GROUND-UP CONSTRUCTION · Arizona (AZ) Underwriting Matrix · Stephen R. Mannenbach, J.D., MBA

Arizona Ground-Up Construction Loans (Spec Homes, Duplex/Fourplex & Build-to-Rent) — 2026 Rates, LTV Caps & State Rules

Arizona Ground-Up Construction provide business-purpose real estate investors with Up to 85% LTC / 70%–75% Completed ARV across loan amounts from $100,000 – $15,000,000+ at 9.75% – 11.75% Interest-Only on Drawn Funds (12 – 24 Months Interest-Only, 660+ FICO min FICO, 14 – 21 Business Days close). In Arizona (AZ), lenders underwrite to a Non-Judicial (Deed of Trust — 91-Day Trustee Sale) statutory framework (95–115 days-day average timeline), a 0.56% average property tax rate (~$208/mo at the $445,000 state median), and $440/$100K hazard insurance (~$163/mo).

Max Leverage / LTC
Up to 85% LTC / 70%–75% Completed ARV
Min FICO: 660+ FICO
2026 Rate Band
9.75% – 11.75% Interest-Only on Drawn Funds
12 – 24 Months Interest-Only
AZ Security Instrument
Non-Judicial (Deed of Trust — 91-Day Trustee Sale)
95–115 days days avg timeline
AZ Avg Tax & Ins
0.56% Tax
$440/$100K Hazard Ins

Arizona County-Level Property Tax & Insurance Hubs (5)

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Arizona Ground-Up Construction (2026) — Up to 85% LTC / 70%–75% Completed ARV, 9.75% – 11.75% Interest-Only on Drawn Funds | Stephen R. Mannenbach | Stephen Mannenbach