Construction loans are short-term, interest-only loans used to build on undeveloped land. Qualification for FHA construction loans requires a 3.5% to 10% downpayment and a credit score of 500+.

VA construction loans are designed to benefit active-duty U.S. military service members and veterans. Eligible borrowers may be able to build a new home without a down payment, but there are strict ...

If you’re a veteran or current service member looking to buy a house, you’ve probably heard about home loans through the Department of Veterans Affairs. However, you may be unfamiliar with the VA ...

For many homebuyers, it’s the realization of a dream: a house in the country, with acreage and distant neighbors. But the imbalance of home value to land value can make finding a mortgage challenging.

You can use a VA loan to build and finance a property you’ll use as your primary residence. However, you cannot use this type of loan to fund the construction of a vacation home or investment property ...

The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal ...