Forgotten Your Password?

Need to Register?

Question Icon

I need a VA construction loan in Paola Kansas

by chris_white_01_02385 from Paola, Kansas. 29 days ago Reply


Sara Deere (SARAinMO)
#1 ranked lender in Kansas - 483 contributions

The VA Loan Center would be able to assist you with your mortgage need.

29 days ago
1
0
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,411 contributions

Need more information. Are you buying from a developer in a new sub-division, and they fund the construction, or are you wanting to buy a lot somewhere and find a builder to build on that lot? While these are both 'new construction', from a financing stand point, they are very different. For VA loans in MN, WI, and SD, visit me at www.VAMortgageMN.com

29 days ago
1
0
William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,727 contributions

More info needed, but in general, A VA construction loan is literally the "needle in the haystack" type loan.. it's not impossible to find, but near impossible. If you are looking to purchase a new home that's in a subdivision (tract home).. then typically, these types of purchases are done with a deposit to the builder, and then once the home is completed, you apply for a loan. if this is your scenario, then VA is not a problem.. but if you are looking to build a custom home... Find a lot, buy it, hire a builder, build it, and then once completed, finance it with VA.. then this will be near impossible to find using VA right from the start.. If you already own an unencumbered lot, then you could easily find a lender to do a construction loan.. once the home is finished, you can apply for a VA loan to pay off the construction loan.. This would also be relatively easy to do.. I'm a preferred Lender with Arizona and California 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

29 days ago
1
0
Subscribe to our news feed.