Find construction financing here for a residential lot purchase, a single-close loan or a fixed-rate conversion. Private Money Lender for Construction Loans in Phoenix, Arizona.Capital Fund I is able to finance a wide array of different construction projects. Let's build your Arizona dream home together. Most loan officers with the banks, require owner-builders to submit an itemized estimate in order to secure a construction loan. Use our Construction Loan Calculator to estimate your monthly payments. To gain approval for a construction loan, the borrower will need to give the lender a comprehensive list of construction details (also known as a "blue book"). If you need a construction loan for a major renovation or to build a new home, AZFCU's custom home improvement loans offer financing that fits your needs. A construction loan can help you finance building a new house, renovation, or making an addition to your current home.