One-Time Close Loans | FHA and VA Construction Loans
VA and FHA One-Time Close Construction Loans

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VA Loan - One-Time Close Construction Loan
FHA Loan - One-Time Close Construction Loan

Featured Article by RealtyTimes.com - Home Buyers are Flocking to the FHA Construction Loan Program


Featured Article by RealtyTimes.com - Home Buyers are Flocking to the FHA Construction Loan Program
We are proud to be mentioned in this recent article published by Realtytimes.com on FHA One-Time Close construction to permanent loans with a 3.5% down payment - Click on this.
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One-Time Close Loan Tips

One-time close construction loans through the VA and FHA programs are available to any financially qualified borrower, whether they are first-time home buyers or experienced homeowners. All VA loans have a military or uniformed service requirement, but FHA mortgages are for any financially qualified borrower. What do you need to know about these construction loans before saving for one?

Tips On Using Construction Loan Builders

If you would rather build your own new home than buy somebody else’s dream house, you have many options, including FHA One-Time Close mortgages and VA construction loans. No matter your loan type, the need for third parties, including builders, inspectors, and appraisers, is real. You likely won’t be allowed to act as your own builder, electrician, or plumber. Screening these third-party services is important.

How To Compare One-Time Close Lenders

When you decide to build your dream home, one important step is comparing participating One-Time Close lenders for VA and FHA options. When you are ready to start shopping around for a lender, it’s smart to list standard questions to ask each loan officer or financial institution. What questions should you ask when comparing OTC lenders?


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