Construction Loans to Build a House

I'm Dan... a knowledgeable Loan Officer with 23-years of experience

I’m also a Custom Home Builder, and although I don’t take on any outside projects, you still get my overall experience as part of my loan service and I will work with your builder to keep things moving forward. 

I believe myself to be most qualified Construction Loan Officer in the west and am a former Firefighter/Paramedic.

Dan construction team
Dan and his dogs

I offer a true “one-time-close” loan program designed to finance the construction or major remodel of a primary residence or second home (meaning it won’t be rented out or “flipped”). I also have loans to build an investment/rental property with additional down payment.

For a primary residence: 20% minimum down payment of the Total Acquisition Cost (TAC) which is defined as the cost of construction plus the purchase price of the lot. i.e. Lot price is $500,000. Cost of Construction is $800,000 = TAC of $1.3mil

If you already own the lot, your equity counts towards the down payment.

Reserves – 6 to 24 months of the new payment amount needs to be in your accounts at close of escrow. Retirement and stock accounts are acceptable sources. Months of reserves needed is based on the loan amount.

This loan includes financing for both the construction and permanent loan in one closing. That means you save the expense of dual loan fees and the worry of having to re-qualify for a permanent loan after the home is complete.

Building a house from the ground up will be a pain if you don’t have a Loan Officer who  has built multiples houses in the past.

No manufactured homes or shipping container homes

Another option is to renovate an existing property and make it your own. The down payment is much less and its typically much quicker to renovate over building. Check out my Renovation page.

lifting wall
This was taken at a house I built for myself a few years ago
construction meeting
Message me below and say hi! 🙂 and if you have some time to kill, check out my film on Your Tube called Dan Builds a House, made many years before I got my contractors license.
  • The most efficient way to contact me is via the form below:

  • This field is for validation purposes and should be left unchanged.
dan pink

Dan Sherbondy
Senior Loan Officer
All Western Mortgage
(established in 1981)
“Dan The Loan Man”
702-326-7469 talk/text every day

Equal Housing Opportunity

Dan’s Licensing: NV MLD 45649, CO-100516554  CA-DFPI313289 NMLS 313289
All Western Mortgage, 8345 W Sunset Rd #380 Las Vegas, NV 89113
702-326-7469- TALK OR TEXT | | 702.369.0905 – Switchboard (Ask for Dan)

Company NMLS# 14210, NV Division of Mortgage Lending Lic# 204, CA Dept of Corporations Lic# 603F053, CA Dept of Real Estate Lic# 01893025, CO Division of Real Estate.