Private construction financing for Compton builders and investors, with draws tied to completed work and inspection milestones.
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Construction Loans in Compton
Compton, in south Los Angeles County along the 91 and 710 Freeways, is mostly single-family homes from the 1920s through the 1950s, many on larger lots than nearby cities offer. Richland Farms on the west side keeps agricultural zoning that allows horses and livestock on deep residential lots.
The larger lots in Compton give room for ADUs, rear units and full rebuilds, and that is where most construction activity is. In Richland Farms, agricultural zoning affects what can be built and where. We fund to the approved plans and budget and release draws as completed 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 Compton and the rest of Los Angeles County, including these areas.
Straight Answers
The agricultural zoning there has its own rules on what goes where. Once the city approves your plans, we underwrite against them.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Compton, 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 Compton
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Compton 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.