track record in development, the strength and feasibility of the project plan, the after-completion value relative to the loan amount, and the exit strategy. We physically inspect every project at origination and conduct site visits at key construction milestones before releasing draw funds.

No personal credit check or financial statements are required as the basis for approval. We lend to LLCs, corporations, trusts, and partnerships. Draw schedules are structured to match the project's construction timeline and verified completion milestones.

Lending Criteria

• Loan amounts from $500,000 to $15,000,000
• Up to 65% loan-to-cost (LTC)
• First position only
• Statewide California coverage
• Loan terms from 6 months to 24 months
• Flexible draw schedules tied to construction milestones
• No personal credit check required

Get Started

Contact Rubicon Mortgage Fund, LLC with your project location, property type, construction budget, projected completion timeline, and exit strategy. We serve developers and investors throughout California including the Bay Area, Northern California, Sacramento, Los Angeles, and Southern California. We typically provide an initial response and preliminary terms within 24 hours of inquiry.