New home construction below the Santa Catalina Mountains in Arizona.

Build Your Dream Home in Arizona

Find a Loan Officer

Arizona Construction Loan Calculator

Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
Loans are subject to credit approval. Restrictions and limitations may apply.
0.768333% tax rate used in estimate.
Rates for owner occupied homes only.
This calculator is for educational purposes only, and may not represent WaFd Bank's lending program requirements.
Ask us about additional available loan programs.

Payments quoted may include estimates of taxes & insurance, so actual payments may be higher.
Loans are subject to credit approval. Restrictions and limitations may apply.
0.77% tax rate used in estimate.
Rates for owner occupied homes only.

This calculator is for educational purposes only, and may not represent WaFd Bank's lending program requirements.
Ask us about additional available loan programs.

Arizona Construction Loans - One Time Close

Let's build your Arizona dream home together. Our local professionals specialize in home construction loans and work with you and your builder from application through completion of your new home. We handle all draws and inspections during construction.

How does a construction to permanent loan work?

WaFd Bank is unique when it comes to construction loans and home building financing in Arizona. With our All-in-One Construction to Permanent Loan, construction and permanent financing are conveniently rolled into one loan, so your permanent interest rate is locked in before you break ground. That means no requalifying or second appraisal after your Arizona home is built. With our cross-collateral loan program, you may be able to wait to sell your current home until after you move into your new home.

See Arizona's Rate

Find an Arizona Loan Officer

Our Custom Construction Loan Advantage

Check out our free WaFd Bank Custom Construction ebook!

Benefits of working with WaFd Bank

We keep your loan! We don't sell it to Wall Street or Fannie Mae.

We have competitive mortgage rates and will be with you every step.

You can quickly and securely apply online in minutes.

We keep your loan! We don't sell it to Wall Street or Fannie Mae.

We have competitive mortgage rates and will be with you every step.

You can quickly and securely apply online in minutes.

Your local Arizona loan officer can help you get started

Find your local loan officer

Construction-to-Permanent Loans Explained

7 Tips for Buying Land to Build a House

Should I buy or build a home?

WaFd Bank has partnered with Built to streamline draws, inspections and more.

Learn how Built works

Arizona Construction Roadmap

Set Objectives

Meet with your architect or builder to plan your dream home.

Project Planning

Set your budget, determine the scope of work, and establish a timeline for completion.

DIY or Contractor?

Doing it yourself or working with a builder? We can work with you either way. Our custom construction loan officers at your local WaFd Bank branch will walk you through the process of completing your project.

Begin Construction

Our custom construction loan officers work with you to manage payouts to your builder each month as construction progresses from beginning to end.

Save Up to $600 on Closing Costs With a Checking Account From WaFd Bank*

Find out how!

Frequently Asked Questions

See More FAQs

Expand All

Still can't find what you are looking for? Contact your local branch or call us 24/7 at 800-324-9375.

Want more help? Come See Us

If you've done all your research and still want help with your construction loan, just stop by. We're nearby, and we'll sit down with you and answer any questions you may have.

Phoenix, Tucson, Yuma, Mesa and Arizona

* To qualify for the maximum $600 discount, before closing documents are prepared you must (1) have or open the WaFd checking account, (2) register for EZ-Pay from the new checking account, and (3) sign up for direct deposit of at least one form of a monthly recurring source of income.