Private construction financing for Pasadena builders and investors, with draws tied to completed work and inspection milestones.
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Construction Loans in Pasadena
Pasadena has one of the strongest concentrations of historic housing in Southern California, including Bungalow Heaven’s Craftsman bungalows, larger homes in Madison Heights and along the Arroyo, and hillside properties in Linda Vista. Several neighborhoods are designated landmark or historic districts.
Building in Pasadena often means design review. Exterior work in landmark and historic districts goes through additional approvals, and hillside lots in Linda Vista and along the Arroyo have their own grading and slope requirements. Those steps add time, and we build that into the loan structure and draw schedule.
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 Pasadena and the rest of Los Angeles County, including these areas.
Straight Answers
It can. Exterior work in landmark and historic districts goes through additional approvals. We build that time into the loan structure rather than rushing the draw schedule.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Pasadena, 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 Pasadena
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Pasadena 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.