VA Construction Loan FAQ
VA Construction Loan
Individuals eligible for the VA Loan can utilize their benefit to construct a home brand new. The VA Construction Loan is a one-time close, construction to permanent loan. Each home is built to the veteran's unique preferences.
New home construction allows you to first pick the location in which you want to live. You are in the driver's seat to make the determination on which way to go throughout the entire process. Imagine designing the home that best fits your style. You choose the floor plan and all of the furnishings including counter tops, flooring, and appliances. This program is perfect for veterans with service-connected disabilities who require specially adapted homes. Even use your VA Construction Loan to incorporate energy saving efficiencies like LED lighting and solar energy.
Unlike conventional loans, all you need is a 620+ credit score. The VA Construction Loan is 100% financing.
We want to make this as simple as possible.
Ready to get building?
Purchase a Lot
Traditional VA loans allow for the purchase of 1-4 unit dwellings. Unfortunately, the VA Construction Loan can only be used to build a single unit, single-family home. We can help you with developing a 1-4 unit dwelling purchased with your traditional VA loan.