Private construction financing for Palmdale builders and investors, with draws tied to completed work and inspection milestones.
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Construction Loans in Palmdale
Palmdale is the southern half of the Antelope Valley, pressed up against the San Gabriel Mountains and the San Andreas Fault. Housing here is mostly built from the 1980s forward, from master-planned west side communities like Rancho Vista and Anaverde to older, flatter tracts in East Palmdale.
The San Andreas Fault runs along Palmdale’s south side, and lots inside state earthquake fault zones can require a geologic study before a permit is issued. Foothill parcels toward the mountains add slope and fire hazard requirements on top of that. Out on the flatter east side, the bigger cost questions are usually utilities and road improvements. We fund to the approved plans and budget and release draws as work is inspected.
How It Works
Rates, leverage, points and fees depend on the project and are disclosed in writing before you commit.
Where We Lend
We lend throughout Palmdale and the rest of Los Angeles County, including these areas.
Straight Answers
It can. Lots inside a state earthquake fault zone may need a geologic study before the city issues permits. Factor that time and cost into the project.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Palmdale, rather than routing them through an out-of-state call center.
The loan is released in stages. As each phase of work is completed, it’s inspected, and the next draw is funded. That keeps the money matched to progress on the job.
More in Palmdale
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Palmdale and Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987
California Department of Real Estate DRE# 02037255 and NMLS# 233991.