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Build & Renovate

Construction & Renovation Loans

Simplified financing for building new or renovating what you already own — borrowing against the future value of your home.

Home construction and renovation project
What We Do

Financing Built Around Your Project

Paramount Loan Services specializes in construction and renovation loans that let you borrow against the future value of your home — not just its current appraised value.

We keep the process simplified with competitive rates and a streamlined path from application to closing. And yes — Spanish-language service is available for our clients who prefer to work in español.

Our Construction Programs

A Program for Every Build

Five real construction and renovation financing paths — pick the one that fits your project, or call us and we'll help you choose.

One Close Construction Loans

A single closing that combines your construction financing and permanent mortgage into one loan — it automatically converts to permanent financing once construction is complete, saving you a second closing and a second round of fees.

Conventional Renovation Loans

Combine the purchase or refinance of a home with the cost of renovating it into a single mortgage — one loan, one payment, one closing for both the property and the improvements.

FHA 203(k) Loans

Two tiers to fit the scope of your project: Limited 203(k) for smaller, DIY-friendly renovations up to $75,000, and Standard 203(k) for major structural repairs, available with as little as 3.5% down.

Private Money Construction Loans

Short-term funding from private lenders with credit-flexible qualification — a strong fit for investors and builders who need speed and flexibility that conventional financing can't offer.

HELOAN/HELOC Options

Access the equity you already have without losing your primary mortgage rate. See our HELOC & HELOAN page for the full breakdown of how these second-lien products work.

Get In Touch

Talk to a Construction Loan Expert

Tell us about your project and a Paramount loan expert will follow up promptly.

We never share your information with third parties.

Ready to Break Ground?

Call us at (818) 500-4009, apply online, or book a free consultation to talk through your construction or renovation project.