Do builders accept VA loans for purchases of new construction properties? Is this a viable option in Irvine? We qualify for a VA loan but know how difficult it can be to buy a resale home using this option. We don't have much for a downpayment (we could squeeze out 3% if absolutely necessary but would prefer zero down). Our lack of down payment $$$ is the largest obstacle we have. We prefer to keep our savings liquid for emergencies because we have no debt and want to keep it that way.
Now that VA has removed loan limits for people who have their full loan eligibility, we might actually have a chance to become homeowners.
Now that VA has removed loan limits for people who have their full loan eligibility, we might actually have a chance to become homeowners.