(480) 889-6100 BK-0917799  |  NMLS# 396288

Complete Tear-Down New Build Construction

complete-tear-down-new-build-construction

complete-tear-down-new-build-constructionThe current home was small and dated on a nice sized lot in a very nice area of Scottsdale. The real estate investor saw a great opportunity to buy the house very close to what the lot was worth itself in order to tear down the house and build a new one. The total loan amount for the ground up construction was $440,000 and will be released on a draw schedule that is most convenient for the four phases of the project. Capital Fund offers ground up construction loans anywhere in the state of Arizona, give us a call if you have a project you are looking to get financed.

The terms given on this specific loan are as follows:

Loan Amount: $439,305
Term: 12-months
Interest Rate: 12.9%
Loan Type: Construction
Building Type: SFR

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  • 14555 N Scottsdale Rd #200
    Scottsdale, AZ 85254
  • Phone: 480.889.6100
  • Fax: 480.361.8628
  • Hours: Mon-Fri 8am-5pm

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