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This Circular expresses concern about the Department of Veterans affairs (va) home loan borrowers affected by Hurricane Irma, and describes measures mortgagees may employ to provide relief. Mortgage servicers and borrowers alike should review VA’s Guidance on Natural Disasters to ensure Veterans receive the assistance they need.
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Why Should I Get An FHA Construction Loan? Some borrowers want to know why they should choose the FHA construction loan instead of a conventional mortgage. Lower interest rates and down payment issues aside, the FHA One-Time Close construction loan option is something to consider.
Construction loan officers work directly with individuals and organization requesting construction loans. They not only help individuals fill out applications, but also process those applications, and make recommendations to construction loan managers about the feasibility of applications.
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