Homeowner Programs

If you are not ready to build yet, consider a lot loan to purchase the lot of your dreams...

Standard Lot Loan

A fixed rate or variable rate lot loan to be used to purchase a residential lot for eventual construction of an owner-occupied dwelling.

• Fixed interest rate (based on CB&T Prime plus a margin)
• Variable interest rate (based on CB&T Prime plus a margin)
• Minimal Fees
• Monthly Interest-only payments due for the Loan Term; principal and accrued interest due at maturity.
• A portion of your Lot Loan Fee can be credited toward a CB&T Construction Loan Fee
• Financing is available for up to 60% of your purchase price or the appraised value, whichever is less. 40% cash down payment required.

Construction Only Loan

This is a fixed-rate loan to be used for the Construction of your custom home on your lot. Funds are advanced during construction as the home is completed. Competitive Variable Rates for loans of 12 months or less are available, based on CB&T Prime plus a margin.

• You make monthly interest-only payments only on the amount borrowed during the construction phase
• Contact Us for information about rates, loan amounts, and fees

Single Close (Construction-to-Permanent) Loans

These loans combine a construction loan and a permanent mortgage loan into one product with one closing. Features are:

• Construction Loan Period which converts to permanent financing upon completion of the home (some conditions apply)
• Interest rate lock, which guarantees your permanent loan rate
• The loan is closed using one set of documents, which are signed prior to construction of the home
• One closing, one set of fees

Lot Loans/Lot Acquisition

We can provide financing for the acquisition or refinance of custom home lots. Terms are generally 12 to 18 months.

Construction Loans

We can provide financing for the construction of pre-sold homes, model homes or spec homes (some restrictions apply). Terms are generally up to 18 months.

Who to Contact in Your Area

For all Counties in California
Maria Cedeño – email: maria.cedeno@calbt.com
(949) 361-6822 or (800) 336-9001 Ext. 2

Or for San Diego County Only
Rhonda James – email: rhonda.james@calbt.com
(619) 593-4470