- Lower Interest Rates
- No Down Payment!
- No PMI or Mortgage Insurance
- Only Available for Military & Spouses
- Requires Loan Funding Fee
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.
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!
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.
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.