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+.

It's finally happening! After months — maybe even years — of dreaming, planning, and saving for a down payment, it's time to start building your dream home. Before getting started, you'll need to ...

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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 ...