Flower Mound, Texas
Flower Mound Construction Loans
Flower Mound offers a blend of lakeside living and luxury custom home construction, with communities like Wellington, Tour 18, and the shores of Lake Grapevine. A Flower Mound construction loan is designed for borrowers building custom homes in this desirable Denton County market, where build budgets typically range from $800,000 to $3 million.
The Flower Mound Market
Custom Home Construction in Flower Mound
Flower Mound's custom home market benefits from its proximity to Lake Grapevine, DFW Airport, and top-rated schools. The town features a mix of established neighborhoods with teardown opportunities and newer luxury communities with large custom lots. Construction in Flower Mound often involves hillside terrain, lake proximity considerations, and premium finishes. Build timelines typically run 10 to 14 months.
Typical Build Budget
$800K – $3M
Loan Type
One-Time Close
Why One-Time Close
Why Flower Mound Borrowers Prefer a One-Time Close
Flower Mound's varied terrain and lake proximity can extend construction timelines and increase site preparation costs. A one-time close construction loan covers lot acquisition, site work, and construction in one package with a locked permanent rate, protecting you from rate increases during your build.
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 Flower Mound
One-Time Close Construction Loan
Single-close financing covering lot, site work, and construction with a locked permanent rate.
Jumbo Construction Loan
For Flower Mound custom homes exceeding conforming loan limits.
Lot & Land Financing
Secure your Flower Mound building site with a lot loan that converts to construction financing.
Where to Build
Notable Flower Mound Communities
Wellington
A master-planned community in Flower Mound with custom home opportunities and amenities.
Tour 18
A golf course community featuring estate lots and custom home builds.
Lake Grapevine Shoreline
Waterfront and near-waterfront custom home sites with premium lake views.
Builder Network
Premier Custom Builders in Flower Mound
We work with Flower Mound's top custom home builders. While you may choose any licensed builder, here are some of the premier builders active in the Flower Mound market:
FAQ
Flower Mound Construction Loan FAQs
Can I finance a lake-area custom home in Flower Mound?
Yes. We have experience financing custom builds near Lake Grapevine, including properties with elevation considerations and waterfront proximity.
What down payment do I need for a Flower Mound construction loan?
Down payments typically range from 10% to 20% of the total project cost. Land equity can be applied toward your down payment if you already own the lot.
How long does a Flower Mound custom build take?
Custom homes in Flower Mound typically take 10 to 14 months. A one-time close loan covers the entire construction period with interest-only payments during the build.
Ready to Build in Flower Mound?
With 26 years of mortgage experience and over $334 million funded since 2022, Darren Davey is your Flower Mound construction loan expert. Let's discuss your project.