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Topic: Cal Vet Construction Loans
One of the best construction/permanent financing available is one obtained through the California Department of Veterans Affairs. These loans are for the construction of a primary residence only. The interest rate is very competitive and the fees lower then most construction loans originated through a bank.
When the home is complete, your construction loan is modified into a permanent Cal Vet 30 year mortgage. And, you do not need to be a California veteran to qualify for this type of financing.
Mendocino Mortgage is Certified Cal Vet Mortgage Broker and will guide you through the construction loan process from beginning to end.
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