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October 29, 2024

Can Veterans Buy Land with a VA Loan?

First of all, the Department of Veterans Affairs does not allow VA lenders to offer standalone land loans utilizing a Veteran’s home loan eligibility.  However, you can use the VA-insured loan program to buy land if it’s combined with the construction costs of building a new home. This loan product, known as a VA One-Time Close construction to permanent loan, allows borrowers to roll all the costs into one loan, requires $0 down payment for | more...

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October 29, 2024

Can Veterans Buy Land with a VA Loan?

First of all, the Department of Veterans Affairs does not allow VA lenders to offer standalone land loans utilizing a Veteran’s home loan eligibility.  However, | more...