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 selecting 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.
For more information on the VA Construction Loan, read this Article