Borrowers · Texas construction loans
How to get approved
The approval of a construction loan is based upon many factors: financial stability, builder expertise, the home’s cost and specifications, the land itself, and the borrower’s ability to refinance into a long-term mortgage.
All construction loans need to be refinanced into a traditional mortgage, whether it be a Conventional, FHA, VA or USDA mortgage.
The approval process can include up to 10 different companies all working together to achieve one goal: your approval. Luckily for you, this is what we do every day, so we know what information to gather to expedite the process.
Where are you in the process?
Just getting started
If you are in the beginning stages and are not quite ready to complete a full application, answer a few questions for a pre-qualification.
Ready to break ground in the next 90 days
If you have decided on a builder and would like to break ground in the next 90 days, it’s time to complete an application.
Already in processing
If you have an existing loan in processing for approval, check your loan status to see what documents are missing.
Prepare
The approval process
Knowing the process, who is involved and why, and what documents are needed from each party helps you prepare for a stress-free financing experience.
Nine stages →Gather
Loan documents
The borrower, builder and broker document lists, in one place.
Document checklist →Build it yourself
Be your own builder
Think you have what it takes? Construction Financial Solutions is one of the few lenders who allows the homeowner to also be their own builder.
See the criteria →