Skip to main content


Texans Credit Union will never call you and ask for private information, such as your digital banking username and password, PIN, or Social Security Number. If you receive a call like this, please hang up and call us directly at 972.348.2000.

Contact Us

Construction Loans

Build a Home You Love, From the Ground Up


One Time Close construction offers a single closing to finance both the construction of your house and the permanent financing.  The cost of land can also be financed if you do not already own it. Already own your lot or land? We have a loan for you, too.


Construction Loans

If you’re planning to build or rebuild a home, a Texans Construction Loan1 offers personalized options, competitive rates, and terms that work for your budget:

  • Loan amounts up to $766,550
  • 9-month construction phase with one-time option for 3-month extension
  • Interest-only payments during construction phase


Let us help you make your dream home a reality!

What To Know About Construction Loans:

We've provided some additional information to help determine if a construction loan is right for you:

  • Fully executed fixed price contract with state license builder required
  • Proposed Draw Schedule Program allows for 5 draws
  • Float Down Option Available if requested within 15-days of completed construction
  • Copy of deed required if land is owned free and clear


Ready to get started? Click the link below to talk to a representative about your construction loan!

Check out Texans' Lot Loans to help you finance your dream location. 

Membership Required. Loans are subject to credit and property approval.

1. Texans CU one-time close construction program is available on all purchase or limited cash out refinance (LCOR) applications for a primary residence or second home using a conventional construction loan with Texans Credit Union. Eligible for new construction on 1-unit single family or detached PUD properties located in Texas only. Construction may not begin prior to closing, including footing/foundation work. Maximum construction loan period is 9 months (270 days) with option for one-time extension of 3 months (90 days).  Once construction is complete, final inspection has cleared, and certificate of occupancy (CO) has been received, the loan automatically converts from construction to the permanent 30-year term loan. Property insurance is required, including flood insurance where applicable. Private mortgage insurance is required if LTV is over 80% at time of permanent financing. Maximum loan amount is $766,550.00.

This is not a commitment to lend. Terms, conditions, and interest rates are determined by the overall creditworthiness of each applicant and are subject to change without notice. Certain restrictions may apply and may vary based on borrower qualification and collateral conditions.

Texans Credit Union (NMLS ID 530654) provides home loans through Member First Mortgage, LLC. (NMLS ID 149532).

This website uses cookies in order to offer you the most relevant information. Please "Accept & Continue" for optimal site performance. For more information, please visit our Privacy Policy page.