Construction loans are specialized, short-term loans designed to finance the construction of a new home or property. These loans differ from traditional mortgages in that they cover building costs rather than purchasing a pre-built home. Once the construction is complete, the loan usually converts into a permanent mortgage or must be paid off. This type […]
The VA One-Time Close Construction Loan can be a game-changer for veterans looking to build a home. This special loan option allows eligible service members, veterans, and certain military family members to finance the construction of a home without separate approval processes or multiple loans. It’s designed to simplify home building and eliminate the hassle […]
