Building a new home is exciting. For a buyer to use a VA home loan on new construction, there must be a VA approved builder. Although VA builder approval is required, it is not a daunting task. If a builder is going to sell a home to military or veteran buyers,... Read More
Low down payment options for today’s buyers is a popular concern among other areas. In this series, we are providing tips to avoid the Most Common Roadblocks to Home Ownership. So far in previous weeks, we have discussed how to solve Limited or bad credit ... Read More
Veterans and service members have access to unbeatable financing called a VA loan. Where VA eligible buyers run into problem sometimes is building a new home. Finding VA construction loans is very difficult today and most lenders require 20% down payment or more.... Read More
Building a home is a dream for so many, but keep in mind that in many ways there are many more steps compared to buying an existing home. A construction loan process for stick built and modular homes has a lot moving pieces. In addition, building a home has so ... Read More
Most banks and lenders will lend up to 80% or less on a construction to permanent scenario. But for borrowers in NC and SC, we have great options for building a new dream home. We combine the flexibility of an FHA loan with the benefits of construction financing.... Read More
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- 2018 FHA Loan Limits Increases Homeownership Opportunities for BuyersDecember 8, 2017 - 11:37 am
After the recent announcement of the conforming loan limits increase, FHA has now announced their own increase. Housing prices have continued to climb which is a good thing to owners, but can be a struggle for home buyers. As a buyer sits on the sidelines as a renter or living with family, prices are rising. […]
- 6 Reasons to Get Your Certificate of Eligibility Before BuyingDecember 8, 2017 - 6:30 am
In order to get a VA loan, it is important to make sure that the Veteran is first eligible for VA. Often, we are able to get the VA Certificate of Eligibility for the Veteran within a couple minutes online. But, there are times that this information is not available online. Therefore a Veteran has a […]
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