If you dream of owning a house one day, you have probably realized that one of the biggest challenges is saving money for a down payment. You have already found your dream property, but then the lender asks you to put 20 percent down, which can be tens of thousands of dollars. Fortunately, there are alternative options available, and you may be able to purchase a home for no money down. VA Loans One option for qualifying borrowers is a VA loan. As the name suggests, this is a loan that is backed … [Read more...]
What You Need To Know About A VA Construction Loan
Do you plan on building your dream home? If you are a veteran, you may qualify for a VA construction loan. This could help you save a significant amount of money as you build your dream house, but it is important to understand the details. An Overview Of A VA Construction Loan In general, a VA construction loan has three separate parts. The first part is the cost to purchase the land, the second part is the cost to construct the home, and the third component is the bundle that gives you … [Read more...]
