Welcome to Capital Fund I, LLC
Arizona’s Premier Private Money Lender
A construction and land loan finances the price of the land and construction costs to build on the same property. A portion of the funds are used for closing costs, and the rest will be reserved for escrow. The construction funds are distributed in draws to make sure that the project stays on track and within budget. Regardless if you are planning to build a spec home or a subdivision, Capital Fund 1 can provide the funding needed to either buy the land or pay for the materials and labor. We are able to fund a wide range of different construction projects and any size of property with or without a home. Many of our key team members have made their living in the construction industry and have gained firsthand experience in bringing a brand new asset to the market.
We find construction loans to be the most interesting because they can be structured in different, unique ways. We take pride in being flexible enough to structure your construction deal to feature unique options that fit the needs of your project.
Found the perfect piece of land but not ready to build? We’ve got you covered. We’ll help you secure the land for future development or while you complete the design process or select a builder. You can count on the guidance of the Capital Fund 1 team in learning how to get a land and construction loan in every phase of the construction from land acquisition through construction.
Our loan request process differs from applying for a traditional bank loan. We fund construction deals in a simple, straightforward, and quick process. For a quote on your construction project, you’ll only be required to submit information concerning the loan amount required, project plans, and project budget. Once your application is approved, our underwriter values the property in-house, providing a quick turn around time for your loan quote, and we can provide you the funds in as little as three to five business days.
Whether choosing to work with a conventional or private lender, you’ll want to know what is included with your loan. For example, if you choose to work with Capital Fund I, LLC you can expect:
- Financing of Soft Costs
- Interest Charged on ONLY the Outstanding Balance
of the Loan
- Loan terms in 24-48 hours upon application submission
- No Prepayment Penalties
(on loan amounts under $1 Million)
- Loan Draws financed in 3-5 days upon submission of loan draw request
The Types of Construction Projects We Lend On
Capital Fund 1 serves clients in the Phoenix area, including Mesa, Chandler, Scottsdale, Peoria, and Glendale as well as Tucson and Northern Arizona. Funds can be disbursed at any stage of the following construction projects:
- Ground Up Residential
- Spec Home Construction
- Build to Suit
- Multi-Unit Developments
- In-Fill Development
Call Capital Fund 1 today for our most current and competitive interest rates on construction and land loans. Your interest rate is locked before the construction begins to protect you from fluctuations in the market.
Construction and Development Financing
Ready to get started?
Give us a call at 480-405-1581, or send us more information on your project through our web form below!
Need to get out of a high interest rate or pull cash out of a property?
Capital Fund I, LLC can help you with our refinance program!