Construction Loans in Coronado
Ground-Up, ADUs and Rebuilds.
Private construction financing for Coronado builders and investors, with draws tied to completed work and inspection milestones.
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Construction Loans in Coronado
What to Know About Coronado
Coronado sits on a peninsula across the bay from downtown San Diego, reached by the Coronado Bridge or the Silver Strand, and shares its northern end with Naval Air Station North Island. The Village is a grid of older homes on small lots, Coronado Shores is a row of high-rise condominiums on the beach, and the Coronado Cays to the south are built around private boat docks.
Rebuilding an older home in Coronado Village means working within tight lots and the city’s design review, and homes with historic designation have added rules. The whole city is in the coastal zone. We underwrite to the approved plans and the completed value, and draws follow inspected progress.
How It Works
Construction Loan Terms
Rates, leverage, points and fees depend on the project and are disclosed in writing before you commit.
Where We Lend
Coronado Neighborhoods
We lend throughout Coronado and the rest of San Diego County, including these areas.
Straight Answers
Construction Loans in Coronado: Questions
Does design review slow down a rebuild in Coronado Village?
It adds time, especially for homes with historic designation. We build that into the draw schedule.
Do you lend in Coronado?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite San Diego County deals directly, including Coronado, rather than routing them through an out-of-state call center.
How do construction draws work?
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 Coronado
Construction Loans Elsewhere in San Diego County
Have a Build in Coronado?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Coronado and San Diego 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.