Posted on: 11th Dec, 2009 04:13 pm
Possible to use a VA home loan to buy land and to build a house?
Unfortunately, no. You have the ability to purchase a home from a builder whio may build a home of your preference, but a construction loan is not currently available for government loans such as FHA and VA Loans. There are some programs that allow you to make improvements to current properties that are considered unliveable or in need of major damages.