va construction mortgage loans: VA Construction Mortgage Loan Rates!
- 04/23/17 10:21 AM
VA Construction Loans. What is a Florida VA Construction Mortgage Loan and how does it work? A VA 0% down payment construction to permanent mortgage loan combines the features of a construction loan and a traditional long term 15 or 30 year fixed rate residential mortgage loan with a single loan closing prior to the start of construction. This is a big advantage because most construction loans require two closings one for construction and then another one when the home has been completed, saving you time and money. One of the best things is that you don't pay any interest or mortgage payments (0 comments)
A VA 0% down payment construction to permanent mortgage loan combines the features of a construction loan and a traditional long term 15 or 30 year fixed rate residential mortgage loan with a single loan closing prior to the start of construction. This is a big advantage because most construction loans require two closings one for construction and then another one when the home has been completed, saving you time and money. One of the best things is that you don't pay any interest or mortgage payments during the construction of your new (1 comments)