Featured Article by RealtyTimes.com - Home Buyers are Flocking to the FHA Construction Loan Program
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April 5, 2024Are you a first-time home buyer? Some assume that just one type of home loan is offered and that getting the right home means filling out a generic credit application. But the reality is that depending on whether you want to build or buy, there are specific mortgage programs, procedures, and terms you should know about before you commit.
March 28, 2024Interested in building a dream home with a One-Time Close construction loan? There are important issues to know about these projects, starting with the fact that you typically are not allowed to act as your own builder and must hire contractors to do the work. Some borrowers must get used to thinking about this, but fortunately, some general guidelines can help them through the process.
March 22, 2024Get an FHA / VA backed One-Time close construction to permanent financing loan with a 3.5% down payment for FHA or a $0 down payment for VA. Home inventory levels are at historic lows and now may be a good time to consider building a home on your own lot utilizing this Single Close program.
