Buy New Construction
in Denton County

Background image texture

Alternative Financing

With a new construction home, traditional financing and even unconventional loans such as VA, FHA and USDA loans are accepted by most home builders. Save money in the long run by securing a mortgage with terms favorable to your financial situation. Whether you want a variable interest rate, a low interest rate or a zero money down payment, get the flexibility you deserve when you buy a new construction home.

Plan Ahead

Most homebuyers struggle with anxiety and stress before and after a home is purchased – it’s a major decision and sometimes there is little time to act! With a new construction home, you can plan ahead for the big move. Get on a builder’s waitlist, take a tour of the new home community, and walk-through a model home. When the home gets closer to completion, a move in date is provided. When you compare this to buying an existing home, the process may even feel painless!

Builder Discounts

For 2023 and beyond, take advantage of deals that home builders are offering to qualified buyers. Many offer in-house financing or partner with mortgage lenders, providing lower interest rates as a popular incentive. Known as a mortgage rate buydown, some builders offer as much as a 3.75% interest rate in the first year of ownership. Other builders are including free design upgrades, discounts for use in your down payment or for closing costs. Talk to your builder representative about the latest promotions and incentives they are offering for their new construction homes.

2-story dark gray home with red door and white fence around front porch

New Homes Near
Denton, TX

Are you actively searching for homes for sale near Denton? The Town of Northlake, where our new home community is located, recently surpassed 4,000 residents, and grew 8.38% in 2020. Denton County homebuyers seeking affordable new homes are flocking to Northlake for its small town charm, great school district and planned communities.

Pecan Square by Hillwood partners with DFW’s top builders to offer new construction homes in a variety of floor plans, price points and styles. At Pecan Square, you’ll be living in an HOA community with other new homes which means you’ll be able to quickly build equity in a desirable, up & coming neighborhood. Enjoy our award-winning amenities within the community (with more on the way!) or venture out to the retail, entertainment, and dining options that are popping up all over Denton County.

Compare Loan Options
at Pecan Square

Fixed VA Loan, APR


  • Lower Interest Rates
  • No Down Payment!
  • No PMI or Mortgage Insurance


  • Only Available for Military & Spouses
  • Requires Loan Funding Fee
Fixed FHA Loan, APR


  • Easier Refinance Process
  • Available for Lower Credit Scores
  • 3.5% Minimum Down Payment


  • Strict Property Requirements
  • Mandatory Mortgage Insurance
Conventional Loan, APR


  • Multiple Lender Options
  • 3% Minimum Down Payment
  • Easier Loan Approval Process


  • Higher Credit Score Requirements
  • PMI Required for Low Down Payments
Fixed USDA Loan, APR


  • Zero Down Payment!
  • Option for Low Credit Borrowers


  • Only Available for Rural Properties
  • Only Available for Low Income Borrowers

More Benefits of Buying
New Construction Homes Near Denton*

  • Lock in a better interest rate with more loan options accepted by home builders.
  • Conserve cash for a down payment – less is needed when buying a new construction home and closing costs are not always necessary.
  • Utilities for a new construction home are often more affordable compared to a preowned home.
  • Skipping a home inspection for an existing home could uncover major repairs after purchase that are the buyer’s responsibility.
  • Even minor remodeling costs and home maintenance costs are higher on pre-owned homes vs. new construction homes.
  • Pre-owned home inventory is limited in Denton County, plus, the average year when a house was built in Northlake is 2009, so homes are outdated.
  • Building equity in a pre-owned home can take longer compared to a new construction home, especially when the final offer is over the appraised value.
  • Purchase a new construction home at your pace by planning ahead and avoid the stress of making a home purchase decision within just a few hours.
  • Select some materials and styles with many floor plans and square footage options to suit your family’s needs.