Not all FHA lenders offer construction loans so you’ll have to shop around if your first choice in a financial institution doesn’t offer this type of FHA mortgage. There are two kinds of FHA construction loans. One type is a traditional project which involves two loans-one to get through the construction phase and a second loan which acts.
Build Your Own House Texas We have a great free video series to help you build your own home. For a start.check out the Armchair Builder videos page. In the left margin you will see Build My Own Home with seventeen more videos that will help you build your own home. So, if you get the right help, you can build your own home or addition.Quicken Loans Construction Loans How To Finance A New Construction Home OPTION #1: This option is the easiest way to build a new home, as you just need to find a builder who carries the cost of construction. You (the buyer) will go to closing once the construction is complete. This allows you to obtain regular financing such as a Conventional or FHA /VA* loan (certain restrictions apply).