Owner-Builder Construction Loan Advice Needed

[Juan Robles]

Hi everyone,

I’m seeking advice and lender recommendations for a construction loan on a single-family home we’re building as owner-builders in Twentynine Palms, California.

Quick project background:

•  Purchased the land in 2024 for $20k

•  Fully designed a single-story 3-bedroom, 2-bath home

•  Building permit already approved by the city

•  Total soft costs invested so far (including land): ~$41k

•  Estimated hard construction costs: $357k

We currently have about $80k in liquid reserves to bring to the table and have over 6 years of hands-on experience working for a general contractor on commercial projects and hold a GC license, but our new company has no prior construction track record since this is our first project under the entity.

Last year we were turned down by several lenders primarily due to low liquidity at the time and the owner-builder/new-entity structure. We’ve strengthened our position significantly since then, but we’re still hitting walls with traditional lenders who want multiple prior projects under the LLC or require partnering with an experienced GC (which would reduce our margins).

Questions for the community:

•  Has anyone successfully secured construction financing (or private money) as an owner-builder with a newer entity but strong personal experience?

•  Any recommended lenders, mortgage brokers, or private lenders in California (especially Inland Empire / San Bernardino County area) who are more open to these situations?

•  Tips on structuring the loan request or additional documentation that has helped in similar scenarios?

I’m happy to share more details on the plans, budget, my background/resume, or comps privately. Really appreciate any guidance or referrals — we’re motivated and ready to move forward once we line up the right financing.

Thanks in advance!

JR