Any experience with VA Construction Loan

[Giordano Rodriguez]

Hello friends,

I've identified a piece of land in New York. I was wondering if any one has experience with obtaining a VA construction loan. I'm a member of the US Coast Guard. I have the certificate of eligibility. And would like to use this benefit to buy the land and build a home on it.

Any advice would be appreciated. Thanks for your help. 

Gio 

[Leo Skipper]

Hello,

I know this is an older thread, but for anyone who is interested in VA Construction Loans, I found two lenders as I am in the middle of doing the same thing in Atlanta Georgia. They are Security America Mortgage and Capital City Bank. Both do a one time close before construction begins, and then it's automatically converted to a VA mortgage after completion. I've been pre approved for both, and look to start my construction journey in a few months. I'll let you know how it turned out.