Build Your Dream Home with a VA Single Close Construction Loan

If you're a veteran or active duty service member looking to build your own home, a VA Single Close Construction Loan provides a seamless and cost-effective way to finance your vision. This specialized loan option simplifies the process by combining construction financing and a long-term mortgage into a single loan, eliminating the hassle of multiple applications and closings.

Why Choose a VA Single Close Construction Loan?

Unlike traditional home loans, VA benefits extend beyond purchasing an existing home—they also allow you to finance both the construction and mortgage of a new home. Since this loan is backed by the U.S. Department of Veterans Affairs, you can take advantage of low interest rates, no down payment, and flexible qualification requirements.

With a single loan, single appraisal, and single closing process, this financing option reduces unnecessary delays, multiple loan approvals, and redundant closing costs. This streamlined approach not only saves time but also safeguards you from unexpected financial hurdles during construction.

How to Qualify for a VA Single Close Construction Loan

To be eligible, applicants must meet VA loan requirements, including:
✔ Veteran, active duty service member, or eligible surviving spouse
✔ Credit score of 640 or higher (varies by lender)
✔ Builder approval by the lender and contractor registration with the VA
✔ Appraisal to assess project value
✔ Standard VA loan guidelines apply

Once approved, construction can begin within 30 days of closing. Our team will oversee the process, including inspections, surveys, and builder coordination, ensuring a smooth transition from groundbreaking to move-in day.

Get Started Today

If you’re ready to explore whether a VA Single Close Construction Loan is right for you, contact us today. We’ll guide you through the qualification steps, answer any questions, and help turn your dream home into reality. Check out our FAQ section or reach out to learn more!