Capital Home Mortgage Texas

Texas One Time Close Home Loans

Texas one time close construction Lender

Welcome to Capital Home Mortgage Texas,  where we strive to provide Texas homebuyers wanting to build their dream home a variety of Texas Construction Loans, including the One Time Close Texas Construction Home Loans.  Ig you are looking to build a home in Texas we a program to fit every individuals particular needs.  Whether you are looking to build your first starter home, needing a larger family home for the kids to grow up in or looking to downsize into the retirement bungalow we have the solution.  As a Texas One Time Close Construction Lender we understand that building a home can be overwhelming, which is why Capital Home Mortgage Texas offers dedicated points of contact throughout the Texas One Time Close Construction Loan process.  This  provides a stress-free experience resulting with an on-time closing and a smooth construction process. 

Capital Home Mortgage Texas manages the entire lending process from application, to builder approval to move in date.  Our in-house processing, underwriting construction management enables for quick common sense approvals. 

Call Today (800) 960-4565 to speak to one of our Texas Construction Loan Officers.

Texas one time close home mortgages

Texas one-time close construction loans, also known as “construction-to-permanent” loans, are a type of financing that covers both the construction phase and the permanent mortgage in a single loan package.  With a one-time close construction loan, borrowers only need to go through the loan application and approval process once. This simplifies the financing process compared to obtaining separate loans for construction and permanent financing.  Since the construction and permanent financing are combined into one loan, borrowers save time and paperwork. There’s no need to reapply for a mortgage once the construction is complete, which can be particularly beneficial if interest rates rise during the construction period.

One-time close construction loans typically offer fixed interest rates for both the construction phase and the permanent mortgage. This provides borrowers with stability and predictability in their monthly payments.  Unlike traditional construction loans that require two separate closings (one for the construction loan and another for the permanent mortgage), one-time close construction loans involve a single closing process. This saves borrowers time and closing costs.

During the construction phase, funds are disbursed to the builder or contractor in stages as work progresses.  Borrowers typically don’t make payments on the disbursed funds during construction. Once construction is complete, the loan converts to a traditional mortgage, and borrowers begin making principal and interest payments.

Borrowers need to meet the loan programs qualification requirements for both the construction loan and the permanent mortgage. This includes factors such as credit score, income, debt-to-income ratio, and down payment.

There will be specific requirements for builders or contractors involved in the project.  Builders need to be licensed, insured, and have a track record of completing similar projects.  Detailed project plans, construction contracts, and cost estimates before approving a one-time close construction loan.  Borrowers need to provide comprehensive documentation outlining the scope of the project.

One-time close construction loans can be an attractive option for borrowers in Texas looking to finance the construction of a new home while simplifying the loan process.

Texas One Time Close Construction Home Loans

Features of Texas One Time Close Construction Loans

The One-Time Close Construction Loan features a single closing date and interest rate. Borrowers may find this type of loan an affordable alternative because they only need to pay for one closing and may lock in their permanent interest rate. Obtaining a One-Time Close Construction Loan entails numerous procedures, including loan approval by the lender, builder registration, delivering documentation, and drafting drawings and specifications.

Texas One Time Close Construction Loan Benefits

  • Only one application: eliminates the need for the borrower to apply for two separate loans, saving time and effort.
  • The borrower saves thousands of dollars in closing costs by eliminating the requirement for two separate closings.
  • A single appraisal valuation eliminates the possibility of appraisal surprises because just one evaluation is necessary for the loan.
  • Minimum down payments or Zero Down Depending on Loan Program Used.
  • A single set of closing documents is used for the One-Time Close Construction Loan, making the process more streamlined and quick.
  • Affordability: Because the borrower only has to pay for one closing, they can lock in the permanent interest rate, making the transaction more reasonable.
  • Ease of funding: The One-Time Close Construction Loan simplifies the financing of a new house.

Types of Texas Homes that Qualify for One Time Close Construction Loans

The One-Time Close Construction Loan can be used for Single Family Home, Manufactured Homes, Modular Homes and Barndominiums.  Due to Current Market Conditions our current Maximum Length of Construction is Limited to 12 months.  This is Subject to change with Market. 

Texas Single Family Home

Texas Manufactured Home

Texas Modular Home

Texas Barndominium Home

Types of Texas Homes Loans that Qualify for One Time Close Construction Loans

The One-Time Close Construction Loan can be used with a several different home loan programs:  FHA, VA, USDA, Native American HUD 184, and Conventional.  Each program has different credit score and loan to value restrictions as well as different fees.  This is Subject to change with Market. 

Texas FHA Home loans

Texas VA Home Loans

Texas USDA Home Loans

Texas HUD 184 Home Loans

Texas Conventional Loans

Apply For a One Time Close Texas Construction Loan

The construction of a new Texas home is a significant undertaking with numerous factors to consider.  With a One-Time Close Construction Loan, Capital Home Mortgage Texas is here to facilitate this process.  From ground breaking to move-in, we provide a seamless process.  Our Loan Officers will work with you and your home builder to ensure everything flows well.  Call Today (800) 960-4565 to speak to one of our Texas Construction Loan Officers.  
Why Texas HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Mortgage Payment

TExas Construction Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Texas One Time Close Construction Home Loans

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.

  • Primary Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Texas Mortgage Company Reviews

Texas Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132
Texas Mortgage Programs

Texas Purchase loans

Looking to Purchase a Texas Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
  • Primary, 2nd Home, Investment
  • Low Rates & Fees, No fee Options
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo & Renovation
  • Manufactured, Construction, Reverse

Texas Renovation Home Loans

Looking to Rehab a Texas Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
  • Remodel, Renovate or Repairs
  • FHA 203K Streamline 
  • FHA Full Documentation Rehab
  • Fannie Mae Homestyle Reno
  • Freddie Mac Home Choice Reno

Texas FHA Home loans

Great 1st Time Texas Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.
  • Smaller Down Payments
  • Flexible Underwriting Guidelines
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Down Payment Gifts Allowed

Texas va Home Loans

100% Financing for Texas Vets

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
  • No Mortgage Loan Limits
  • Simple Qualifying
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Manual Underwriting Allowed

Texas Conventional Home loans

Flexibility for Texas Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
  • Primary, 2nd Home, Investment Properties
  • Single and Multi-Family Properties
  • Variable Mortgage Insurance Options
  • Low Rates & a Variety of Mortgage Terms
  • Renovation Programs Available

Texas Jumbo Home Loans

Texas Non-Confirming Home Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
  • Primary & 2nd Homes
  • Variety of Mortgage Programs
  • Simple Qualifying for Veterans
  • Investor Specific Guidelines
  • Credit Score Minimums

Texas USDA Home loans

100% Texas Rural Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.
  • Primary Residences
  • No Down Payment Required
  • New Manufactured Homes Allowed
  • Closing Costs / Repairs Rolled In
  • Geographic and Income Limits Apply

Texas Native american Home Loans

Texas Hud 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.
  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed
  • Purchase, Refinance, and Renovation

Texas Manufactured Home loans

Great Texas Alternative Housing

Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
  • Existing Purchase or Refinance
  • New Construction
  • One Time Close Land/Home Combo
  • Lock at Contract
  • FHA, VA, USDA, Native American

Texas Reverse Mortgage Loans

Your Home Texas at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
  • Primary Residence Only
  • Simple Qualifying – Equity Based
  • No Credit Score Requirements
  • Minimum Age 62
  • Purchase, Refinance, and Cash-Out

Texas Non QM Home loans

Making Texas Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
  • Purchase, Refinance & Cash-out
  • Primary, Secondary, Investment Properties
  • Full Doc Programs
  • Alt Doc Programs
  • Corporations OK

Texas One Time Close Home Loans

Build Your Texas Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.
  • Primary Residences Only
  • One Time Close
  • Lock Rate at Closing
  • Traditional Final Mortgages
  • No Payments During Construction

Texas Refinance Mortgage loans

Texas Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.
  • Lower Monthly Payment
  • Shorten Mortgage Term
  • Streamline Options Available
  • Appraisal Waivers Allowed
  • VA IRRRL’s

Texas Cashout Mortgage Loans

Texas Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.
  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Dream Vacation
  • Higher Education

Texas Cities

Houston Home Loans

San Antonio Home Loans

Dallas Home Loans

Austin Home Loans

Fort Worth Home Loans

El Paso Home Loans

Corpus Christi Home Loans

Laredo Home Loans

Lubbock Home Loans

Amarillo Home Loans

Brownsville Home Loans

Killeen Home Loans

Midland Home Loans

Waco Home Loans

Odessa Home Loans

Abilene Home Loans

College Station Home Loans

Beaumont Home Loans

Wichita Falls Home Loans

San Angelo Home Loans

San Marcos Home Loans

Galveston Home Loans

Tyler Home Loans

Mcallen Home Loans

Stephenville Home Loans

Texarkana Home Loans

Round Rock Home Loans

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