Fha Loan To Buy Land And Build Home Instant

You can qualify with as little as 3.5% down, which can be applied toward both the land and the build.

You will need a formal contract for the land and a detailed construction contract with your builder, including floor plans and a line-item budget. fha loan to buy land and build home

After the final inspection and certificate of occupancy are issued, the loan converts to a permanent mortgage. You can qualify with as little as 3