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VA construction loan

952 Views | 3 Replies | Last: 6 yr ago by Jay@AgsReward.com
SquirrellyDan
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AG
Is this still an option? From what I understand, VA at one time offered a construction loan with minimal money down on new construction/custom homes. A lender recently told me these no longer exist, and you need an interim loan during the build which can be transferred to a VA loan once the home is completed. Does this sound right?
SteveBott
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They exist but finding a lender that actually does them may be difficult. None of mine do them.
Jay@AgsReward.com
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AG
Yep, we do a lot of them. They are a true one time close construction product with 0% down. You do have to have some money for reserves to account for cost overruns but nothing into the deal. My email is my screen name here.

This is our site with a lot more info: va-construction-loan.com/
[url=va-construction-loan.com/][/url]
SquirrellyDan
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AG
Attempted to email you, got a message saying your inbox was full. I'll try again later on
Jay@AgsReward.com
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Should be all good now.
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