Construction Loan Rates in Texas — 2026

Construction loan rates in Texas are higher than permanent financing — that’s normal and expected. You’re borrowing for a shorter term with a property that doesn’t yet exist as full collateral. Here’s what to expect.

Current Construction Loan Rates (Texas)

• Commercial Construction: 10% – 13% during build phase
• Residential Construction: 9% – 12%
• Fix & Flip / Rehab Loans: 10% – 13%
• Mixed-Use Construction: 10% – 13%

Rates are estimates. Call 877-895-3634 for today’s exact rate on your project.

Construction Loan Structure

Construction loans are draw-based and interest-only during the build phase. You only pay interest on funds actually drawn. Once construction is complete, you either refinance into permanent financing or pay off from a sale.

Get Construction Financing

Call 877-895-3634 with your project details. We’ll quote you a real rate and tell you what documents we need. No upfront fees.