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Get Up To 100% VA One-Time and two-time Close Construction Loans By The #1 VA OTC Lender As Rated By Investopedia.

Land & Total Build Costs In Just One Loan, or Two. VA Jumbo is Available. Qualified Borrowers May be Eligible For up to $50,000 Extra Before Or After Closing.

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VA One-Time Close, Single-Close, Two-Time Close, Jumbo, Portfolio Construction, & Extensive Renovation Loans Starting At 640 Credit Scores.

Fully Entitled Veterans Can Get Up To 100%, Zero-Down, Zero Out-Of-Pocket Financing To Buy New Land, Pay Off Existing Land, And Build Their Dream Home In One Great Loan Or Two.

At VAnationwide.com, we’ve been closing one-time close construction loans for years longer than most bankers have known they were even in existence. While many think these are elusive unicorns and too hard to obtain, we are happy to help you get this loan.

They’re not the most accessible loan at all; however, we built one of the top teams in the country that closes and processes these loans daily. Most loan professionals have yet to close their first loan like this and wouldn’t know where to start. So, it’s imperative to choose a team with vast experience when choosing to build.

Choose wrong, and you’ll almost be sure to miss your closing date, end up with a loan denial when you should’ve been approved, or these delays could cost you land contracts and be met with increased build costs. None of these are good situations.

Overall, as our borrower, you may already own your piece of land; it can be paid off or have a loan balance. If there is a loan balance to pay off, it will be paid off with our closing. If there is equity or it’s free and clear, land equity will count towards the down payment or equity on the new loan. If you don’t have land, land can be purchased under contract and paid off in our VA one-time close construction loan closing.

We fund through the final construction phase, from start to finish. There is no other loan you require. The VA One-Time Close Construction Loans represent all transactions in one loan, with greatly reduced closing costs over many other banks offering this option. One appraisal, one underwriter looking at your file instead of 3, and one rate lock.

Traditional construction loans mostly require borrowers to get a loan for the land, with many lenders requiring significant down payments on that land, more so now that the economy has taken a hit and banks have tightened their funding.

Then, you would need to get a construction loan, where most lenders also require a significant down payment for the same economic reasons.

That’s two loans; after the construction is complete, you need to do a final loan to pay off the construction loan and consolidate your land loan. The last loan is called “construction-to-perm financing or “take-out financing.”

That is three loans with significant down payments, three sets of closing costs spread out over three loans, 2-3 appraisals, and 2-3 underwriters. Attempting this in multiple loans with different banks involved in different stages of the process brings some risks, where rates, economy, and job situations can turn unfavorable.

Do you have the time, resources, and patience for that long-drawn-out process? We didn’t think so, and that’s why a VA One-Time Close can be much more advantageous.

Keep cash in your pocket, limit down payments, and partner with a bank that brings forward multiple solutions to fund your new dream build.



Providing Zero Out of Pocket, 100% VA One-Time Close Construction Loans For The Following Property Types.


VA Modular Construction Loans, Modular and Land Home Loans, VA construction loans from VAnationwide.com

YES, Prefabricated Modular Homes, Steel Homes, SIP Panel, ICF (Insulated Concrete Foam), Foam Homes, Log-Kit Homes, and accessory Dwelling Units Allowed:

  • Modular homes are viewed by our team in the same way as stick-built or site-built homes. Many borrowers choose modular homes for many reasons. Their superiority to build quality in climate-controlled conditions and faster construction times when dealing with more in-climate weather around the country make these homes a great option. Not to mention, the costs are significantly reduced over site-built homes. Modular Homes are usually built in more than 4-10 sections, do not come attached to an axle and tongue, and are not issued a VIN like a Manufactured Single, Double, or Triplewide. You can choose builders from across the country, order your home, and have it delivered, installed, and set up under this program.


VA construction loans for site-built, stick-built homes, land and home construction loans for Veterans from VAnationwide.com

YES, On-Site, Stick, Brick, Concrete Block, Stone, & Log Cabin Construction Homes Styles Allowed:

  • Get Up To 100% For Veterans & Jumbo Limits up to $3 Million. These styles consist of wood, log, frame, brick, and more traditional construction styles acceptable under our version of this program. Build a ranch slab, starter home, ranch walkout, ½ story, or two-story home with or without a walkout, but stay on the more traditional side of this property. Find a great piece of land and start building your dream home for you and your family.


YES, Construction Loans For Double & Triplewide Manufactured Homes & Barndominiums Allowed:

  • Manufactured doublewide or triple-wide manufactured homes from the dealer of your choice to place on the land you own or land you found and want to buy are eligible, along with Barndominium Style/Metal Style Homes.

  • We do not offer this option for those looking to place a home on land not owned with this property, such as mobile home parks, rented lots, leased land, family-owned land, or any land you do not own where the home must be permanently affixed to.

  • Interest-only payments during construction and one-time and two-time construction loans are available for great manufactured property styles. Must be a minimum of 600 sq. ft.

  • *We do not offer new Dealer Manufactured Home Loans in New York. Modular and Site Built land and home construction is allowed in all 50 states.


YES: Jumbo Home Financing, Steel/Metal Homes, Barndominiums, Log Cabins, Concrete Block Homes, SIP Panel Homes, ICF Insulated Concrete Foam Homes, Log Cabin Style Homes, Multi-Family, 2nd Homes, ADU Accessory Dwelling Units.

Ineligible Property Types: Singlewide Manufactured, Earth Contact, Geodomes, Container Homes, Tiny Homes, Shomes (Shop Homes), A-Frames, Mixed-Use Property, NO Investment Homes, Nor Any Commercial Projects. No self-build or self-contracting allowed.


Quick Highlights Of Our VA Construction Loan Programs

  • 640 minimum credit score required.

  • Conforming, High-Balance, and Jumbo loans up to $3+ Million.

  • Single Family, Multi-Family, Primary Residence, 2nd Homes, and Accessory Dwelling Units Eligible.

  • Available in all 50 states.

  • Up to 100% under our VA program for Veterans.

  • 1 Loan vs. 3 saves closing costs, appraisals, title fees, & down payments when factoring in land loan, construction loan, and final take-out loan of traditional construction financing. Our Two-Time Close construction is still available.

  • One-Time Close Requires NO Re-Qualification once construction is complete.

  • One-Time Close Requires NO Re-Appraisal, one appraisal only, completed as if the home was built, so no worries of property values dropping during the build.

  • Available land equity can be used towards a portion of or all down payment if owned or purchased simultaneously.

  • The land you own with a loan balance remaining will be paid off and rolled into the loan.

  • Need to Buy Land and haven’t found it yet, or looking to sell a property as well? Pair with our powerful local Real Estate Agents and receive up to 30% of their commissions back as a closing cost credit, saving you hundreds to tens of thousands of dollars.

  • Our construction loan is 100% in place before breaking ground.

  • Full inspectors ensure your build is going as planned before payments are made to the builder.

  • The builder is never paid for work that is not yet completed, which is designed to protect you, the customer.

  • Attractive Fixed and Interest Only terms are available.

  • No Self-Help, Family Builders, and Buyer can not act as a contractor or complete any work on the home.

  • The builder/retailer can offer seller concessions rolled into closing costs, and VA loans may possibly have zero out-of-closing.

  • *Well-qualified borrowers may be eligible for up to $50,000 in additional funds before or at closing to use as they wish.


Ineligible Property Types: Singlewide Manufactured, Earth Contact, Geodomes, Container Homes, Tiny Homes, Shomes (Shop Homes), A-Frames, Mixed-Use Property, Nor Any Commercial Projects, NO Investment Homes. No self-build or self-contracting allowed.

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VA Nationwide Reviews can be found on Top Rated National.
 

5 Star USDA Lender Reviews That WOW!

VA Nationwide is a Top Rated National VA Mortgage Lender in all 50 States.

Richie, OK... so you've officially done something I've never seen in 22+ years selling real estate. Closed a VA Loan on 224 Acres, with a Manufactured Home. CONGRATULATIONS! and THANK YOU!!! Admittedly, I was skeptical (more like pessimistic) when James told me you were going to get this VA Loan completed. And I had many doubts along the way, because I'd seen so many VA Lenders fall flat on their faces, just before the Closing. BUT... You got the Job DONE! Occasionally, I find someone out there who has done an Outstanding Job, helping my Clients... and You are one of these! I'm now officially a FAN of You and Your Work. I would be honored to promote you and your services to other Agents within our company, and I intend to do so. I will call you when I've caught up on my work a bit... and learn more about how I can do my job better on the next VA transaction. ~Tom K. Realtor

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How Much In VA Construction or Renovation Financing Can You Qualify For? We’ll Pre-Approve You For The MAX!

We Work Hard To Obtain Your Dream Loan, For Your Dream Home! 

We have over 25 years of working as a team helping current and future homeowners find the most competitive fixed-rate VA mortgage loans while navigating challenging economic instability. We promise never to spam you, sell your information, bombard you with robocalls, or provide anything but a clear, transparent conversation from start to close! It all begins here!

TOUGH LOANS DON'T SCARE US

100% VA One-Time / Single Close Construction Loans, Cash-Out, VA Renovation, VA Jumbo, & VA Manufactured Home Loans In All 50 States.

Aside from VA Home Loans, we offer so many options. From Construction To Bridge Loans, Down Payment Assistance Programs, Doctor Loans, Veterinarian Loans, Nurse Practitioner Loans, First Responder Loans, Foreign National, ITIN, and Extensive Renovation Projects, even Manufactured Homes, each loan is as unique as the home! Treating our customers with extreme care and attention to detail, we can’t wait to serve you. We’re solution-oriented, efficiency-motivated, and highly skilled bankers working for you; let us help you today!