If you fall a little short in qualifying, please share with us all your details to see if we can make it easier for you to qualify. Sometimes, a cosigner can make all the difference. After the construction loan, the co-signer is released. My in-law's rent was going up and up and my wife and I couldn't find affordable housing for them. I've been a builder my whole life and we had some money set aside, so building a small house for them seemed like a great plan. Unfortunately, I couldn't find a bank willing to finance it.
I am Fred Arnold, its President. We are a small family owned and operated financing company based out of Scottdale, Arizona. At Owner Builder Loans, we offer a creative financing solution for individuals who desire to build their own home by acting as their own contractor. We do not give home improvement loans or loans for speculative built homes. Every construction loan we fund is for an owner-built and owner-occupied home. This is our specialty and we do nothing else. The concept for Owner Builder Loans, LLC was originated by my father, Frederick M. Arnold.
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