Start building now with a Construction Loan

Whether you’re building your home from the ground up or planning a major renovation, our experienced team can help you make it happen.

Construction Loan &
Lot Loan Options

birds eye view of vacant lot ready for purchase with a lot loan

Start Here. Apply Now:

home under construction with a construction loan

Construction Loan
Features & Benefits

When you are planning for a major renovation or new build, you need to have confidence that the financing will be there when you need it, and fast. Our local loan approval process ensures your construction loan will be ready when you are.
Convenient One-Time Close

Save time and money with one loan application for both the construction phase and financing at completion.

Flexible Rates

Our Construction product is an adjustable rate loan featuring an initial fixed-rate period of up to 10 years.

Local Decisions & Draw Disbursement Approval

Speed matters when it comes to financing. Our local team of experts makes sure no time is wasted.

Flexible Construction Schedules

Although a construction timeline, plans, and estimated budget are required, there is no firm construction schedule required.

brick home being built with a construction loan

Buy Your Dream Lot With a Construction Loan

If you found the perfect lot but aren't ready to start building just yet, our Construction Loans can cover you until you're ready to break ground.

  • Loans for when you’ve found a lot but aren’t ready for construction.
  • Discount on your construction loan with a previous Arizona Financial lot loan.

For more information, please contact one of our Construction Loan Specialists.

Construction Loans: Start Over or Begin Renovations

Arizona Financial's construction loans can help you complete the renovation of your dreams no matter how big or small your project may be. Found the perfect property? Make your dream home happen.

  • Found the perfect location, but not the perfect house?
  • Family outgrown the house, but not the neighborhood?
  • Family moving back in and need a bigger space?

For more information, please contact one of our Construction Loan Specialists.

man and woman representing a couple discussing a loan for home renovations

Turn Dreams Into Reality
We'll help you from the ground up

Expert's Guide to

Construction Loans

Inside the Guide

Download our in-depth Construction Loan guide for a start-to-finish blueprint for financing your dream home.

  • How to finance your project
  • Considerations when choosing a builder
  • Understanding draw schedules


Construction Loan Resources

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Home Improvements for Every Budget

Find ideas for home improvements that help your home's value no matter what your budget may be.

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Frequently Asked Questions

How long will the construction loan process take?

A construction loan mortgage follows a similar process to a standard home mortgage. While each situation has its own uniqueness, a construction loan requires building plans, specs and contracts.

Arizona Financial construction loan specialists are knowledgeable about the process—schedule a time to meet with one today!

Can I get reimbursed for out-of-pocked expenses already paid?

Every construction loan has specific nuances so its best to speak to  one of our construction loan specialists. 

If I have bad credit, can I qualify for a loan?

Arizona Financial reviews a number of factors before making a decision on the loan, including credit and each member’s unique situation.

If you would like to discuss the details of your current financial picture before applying, simply call our loan experts at 602-683-1730.

Do I have to be a member of Arizona Financial to get a loan?

To take advantage of Arizona Financial benefits, including competitive loan rates – membership is required. It's simple to become a member. You just have to meet one of our membership eligibility requirements.