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I'm looking for a construction loan for a house, casita and guest house in Phoenix AZ. I have a credit score of about 700, own th

Own the land and have a 4 12 yr old dismissed bankruptcy...can anyone help me ? joel by Joelsrestaurant33530 from Prescott Valley, Arizona. Feb 8th 2017 Reply


We can help call my office tomorrow 480-940-1230

Feb 8th 2017
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,862 contributions

More info needed, specifically if a home was included in your BK,, and whether or not it was current or in default when you filed.. This all being said, it's highly unlikely you will find a lender willing to lend to you on a construction loan, since these types of loans represent a great risk for a lender.. A lot can change from now to 1 year from now when the home is complete.. having major derogatory events associated with your past makes this loan even more risky... This all being said, if the value of the lot is high enough, then it's possible you might find someone.. but don't get your hopes up.. this is a tough loan to find even if you have great credit.. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Feb 9th 2017
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