Construction Financing for Your Custom Home
Don't let financing complexity hold you back. Canyon Gate Builders guides you through construction loans and connects you with trusted RGV lenders who understand the custom build process.
How Construction Loans Work
A construction-to-permanent loan (also called a one-time close loan) finances the building of your home and then converts to a traditional 30-year mortgage at completion. You pay interest-only during construction — only on what's been drawn — keeping your monthly payments manageable while we build.
Canyon Gate Builders works seamlessly with construction lenders. We provide all required documentation — plans, specs, cost breakdowns, and construction schedule — so your lender approval moves quickly.
Down Payment
10–20%
Typical Timeline
8–14 months
Interest During Build
Interest-only draws
Converts To
30-year mortgage
Credit Score Min
680+
Closing Costs
One set (one-time close)
If You Own Land, You May Already Have Your Down Payment
Many construction loan programs allow existing land equity to count as your down payment. If you already own a lot in the RGV, you may be able to start building with little or no additional cash down.
Example: Own a $80,000 lot in McAllen and need $420,000 to build? Your land covers the majority of a 20% down requirement on the $500,000 project. You may only need $20,000 additional cash.
Let's Talk Financing
We'll walk you through your options at no obligation.