Do you want to self-build your Own Home?
Acting as an Owner Builder?
Using your Own Labor and Subcontractors?

We’ve got your construction loan!

Getting a construction loan from traditional Banks and Credit Unions can be difficult because they often require you to have a licensed general contractor. At Owner Builder Loans AZ LLC, you can build your home for less because we don’t require you to hire a contractor or project supervisor.

In most cases, your land is your down payment. If you don’t own your land free and clear, sometimes the loan can include the lot payoff.
It’s ok if you have already started construction.
The flexibility of unlimited construction draws with no draw fees truly sets our construction loans apart from others.
Only interest is paid monthly and only on amounts advanced.
If you experience cost overruns, sometimes we can offer a loan increase.
Loans have a 12-month term with no prepayment penalty. We also provide options for loan extensions.
After building your home, you will pay off your construction loan by applying for a permanent mortgage. Rich Darnell, a loan officer, can assist you with this process, or you can refinance utilizing any company of your choosing.

Watch our 2-minute video

Loan Requirements

We're thrilled to share the details of our construction loan process with you!

First, let's talk about the Minimum Credit Score Requirement, which is set at 700. Once we receive your loan application, we’ll review your Tri-Merge credit report, which combines scores from three major credit bureaus. If you’re applying alongside another borrower, we’ll consider the lower of the two middle scores for qualifying and pricing purposes.
The downpayment requirement can range from 30% to 50% of the amount you wish to borrow, depending on your credit score. The downpayment is satisfied by the amount of equity you have in the project prior to the first construction draw. Equity equals the current market value of your lot minus any remaining debt, plus the amount of cash you plan to contribute toward soft costs, deposits, site improvements, and early-stage construction.
The Maximum Debt-to-Income Ratio (DTI) is 38.0% of Your Loan Amount. The total of your monthly payments listed on your credit report, including the future mortgage payment from the refinance loan for your construction loan, must not exceed 38% of your gross monthly income. When we respond to your Qualification Questionnaire, we will determine your DTI.
The maximum Loan to Value (LTV) Requirement is 70%. For example, if your construction loan amount is $300,000.00, the subject-to-completion appraised value must be at least $428,571.42 ($300,000.00 / 70%).
The loan amount must be sufficient to complete construction 100%, not partially. The maximum loan amount is $700,000.00.
Other Requirements will apply.

For a free assessment of your qualifications,
please submit our Qualification Questionnaire.

Our reply will include loan features, requirements, costs, and everything you need to move forward. We are excited to assist you in completing this incredible journey of building your own home.

Unlock Your Journey:
One Easy Step to Get Started!

Getting started is easy—simply fill out our short Qualification Questionnaire.

No personal information is requested.

We’ll get back to you within one business day with all the details you need, including your interest rate and loan costs. Stay tuned for an exciting update!

Qualification Questionnaire

Real Testimonials
from some of our happy owner-builders

Easy Process While Building My Own Cabin

Thank you so much for all your help in building my cabin. The whole process was easy, and I really enjoyed working with everyone involved.

Owner Builder, J. P.

A Perfect Fit for My Needs

“As a small business owner and builder, Owner Builder Loans was a perfect fit for my needs. They understood the challenges I faced in obtaining a construction loan as an owner-builder and guided me from beginning to end. The entire team was professional, prompt, knowledgeable, and understanding throughout the process. I can’t emphasize enough how grateful I am for the way they streamlined what could otherwise have been a very complicated process. I would especially like to thank Richard, Patricia, Dawn, and most of all …

Owner Builder, N. N

Fun without financing worries

Working with Owner Builder Loans has been essential to making our dream home a reality. Living in a rural area and on a tight budget, the only way to complete this project was with financing that was supportive of us doing as much of the work ourselves as possible. The team at Owner Builder Loans has been extremely responsive and their expertise in guiding us through each step of the process has been an amazing asset as we navigate all the challenges that come with …

Owner Builder, K.T & K.T

Seamless Process

Many thanks to Owner Builder Loans for assisting us with our home construction financing. As we began the construction, we knew our personal resources would be insufficient to bring the home to completion. We have found the Owner Builder Loans process to be seamless and the loan more than sufficient in making up our deficit! We were able to complete construction in one year

Owner Builder, K.B. & L.B.

We are grateful to Owner Builder Loans

We are grateful to Owner Builder Loans for making our dream come true! It was a pleasant experience working with your team, always there, always helpful and caring! Thank you!

Owner Builder, A.K

Helpful, Easy and Very Good Company to Work With

Your company was so helpful and easy to deal with, and I really enjoyed working with you. I definitely would recommend you to anyone asking. Thank you again for your patience with us. You are a very good company to work with.

Owner Builder, D.K. & R.B.

Helping Make Our Dream Home Become a Reality

Dan and I would like to also thank your entire team for assisting us in this process. Everyone was wonderful throughout the entire building. Thank you for helping make our dream home become a reality!

Owner Builder, C.L. & D.L.

Incredibly Thankful

“We are so incredibly thankful to have found Owner Builder Loans when we needed help financing our new house build. From the beginning they were so helpful, easy to work with, fast at communicating, and overall made the process so smooth. Building a house is a stressful process and to have OBL on our side was such a blessing. I can’t say enough good things about them and how lucky we were to work with them!”

Owner Builder, N.H. & L.H.

Opportunity of a Lifetime

“Owner Builder gave me an opportunity of a lifetime to build the house of my dreams! Everyone was friendly and helpful to work with. From the time I inquired about working with Owner Builder to the day I closed on the loan. The process was smooth! Everything asked for from OBL was reasonable and easy to produce. I would do the process all over again if given the opportunity!”

Owner Builder, R.M.

Coming to my Rescue

” I had this desire to build my beautiful home for me and my family for many years. When I started my construction, I realized this is going to be a magnificent home and I had difficulty getting a construction loan from a traditional lender, Owner Builder Loans was a Blessing!! I thank Everyone at owner Builder Loans, Great team, great owner, great staff, they understand Owner construction like no other lender. They made my home a reality! Thank you, Owner Builder Loan, for coming …

Owner Builder, V.J. & S.J.

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