Veterans who want to have their own custom homes built by a professional builder can do so with the VA Zero Down Onetime close construction loan in Florida. As an added benefit Veterans using the VA Home Construction loan also pay no interest during construction as with borrowers do with other construction loans.
So how big can your loan be? According to the VA Home Construction Loan updates of January 2020 there is no longer a limit if the Veteran has their full entitlement. If you qualify for the payment there is no ceiling according to the VA.
|Due to Current Market Conditions the VA is restricting all Construction loans to the Conforming Maximum of $647k - $715k as of January 1st, 2023. If you need a loan larger than this then we do have our one time close portfolio loan for 5% to 15% down (depending on property type and loan amount) down up to $1m|
Getting a home construction loans is easy with a Zero down payment for Veterans from Washington to Florida and Massachusetts to Florida you can get a home construction loan in Florida and nationwide for nothing down for a Veteran Home Construction loan in Florida. You and your family can realize the dream of owning not only just a home but a custom home built just for you and your family just the way you like it.
Just contact us and we’ll be delighted to assist you in getting a home construction loan and building your dream home in Florida or wherever you may need it nationwide. We do everything as a one-time close which means when you close on the construction loan you don’t have to go through the underwriting process again, saving you time and money.
Florida Land and Home 0% down payment VA Construction loan to build your custom home are available across the State of Florida.
If you have a professional turnkey builder in mind or would like to use one of our approved builders to build your personal Home, Construction Loans are also available nationwide in the following states. NOTE: Builder Must be approved before your construction loan process can start.
Note: Our VA no down payment, low-down Home Construction loan programs are NOT available for any of the following: owner-builder, self-build, manufactured homes, modular homes, to finish a house that is already started, or builder spec loans