Prism Home Initiative Construction and Refinancing Loan Programs for California Wildfire Survivors

In the wake of devastating California Wildfires, the Prism Home Initiative (PHI) is stepping forward with a dedicated construction and refinancing loan programs to help affected homeowners rebuild their homes and restore their lives.

The Prism Home Initiative’s (PHI) mission is to empower homeowners affected by fire disasters to rise from adversity, rebuild stronger communities, and create safe, enduring homes. We provide resources, expertise, and compassionate support. We aim to transform loss into new beginnings and restore hope, one home at a time.

We’re here to offer hope and support in rebuilding–not just homes–but lives and communities.

Prism Home Initiative
Wildfire Construction & Refinancing Loan Programs

FREE SEMINAR

Accessible and flexible financing options specifically designed for families and individuals who have lost their homes to wildfire. With a streamlined loan process and personalized support, our program aims to ease the financial burden of rebuilding while empowering communities to recover.

  • Construction

  • Renovation

  • Home Equity

  • Refinancing

  • Reverse Mortgage

  • Private Money

  • Conventional

  • VA

  • FHA Renovation

One-Time Close, New Construction or Refinance Loan

A One-Time Close New Construction loan is a single-closing construction loan. The construction portion is short-term financing that is modified into permanent financing upon completion of the project. A single-closing construction mortgage can be closed as a purchase or a refinance.

A single-closing construction loan combines both the construction financing and the permanent mortgage into one loan. The borrower completes a single closing transaction before construction begins. At closing, the borrower is responsible for paying closing costs and fees. The loan funds are disbursed through draws, with an initial draw provided at closing to pay the contractor and start the construction project.