Texas Price Leader is pleased to offer some of the best construction Loans to permanent Construction loan programs in the Huston, Dallas, Fort worth areas in Texas.

Texas Price Leader have spent years establishing our investor relationships so that we can offer the most innovative and flexible home construction loan products, Bad Credit Mortgage Loans, Equity Loans for Construction and many others that on the market.

Sound good? We think so too. Whether you are looking to construct your primary residence, a second home or an investment property, we are ready to help you build the home of your dreams.

First of all you should know that- “Always in Construction loans the lender has to know the story behind the planned construction before they're willing to loan you money”, Basically the Lender want to know the details of what you’re going to do and how much it’s going to cost you.

A Construction Loan is not standardized like mortgage loans underwritten to Freddie Mac or Fannie Mae guidelines.

Construction Loans typically require interest-only payments during the construction and become due upon completion. Completion for homeowners means that the house has its certificate of occupancy.

Construction Loans are usually variable-rate loans priced at a spread to the prime rate or some other short-term interest rate. You, the contractor and the lender establish a draw schedule based on stages of construction, and interest is charged on the amount of money disbursed to date.A very important issue is the project cost the lender is willing to lend. If you already own the land, then that can be considered as equity on the construction loan, if you don’t so it will be a completely different scenario for the lenders.

A Construction Loan, unlike a mortgage, isn't meant to be around for a long time. You may be willing to pay a higher rate on the construction loan if you're doing construction-to-permanent financing and can get better mortgage terms or a longer, better rate lock from that lender.