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.
Start Building Your Dream Home Today with a VA Construction Loan
Why Choose a VA Construction Loan?
Qualify for a VA Construction loan using One Time Close with Rate Lock Protection. Designed for Builders, Borrowers and Originators.
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.
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:
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Zero Down Payment: VA Construction Loans don’t require a down payment.
- Buy Land & Build: Wrap the land purchase and construction loan into one transaction.
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One-Time Close: Close upfront before construction starts. Upon completion, you may float down to a lower interest rate if they have dropped.
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Versatile Home Types: Barndos, modular, and multi-family homes are permitted, given there are comps in the area.
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No Monthly Interest Payments During Construction: Payments begin only after construction is completed and you move into your new home.
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Upfront Builder Draw: The lender provides an upfront draw of 10% to the builder at closing to start construction immediately.
Why Choose a VA Construction Loan?
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.