New site will make it easier and more convenient for mobile users to pull most attractive quotes from top lenders, California Construction Loans reports

San Diego, CA -- (SBWIRE) -- 11/07/2014 -- California Construction Loans, one of the state's top sources for residential construction and remodeling loans of all sizes, announced that the company has launched a new website aimed at mobile devices. Designed to be easily readable on the smaller screens typical of mobile phones and tablets, the new website will allow for convenient access to California Construction Loans' industry-leading loan matching service for those who are considering construction projects of their own. Through its relationship with Nationwide Construction Loans, Inc., a BBB A+ rated business, California Construction Loans draws from top lenders and loan sources to find the best possible loan terms for users.

"We're happy to announce that our new mobile site has launched, and we think that it is going to be a real asset," California Construction Loans representative Rick Gomez said, "We put a lot of effort into making sure that the mobile California Construction Loans experience would be just as satisfying as the traditional one, and that has surely paid off." Although most adult Americans are familiar with mortgages and the issues relevant to them, fewer have experience with obtaining loans to cover the cost of new home construction, major remodeling projects, or the purchase of empty lots of land.

California Construction Loans was founded to help with that problem by serving as a single point from which those seeking such loans could easily and quickly acquire a number of attractive loan quotes. Drawing on the impressive lender relationship network and other resources of Nationwide Construction Loans, the online California Construction Loans loan-searching service produces construction loan quotes from a number of top providers after the entering of a few simple facts and figures.

The newly released mobile version of the California Construction Loans site is designed to make it just as productive to use the service from a smartphone, tablet, or similar mobile device. Mobile users looking into their construction loan lending options have access to the same powerful engine behind the scenes, although in a format more suited to the screens and form factors of those devices. After answering questions designed to assess their construction loan qualification level, they will receive the results in the form of either an email from California Construction Loans or a phone call, depending upon their expressed preferences.

The new mobile version of California Construction Loans is available immediately and will automatically be served to anyone who visits the site from a mobile device. Visitors to the site who arrive through devices of all sorts can also read up on a number of construction loan-related topics, as well as acquire two valuable eBooks that provide little-known information about the subject.

About California Construction Loans
For over 27 years, California Construction Loans has helped California residents find the best terms for loans of all sizes covering new construction, remodeling, or land purchase throughout the state.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

California Construction Loans Holds Approval Of All Major Lenders In California

San Diego, CA -- (SBWIRE) -- 07/15/2013 -- Statistics from the building industry indicate new single family housing construction has increased 43 percent over the past year in the state of California. These numbers are expected to continue along this trend during the years to come. In an effort to further this current progression, California Construction Loan s has launched a campaign to increase awareness of their array of construction loans available to the public.

Rick Gomez of California Construction Loans explained, "Our years of experience, along with our sound reputation within the loan industry, have enabled us to build an enduring relationship with our lenders. Having been approved with all the major investors and financial institutions throughout California, we are able to pass a considerable number of loan options along to our clients. On our website, potential loan applicants will find a link to our pre-qualification package, which is their first step to being afforded access to the widest selection of loan options and the lowest interest rates obtainable."

Continued Gomez, "Modern construction loans typically offer one time close and one set of loan fees. Loans of this nature cover the construction loan period and long term financing for dream home construction in the state of California. Construction Lending features include lot loans up to $2 million, construction financing of $3 million and up to $10 million for high net worth individuals, demolition and rebuilding and remodeling. For those who own land or are currently financing land, we can offer many types of construction loans including construction only loans, owner builder loans and construction to perm loans."

Gomez stated, "Individuals with an existing home who wish to remodel have 3 primary options from which to choose. Our first offering is the flexible remodeling loan, geared toward the homeowner planning to make considerable improvements to an existing home. We use both the current value of the home and the anticipated value after the remodel is completed to calculate the ultimate value of the finished product. Our second option is to pay off a current mortgage through the use of a new construction loan. As our most popular option, applicants are able to obtain a loan to pay off their mortgage then request funds to complete their remodel. This option provides a new, fixed interest rate rather than the two combined rates associated with acquiring a second mortgage. Our final option is a home equity line of credit. Current prime rates for this method are around 4 percent. Our loan specialists are happy to assist applicants in determining the type of loan that most accurately fits their needs."

About California Construction Loans
A subsidiary of Nationwide Construction Loans, Inc., California Construction Loans offers a variety of loan options for those interested in new home construction or the remodel of an existing home. They are approved by all major banks and investors in the state of California, and they are able to offer clients the most favorable options and interest rates available.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

California Construction Loans Is Largest Source For Construction Loans In America

San Diego, CA -- (SBWIRE) -- 07/15/2013 -- After reaching an all time low in 2005, statistics indicate the residential construction and remodeling industry has seen a steady increase since that time. Having recovered by almost 35 percent nationwide in 2012, expansion of the building and remodeling market is expected to continue on this trend for the foreseeable future, particularly in the state of California where new home construction has grown by 36 percent. In order to further extend construction growth and supply desiring families with the necessary resources to join these statistics, California Construction Loans has launched increased efforts to provide construction loans to those seeking to remodel or build new homes.

Rick Gomez, Branch Manager with California Construction Loans, confirmed, "Our company has access to information that can save our customers thousands of dollars in building expenses; in addition, we have built strong relationships with lending companies throughout California and the entire United States. As a subsidiary of Nationwide Construction Loans Inc, we currently provide the best loan values and the lowest interest rates in the industry. We are America's ultimate source for home building loans. Having been approved with all the major banks and lending institutions, our experience, reputation and the sheer volume of our construction loans have afforded us the opportunity to pass a number of savings and benefits along to our customers."

Gomez continued, "We offer free construction loan appraisal to all our new customers, as well as several varying loan packages. For those who already own land and an existing home but are looking to expand, we offer loans based on the finished value of the remodel. For customers who own, or are currently purchasing, land we can provide either construction only loans, owner builder loans or construction to perm loans. Customers interested in purchasing land for future construction endeavors may choose a temporary land loan until ready to build. If they wish to combine their land purchase with construction of a new home, we can cover that as well. The customer need only provide us with approved house plans and a cost breakdown. Our website also contains inside secrets concerning construction loans. Potential customers are encouraged to visit our website for access to this information."

About California Construction Loans
Affiliated with Nationwide Construction Loans, Inc, California Construction Loans possesses the ability to bring hundreds of lenders together to provide customers with countless construction loan sources from across the United States. California and Nationwide Construction Loans also provides construction consulting services for any building project. Their goal is to provide the most worry free loans and maximum savings benefits to their customers.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

San Diego, CA -- (SBWIRE) -- 01/21/2013 -- In the first quarter of 2008, construction loans hit a peak of over $630 billion, but fell considerably during the housing crisis. During the second quarter of 2012, bank balance sheets showed that the balance of this type of loan had fallen by approximately two-thirds.

"If you wish to obtain a construction loan, now may be the time to do so," according to Rick Gomez of California Construction Loans. "When obtaining a loan of this type, there are certain inside secrets to be aware of. Consumers need to know the answer to which should come first: construction loan or the land purchase? Another thing consumers need to be aware of is the fact that all banks can access the same interest rates. How much one pays at closing is dependent on how much the bank and loan officer profit. Having information such as this puts each home builder in a better position when applying for a type of this loan. Banks are still hesitant to makes loans of this type and many banks have stopped providing constructions loans or have ceased business completely. A loan specialist can ensure a consumer gets the financing he or she needs."

Furthermore, when a consumer goes to search for the best construction loan for his or her needs, a construction loan specialist is of great help. He or she is not only objective, but knows the advantages and disadvantages of working with each lender. "The devil is in the details," Mr. Gomez explains. "In the past, the rate was of major concern. Now the loan to value is the biggest factor when obtaining a loan of this type. The home builder also needs to know how much cash will be required to close once an appraisal has been done."

"When choosing a construction loan specialist, home builders need one that has developed strong relationships with a variety of lenders. The specialist is then able to pass on the benefits of these relationships. Whether a construction only loan, an owner builder loan or a construction to perm loan is needed, the right construction loan specialist is of great assistance," Mr. Gomez goes on to say.

With many features to a construction loan, from the purpose of the loan to the various construction loan terms offered, home builders have a great deal to process. "California Construction Loan explains every step of the process and helps each client determine what best fits their particular needs. Why try to tackle this alone? The representatives of California Construction Loans are here to help," Mr. Gomez states.

About California Construction Loans:
California Construction Loans is a subsidiary of Nationwide Construction Loans Inc. and currently offers the best loan to values and lowest interest rates in the industry. Nationwide Construction Loans is an industry leader in construction loans for those wishing to build a new house in the United States. A construction loan may be obtained no matter where a client lives in the country as the firm works with the best banks nationwide.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

San Diego, CA -- (SBWIRE) -- 09/27/2012 -- The California construction industry has experienced a five-year decline, leaving some wondering when the right time will be to start building again. However, according to experts, California's building industry should be see a bounce back soon as optimism in new homes, businesses and property values begin to rise again.

According to Rick Gomez, Branch Manager of California Construction Loans, "The time is now to begin thinking about the land you want, what you want to build and how you are going to get your financing. Securing your financing with a company that is competent with the construction loan process and can consult with you about your needs and requirements is the key to loan approval in today's market."

Gomez says that many consumers today feel they will be turned down by California lenders and are shy to try because of this. But a quality company will have sources outside of the state to refer you. "California Construction Loans, for example, provides lending sources from all over the country, updating our sources continually to make sure we have the best loans available to our customers." This is good news for the consumer who has been waiting to build his dream home. Gomez continues, explaining how consumers have lost confidence in banks. "Remember when it was easy to find construction loans from banks that were once trusted?" He asks. "So many of them have either shut down their construction loan departments or gone out of business completely. The consumer in today's economy often doesn't know where to turn for advice and information."

Gomez advises that "california construction loans are unlike any other loans in the industry. It's important you work with someone who understands the lender guidelines in all four areas of approval: customer approval, project approval, builder approval and appraiser approval." He explains. "Most customers rarely contemplate the importance of the lenders' guidelines when choosing a bank until it's too late and have to start all over looking for a new lender. We get the phone calls every day from those who've run into problems, asking us to help. These families have applied to local banks and were turned down. But, most problems would never have happened if they had just called us first. We know which lenders have the best interest rates, loan to values, debt to income ratios, loan to cost versus finished values, fast turn times and yes, even exceptions. We have lenders with common sense underwriting."

About California Construction Loans
California Construction Loans is approved with all of the major banks and investors. Their experience and reputation, along with nationwide construction loan volume, has allowed them to develop strong relationships with lenders over the years. California Construction Loans has positioned their business to pass these benefits from their access through wholesale channels on to the consumer.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm