Celina, Texas
Celina Construction Loans
Celina is one of the fastest-growing luxury home markets in North Texas, known for its rolling terrain, large custom lots, and communities like Light Farms and The Preserve at Mustang Creek. A Celina construction loan provides the specialized financing needed for custom estate builds in this rapidly appreciating market.
The Celina Market
Custom Home Construction in Celina
Celina offers some of the largest custom home lots in the DFW area, with many estates sitting on one to three acres. The town's rural character is rapidly blending with luxury development, creating a unique market for custom builds that combine acreage with high-end finishes. Construction budgets in Celina typically range from $800,000 to $3 million, with luxury estates reaching higher. Many Celina builds involve significant site work, including grading, fencing, and private utilities.
Typical Build Budget
$800K – $3M
Loan Type
One-Time Close
Why One-Time Close
Why Celina Borrowers Prefer a One-Time Close
Celina's large-lot builds often involve extended timelines and significant infrastructure costs. A one-time close construction loan bundles your lot, site preparation, and construction into one financing package with a locked permanent rate. This protects you from interest rate increases during a build that may take 14 to 18 months on a large Celina estate lot.
Single closing with one set of closing costs
Permanent interest rate locked before construction begins
No need to re-qualify after construction is complete
Interest-only payments during the construction period
Automatic conversion to permanent mortgage at completion
Loan Programs
Construction Loan Options in Celina
One-Time Close Construction Loan
Single-close financing covering lot, site work, and construction with a locked permanent rate.
Jumbo Construction Loan
For Celina custom estates exceeding conforming loan limits.
Lot & Land Financing
Secure your Celina acreage now and build on your schedule with flexible lot-to-construction options.
Where to Build
Notable Celina Communities
Light Farms
A master-planned community spanning Prosper and Celina with custom home opportunities and resort-style amenities.
The Preserve at Mustang Creek
A luxury community in Celina with large lots and custom home options.
Cameron Crossing
An emerging Celina community with estate-sized lots for custom builds.
FAQ
Celina Construction Loan FAQs
How much down payment do I need for a Celina construction loan?
Down payments typically range from 10% to 20% of the total project cost. If you already own land in Celina, its equity can count toward your down payment.
Can I finance a large acreage lot in Celina?
Yes. We specialize in financing large-lot custom builds in Celina, including properties with multiple acres, private utilities, and outbuildings.
What is the advantage of a one-time close in Celina?
You lock your permanent interest rate before construction begins and pay closing costs only once. For a Celina build that may take 14+ months, this rate certainty can save you significantly compared to a two-close structure.
Ready to Build in Celina?
With 26 years of mortgage experience and over $334 million funded since 2022, Darren Davey is your Celina construction loan expert. Let's discuss your project.