VA Single Close Construction Loans
If you're looking to build your own home, especially as a veteran or active duty service member, a VA Single Close Construction Loan offers a straightforward path to financing your dream home. VA benefits go beyond traditional home purchase loans, providing options to finance both the building and financing of the home you envision. With a VA single close construction loan, you can leverage your earned benefits to save time and money through a simplified financing process that requires no down payment. This loan combines the construction and long-term mortgage into a single package. The VA single close construction loan, insured by the U.S. Department of Veterans Affairs, is designed to be easy to qualify for and simplifies the entire process of paying for and building your home. Because these loans are backed by the VA, they feature competitively low interest rates and do not require a down payment. This streamlined approach means you only need one loan, one appraisal, and one closing process, eliminating the need for multiple loans at different stages of construction. This not only reduces the time to build and move into your new home but also protects against unforeseen circumstances and avoids paying multiple closing costs. To explore whether you qualify for a VA single close construction loan, reach out to us. We can guide you through the steps and qualifications needed to start building your new home efficiently. Once approved, construction can begin within 30 days of closing. Throughout the process, we'll manage the construction phase, including necessary inspections and surveys. Key requirements for a VA single close construction loan include being an eligible veteran, spouse, or active duty member of the military, having a credit score typically of 640 or higher, obtaining lender approval for the builder, ensuring contractors are registered with the VA, and conducting an appraisal to assess project value. Standard VA loan guidelines apply to this single close construction loan. If you have questions about financing your new home, check out our FAQ section or reach out to us for more information. Building your dream home can be a reality with a VA single close construction loan.
How to find your perfect home!
Are you looking for the perfect home to start a new chapter in your life? It can be an overwhelming process, but don't worry – this step-by-step guide will help you narrow down your options and find the best fit for your needs. First, you’ll want to determine how much you can afford, and don’t forget to factor in taxes and any homeowner’s association fees. After that, create a list of must-haves, like the size of the home or the number of bedrooms. You may also want to consider things like the neighborhood, proximity to amenities, and school district. Second, with the help of a local professional real estate agent, compare typical listings in the area with your criteria and budget to get an idea of the market value. From there, you can start searching online and attending open houses to view home options. Third, Remember, you’re looking for the right fit, so don’t be afraid to be selective. When you’ve chosen a home, make sure to get it professionally inspected prior to making an offer so you can be sure everything is in order. Finally, take your time making a decision. This is one of the most important decisions in your life. With enough patients and the help of key professionals on your side, your perfect home is around the corner.
How my early accomplishments provide me with the necessary tools to win for my clients.
Nicolas “NICO” A Scaron has demonstrated and redefined, what resiliency truly means. After immigrating to the United States with his family in 2001 at the age of ten, he was faced with many challenges such as adapting to a new culture and learning a new language, but none of these challenges presented themselves as obstacles in obtaining the American Dream. Growing up in Tampa, FL. he attended Leto High School and Hillsborough Community College (HCC), where he graduated with a degree in Business Administration. Thereafter, he attended the University of South Florida (USF) and obtained a bachelor’s with a major in International Studies and a minor in Naval Science. Shortly after Mr. Scaron enlisted in the U.S. Navy. and joined the U.S. Special Operations Community as a member of the bomb squad. As a Senior Explosive Ordnance Disposal (EOD) Technician/Operator, he has proven himself in the management of dynamic, high-stress, high-risk operations and training projects. After serving his country, Mr. Scaron decided to devote himself to helping others obtain the American dream of homeownership. Mr. Scaron is now a full time Real Estate Agent working within the residential sector helping individuals from all walks of life. As a person who truly understands what it means to be resilient, Mr. Scaron will bring this level of commitment to all his clients while upholding the highest level of Integrity and excellence.
Go-to Landmarks in Tampa, FL.
Coming to Tampa? You're in for a treat! Let’s start exploring some of the amazing landmarks this city has to offer. 1. Ybor City: Once known as the 'Cigar Capital of the World', it's a historic neighborhood featuring restored factories, Cuban restaurants, and nightlife worthy of its Cuban heritage. 2. Riverwalk. This 2.4-mile stretch of landscaped public parks along the Hillsborough River offers stunning views of sunny Florida. 3. The majestic Tampa Theatre. Built in 1926, this historic movie palace is filled with grand staircases and its magnificent ornate architecture. 4. Finally, experience the nostalgia of the old-fashioned Trolley! Enjoy a 12-mile ride from Downtown Tampa to historic Ybor City and back with stops at many of the areas best attractions - it's a great way to experience this vibrant city. So there you have it - four must-see landmarks when you come to Tampa. Enjoy exploring!
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