FHA and VA Construction Loans in Michigan.

With just 3.5% down for FHA, 0% down VA, and a 620 credit score, you may be able to build the home of your dreams with this Construction Loan program!

The FHA and VA Construction Loan program provides funds for both construction and permanent financing.

This FHA and VA construction loan program can be used to provide construction and end financing for manufactured, modular and stick built homes.

While most conventional loan programs require a 20% down payment and credit scores of 720+, the program only requires 3.5% down, zero down for VA, and a 620+ credit score. You can even use your land equity in lieu of a cash down payment. In addition, your down payment can even be gifted to you.

The FHA construction loan program can be used in as little as 1-2 years after a Chapter 7 bankruptcy, 3 years after a foreclosure, and you can even qualify while you in a Chapter 13 bankruptcy! To qualify for a conventional loan, you may need to wait up to 7 years in similar circumstances.

With the FHA construction loan program, you have no payments until the home is completed. With a conventional program, you have to make interest payments while the home is being built.

Email us if you have questions or wish to be per-qualified for the program.

Jerry Thomas,
Mortgage Loan Officer

We are happy to help with any type of loan, construction lending is our specialty. I’ve done hundreds in my 22 year career. After years of searching, I have found the best FHA and VA Construction Loan program!

I will personally oversee the processing and closing of your loan, providing you one contact point for all your questions and concerns. Email us today if you would like to find out if you qualify.

Jerry Thomas, Construction Loan Officer

Fill Out the Form Below to See If You Qualify