Construction Loans in Downey
Ground-Up, ADUs and Rebuilds.
Private construction financing for Downey builders and investors, with draws tied to completed work and inspection milestones.
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Construction Loans in Downey
What to Know About Downey
Downey is a largely mid-century city in southeast Los Angeles County, with ranch homes from the 1940s through the 1960s and some notably large lots in North Downey. Its aerospace history, including the space shuttle program, is still part of the city’s identity.
Larger lots in North Downey make ADUs, additions and full rebuilds practical, and plenty of owners are replacing original mid-century homes with new construction. We underwrite to the approved plans, the budget and the completed value, and fund draws as each stage is inspected.
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
Downey Neighborhoods
We lend throughout Downey and the rest of Los Angeles County, including these areas.
Straight Answers
Construction Loans in Downey: Questions
Do you finance new homes on North Downey’s larger lots?
Yes. Replacing an original mid-century home with new construction is common on those lots. We fund against approved plans with staged draws.
Do you lend in Downey?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Downey, 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 Downey
Construction Loans Elsewhere in Los Angeles County
Have a Build in Downey?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Downey 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.