There’s nothing quite like living in a home designed and constructed exactly to your personality, lifestyle, and tastes – a home built on your terms. That’s the power of a VA Construction Loan. Don’t let an HOA dictate the color of your front door, the style of your mailbox, or the height of your fence. Remember, with a VA Construction Loan. You’re not merely buying a home. You’re creating it.
Why Choose a VA Construction Loan?
We offer VA Construction loans for Builders, Borrowers and Originators with numerous benefits in the form of lower costs, lower risks, reduced paperwork, and increased flexibility for site-built and factory built homes.
VA Construction Loans offer a One Closing for Construction and Permanent Financing. Borrowers do not have to re-qualify after construction is complete and make no payments during construction.
VA Construction Loan Highlights:
✅ Zero Down Payment – No down payment required, keeping more money in your pocket.
✅ No Monthly Payments During Construction – No mortgage payments until construction is finished and you move in.
✅ Interest Rate Protection – If rates drop before your home is finished, you can float down to a lower rate.
✅ One-Time Close – Close once before construction starts—no need for a second loan later.
✅ Buy Land & Build – Finance both the land purchase and construction in one simple loan.
✅ Builder Gets Paid to Start – Your builder receives an upfront 10% draw at closing to begin construction immediately.
Beware of Imitators! If a lender tells you a VA Construction Loan requires a down payment or monthly payments during construction, they are not offering a True VA One-Time Close Construction Loan.