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I am the land owner and the builder also how would a v a loan work for me

by oledudder338 from , California. Mar 11th 2018 Reply


Laleh Hanks (laleh@americachoicemortgage.com)
#1100 ranked lender in California - 14 contributions

Hello, I would be happy to help you. VA doesn't does not do construction loans but we could get you another type of loan and then refi into VA. team@AmericaChoiceMortgage.com or feel free to call us 888.226.8840. My ext is 11 and I have been lending VA loans for 16 years!

Mar 11th 2018
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Hi There. We would have toninitially set you up with a short term construction loan, once the property had been build we can refinance you into a VA loan. We handle these types of transactions daily. Please feel free to call me: 949-422-9886 or email me at: abaiat2@stearns.com to further discuss.Regards, Arash Baiat

Mar 11th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,333 contributions

The short answer is yes.. VA does do Construction loans,,, but the trick is finding that lender who does them.. And that's a daunting task.. I've yet to come across anyone doing them.. but if you already own the lot, then you don't need VA to do a construction loan. Once the home is built, then it's possible that a conventional loan will be a better deal for you than VA.. Let me know if I can help.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Mar 12th 2018
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