Home Renovation Loans in California
Renovation Loan in California
Ready to move forward with renovation financing in California? Normandy works directly with borrowers throughout the state — you deal with the loan officer and underwriter directly, not a call center.
Renovation demand runs consistently high across California — from seismic retrofits and ADU additions in the Bay Area to full remodels of Craftsman and mid-century homes throughout Los Angeles and San Diego.
Loan amounts from $95,000 to $5,000,000. Up to 85% of appraised value for owner-occupied conforming amounts. Foreign nationals welcome. Borrower may act as own GC or hire a qualified builder. No site supervisor required. Non-owner occupied allowed. Pre-qualification typically in 3 to 5 business days.
More information on home renovation loan in California: https://normandy.com/renovation-loans/. Phone: 800-390-7536. All programs: https://normandy.com/.
General Guidelines*
- Loan amounts from $95,000 to $5,000,000
- Loan amounts up to 85% of the appraised value on single family, owner occupied, full income documentation, conforming loan amounts up to $832,750. Loan amounts over $1M, up to 80% of appraised value may be considered. Cross collateralization allowed on other properties, if needed, for maximum or greater loan amounts.
- Lender will advance up to 75% of the purchase price towards the acquisition of a property
- Foreign Nationals are eligible for this program
- Deal directly with the Loan Officer/Underwriter
- Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
- Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
- Flexible draw schedules
- 1 to 4 family homes, refer to Commercial Construction for more than 4 units
- 12 month construction term with extensions available
- Interest only payments based on funds advanced
- Borrower may act as own General Contractor or hire a qualified builder. No site supervisor required.
*All rates and terms subject to change without notice
California Construction Market & Regulatory Overview
California is one of the largest residential construction markets in the country. Sustained housing demand across coastal cities and inland growth corridors keeps new construction active year-round.
Building Code: California Building Code (CBC) and Title 24 energy efficiency standards.
Permitting: Permits are issued at the county and city level. Plans must comply with CBC requirements and local zoning before any permit is approved.
Key construction considerations in California include seismic activity zones, coastal weather exposure, and wildfire-prone hillside areas. Normandy’s underwriting team works directly with borrowers — you deal with the loan officer and underwriter, not a call center.
Contractor Licensing in California
California requires all contractors to be licensed through the CSLB (Contractors State License Board). Borrowers must verify the builder’s CSLB license number before construction begins.
Owner-Builder Note: California allows owner-builders to pull permits for a primary residence under B&P Code Section 7044, though restrictions apply on frequency and resale.
Loans Available in the Following States
Owner Occupied
Loans available for owner occupied properties in the following states:
- California (CA)
- Connecticut (CT)
- Delaware (DE)
- Florida (FL)
- Iowa (IA)
- Massachusetts (MA)
- Michigan (MI)
- North Carolina (NC)
- New Jersey (NJ)
- New York (NY)
- Oregon (OR)
- Rhode Island (RI)
- Virginia (VA)
- Washington (WA)
Non-Owner Occupied
Loans available for non-owner occupied properties only:
- Alaska (AK)
- Alabama (AL)
- California (CA)
- Colorado (CO)
- Connecticut (CT)
- Delaware (DE)
- Florida (FL)
- Georgia (GA)
- Hawaii (HI)
- Iowa (IA)
- Idaho (ID)
- Indiana (IN)
- Kansas (KS)
- Kentucky (KY)
- Massachusetts (MA)
- Michigan (MI)
- Maryland (MD)
- Maine (ME)
- Missouri (MO)
- Mississippi (MS)
- Montana (MT)
- North Carolina (NC)
- New Jersey (NJ)
- Nebraska (NE)
- New Mexico (NM)
- New York (NY)
- Ohio (OH)
- Oklahoma (OK)
- Oregon (OR)
- Pennsylvania (PA)
- Rhode Island (RI)
- South Carolina (SC)
- Tennessee (TN)
- Utah (UT)
- Virginia (VA)
- Washington (WA)
- West Virginia (WV)
- Wyoming (WY)
Frequently Asked Questions — Renovation Loan in California
Q: What is a home renovation loan in California?
A: A home renovation loan in California is financing for renovating, expanding, or improving a residential property you own or are purchasing. Normandy disburses funds in draws as work progresses. Interest-only payments on advanced funds during the 12-month term.
Q: What does home improvement loan financing cover in California?
A: Home improvement loan financing in California through Normandy covers kitchen and bathroom remodels, structural additions, ADU construction, and full property renovations. Loan amounts from $95,000 to $5,000,000. Up to 85% of appraised value for owner-occupied conforming amounts.
Q: Is renovation financing in California available for non-owner occupied properties?
A: Yes. Normandy’s renovation financing in California covers both owner-occupied and non-owner occupied 1–4 family residential properties. Please call 800-390-7536 for LTV specifics on non-owner occupied applications.
Q: What is a fixer upper loan in California?
A: A fixer upper loan in California through Normandy lets you purchase and renovate a property under one loan. Normandy can advance up to 75% of the purchase price toward acquisition, with renovation funds disbursed in draws as work progresses.
Q: Can I be my own contractor for a remodel loan in California?
A: Yes. Normandy allows borrowers to act as their own GC under the renovation loan program in California. No site supervisor is required. You may also hire a qualified builder. Confirm your project qualifies before applying.