One-Close Construction Loans | Kay Huffman

This streamlined structure helps simplify the building process by reducing duplicate paperwork, minimizing multiple approval cycles, and eliminating the need for a second closing once construction is complete.

🌟 Key Benefits (Reg Z–Safe)

Single Closing for Construction and Permanent Financing

The loan converts automatically to permanent financing after construction, eliminating the need for a second closing.

Simplified Process

One set of closing documents, one approval process, and one underwriting cycle help reduce complexity for the borrower.

Protection From Changing Guidelines

Because the loan is approved upfront, borrowers avoid re‑qualifying once construction is complete.

Flexible Property Types

May be used for custom homes, builder‑constructed homes, and certain modular or manufactured homes, depending on program guidelines.

Interest‑Only During Construction (Program‑Dependent)

Some programs allow interest‑only payments during the construction phase, helping align costs with the building timeline.

Builder and Contractor Flexibility

Many programs allow borrowers to choose their own licensed builder or contractor, subject to approval.

🏠 One‑Close Construction Loan Options

Conventional One‑Close Construction

Designed for borrowers building a primary residence, second home, or investment property, depending on program eligibility.

FHA One‑Time Close Construction

Offers flexible qualification guidelines and supports buyers who may benefit from more accommodating credit and income standards.

VA One‑Time Close Construction

Available to eligible Veterans, active‑duty service members, and qualifying surviving spouses building a primary residence.

USDA One‑Time Close Construction

Supports buyers building a home in USDA‑eligible rural or suburban areas, subject to income and geographic requirements.

🌟 Why Texas Buyers Choose One‑Close Construction Financing

Texas homebuyers appreciate the simplicity, predictability, and efficiency of a single‑closing construction loan. Whether you're building a custom home on your own land or working with a preferred builder, One‑Close Construction Loans provide a streamlined path from groundbreaking to move‑in day.

Building Your Dream Home?

Talk to Kay about one‑close construction options — one conversation, no obligation.

📞 Call 817-456-3555 Apply Now

📄 Required Disclosures (Texas‑Compliant)

Texas Mortgage Disclosure

This is not a commitment to lend. All loans are subject to credit approval, property eligibility, builder approval, and program guidelines. Terms and conditions may change without notice. Not all applicants will qualify.

Equal Housing Opportunity

We are an Equal Housing Lender. Housing discrimination is prohibited by federal law.

NMLS Consumer Access

Verify a mortgage company or individual license at: www.nmlsconsumeraccess.org

Texas Recovery Fund Notice

Consumers wishing to file a complaint against a mortgage banker or licensed residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending. Forms and instructions are available at www.sml.texas.gov.