- You’ll have one or more Virtual assistant mortgage immediately. The most amount borrowed could be restricted, and you will an advance payment might possibly be requisite for the a subsequent Va financing if not pay-off the present you to definitely.
The fresh new Virtual assistant design loan techniques is much like the method getting a frequent design financing, with some most obstacles. The procedure typically observe these eight steps:
Step 1. Show Va loan eligibility. You might be certain that their qualification by making use of on the web to suit your Certificate of Eligibility (COE) otherwise completing an excellent Va Means twenty-six-1880 and you will giving they on nearest regional Va office. Read the rest of this entry »