Can I build a new home with a VA Loan?
Usually, the builder of a new home will have to finance the construction and only requires a deposit from you. Then once the home is built you can use your VA Mortgage to close on the purchase of the new home. If construction financing is not available from the builder, we typically recommend using a construction lender to finance the building process. Then when the home is complete use your VA Loan to pay off the construction loan and put in place permanent 15 or 30 years fixed rate financing.
To get started on your VA Home Loan, call us at 561-810-1711 or fill out the short form on this page. A specialist from our team will contact and assist you with your VA Mortgage pre-qualification.