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VA-One Time Close Construction to Permanent Loan

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First published at 22:10 UTC on November 8th, 2019.

Northbaycapital

North Bay Capital

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This video covers a few of the basics of the VA OTC loan, allowing eligible active duty and retired military members and their families purchase vacant land and build their dream home. This is accomplished using the VA guarantee home loan, providing up to 100% financing of the job cost, including land acquisition and construction, up to the VA lending limits of that county. Jumbo VA OTC loans are also available, and remember that VA lending limits are set to be removed come January 1, 2020.

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