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Program 04

Ground-Up Construction in Oxnard

Ground up construction loans for lots inside Oxnard's growth boundary.

We fund ground-up construction in most states, up to 70% LTV and 85% of cost, with draws that keep pace with your build. In Ventura County, most land outside city boundaries sits under a voter-locked growth boundary, so a buildable lot inside Oxnard and its sibling cities is a different asset than raw acreage next door that no builder can touch without a ballot measure. A lot inside Oxnard's certified Coastal Zone adds one more layer, a Coastal Development Permit, to the entitlement calendar. Business-purpose only, and every term is set in underwriting.

Ground-Up Construction in Oxnard, CA from USA Mortgage
70%
max LTV
85%
of cost
Most states
funding
$5M
max loan

Typical figures, subject to underwriting and market conditions. Not a commitment to lend.

How it works

We finance both the land and the vertical construction, with a draw schedule built around your timeline. Experienced builders can access higher leverage on cost.

Who it's for
Spec home builders
Developers and operators
Lot purchase or teardown
Build-to-rent strategies
Typical terms
Loan amountUp to $5M
LeverageUp to 70% LTV / 85% LTC
Term12 to 24 months
DrawsPer build schedule
RateFrom 10.00%*
UseSpec or build-to-rent
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*Typical terms, subject to underwriting and market conditions.

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Local FAQ

Ground-Up Construction in Oxnard, answered.

Ventura County keeps shrinking. Why is buildable land here still hard to find?
Because the county's voters locked most of the open land, not the market. SOAR, adopted county-wide in 1998 and renewed to run through 2050, keeps every parcel mapped Agricultural, Open Space or Rural off the table for new zoning unless a public vote approves the change. Oxnard and seven of the county's other incorporated cities layered their own City Urban Restriction Boundary on top, also running to 2050, so a lot inside an existing city footprint is a different asset than raw acreage next to it, which stays farmland or open space by ballot, not by demand. Build where the boundary already lets you build.
What will Oxnard charge me in development impact and permit fees before I break ground?
We can't quote a number, and neither should anyone else. The city publishes its own developer fee schedule, but the actual dollar figures were not verified in our research, and permit timelines for Oxnard were not sourced either. Pull the current fee schedule and talk to Oxnard's building division before you finalize your draw budget. We size your construction loan to your project cost and finished value, not to an assumed fee line.
Does a construction lot in Oxnard carry any assessments I should know about before I close?
Possibly, and they ride on the tax bill, not the title report. Oxnard runs more than a dozen city landscape maintenance districts, a drainage district and NPDES watershed charges, plus PACE program liens (HERO Oxnard, CaliforniaFIRST Oxnard, and others) recorded as 1915 Bond Act assessments that sit senior to a later-recorded deed of trust. RiverPark, a roughly 3,082-home Mello-Roos district on the city's east side, carries its own special tax with no sunset date. Read the tax bill line by line on any Oxnard lot before you close, not after.
My lot is near the Oxnard coast. Does that change the entitlement process?
Yes. Oxnard's certified Local Coastal Program adds a Coastal Development Permit to the build, on top of standard city review. The city's coastal land use plan was adopted in 1982 and certified by the California Coastal Commission in 1985, and a project inside that zone carries Coastal Commission appeal exposure that an inland Oxnard lot does not. Price the entitlement calendar into your construction term, not just the build schedule.
If SOAR locks up open land, where is the buildable opportunity actually left?
Inside the existing city footprint, on infill. SOAR's own text carves out an exception: nothing in the initiative blocks state law on accessory dwelling units or density bonuses, so adding units on an already-developed Oxnard parcel does not require a ballot measure the way converting farmland does. That is where a ground-up build pencils fastest here, not on raw acreage outside the growth boundary.
Is Port Hueneme, right next to Oxnard, an easier place to find a construction lot?
Probably not, for the opposite reason. No SOAR-style growth boundary initiative was found for Port Hueneme, but that appears to be because the city is fully built out and surrounded by its neighbors, not because land there is easy to entitle. A teardown-and-rebuild on an existing Port Hueneme parcel is a more realistic ground-up scenario than a new subdivision.

More Ground-Up Construction questions, answered on the program page

Resources

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About the local figures on this page

Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.

Published by USA Mortgage Funding, LLC, NMLS #152588. Researched from primary sources by our team, drafted with AI assistance, and every figure checked against its source before publishing. Where an answer rests on a public record, that record is linked under it. Figures read on 2026-08-28.

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