Exactly What Can I Build With A VA Construction Loan?

Exactly What Can I Build With A VA Construction Loan?

Loan provider standards are incredibly very important to this sort of VA mortgage loan. Not absolutely all loan providers will issue loans for several home kinds, and construction loans are not any exclusion. Some lenders won’t approve VA construction loans for mobile houses, modular houses, or produced housing.

These loan providers might only approve “stick-built” homes, that is this is of the house that is typical through the ground up.

Some VA lenders may well not approve VA construction loans for multi-unit properties, but other people might. [Read more…]