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Building a custom home is the dream of many Veterans, however many Veterans are wrongly informed that lenders do not offer a VA construction option.
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VA Construction Loan
VA Construction Loan
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Since the VA guarantees the lender the top 25 percent of the loan, no mortgage insurance is required. Most conventional loans require a borrower to put down at least 20 percent of the purchase price or pay mortgage insurance.
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VA Loan Guide
VA Loan Guide