Article Title: VA offers construction loans for Veterans to build their dream homes
Article Excerpt: "...While most construction projects can be complex, it’s a great benefit for those Veterans willing to invest the necessary time, energy and funds to ensure the project’s success. Just like a traditional VA home loan where the Veteran purchases a pre-existing or newly built property, there may be no down payment, no private mortgage insurance requirement, and depending on your VA disability rating, you may be exempt from the VA funding fee.
A construction loan is structured differently from a traditional mortgage ...
"
Reference Source: news.va.gov