Builders: Partner with Us
Are you a builder interested in working with Veterans?
We connect experienced builders with qualified Veterans looking to build their dream home using a VA One-Time Close Construction Loan.
We walk you through our builder approval process so you can get back to building quality homes.
- Partnership: We work with Veterans nationwide (48 contiguous states and D.C.) who are actively seeking approved builders.
- Streamlined Process: We guide you through our builder approval process and help with the required documentation.
- Increased Opportunity: With $0 down on loans up to $1 million and no PMI, a VA construction loan lets many Veterans build without saving for a large down payment.
How a Builder Gets Approved
To build with a VA Construction Loan, all builders must complete our builder approval process. This requires submitting a contractor’s license where your state or city requires one, proof of insurance, and completed VA forms (including VA Form 26-421, Equal Employment Opportunity Certification). Builders must be approved before closing and build under a fixed-price contract. These standards keep the project in line with VA requirements.
- Experience in construction-related business
- Track record of completed ground up residential builds
- Acceptable Business/Ownership Credit
- Properly licensed and insured
- A completed builder package that meets all requirements
Schedule a call for builder approval
Frequently Asked Questions
Do I need to be VA-approved to build a home for a Veteran?
No, the VA no longer requires a VA Builder ID. However, depending on your state rules you may be required to be licensed and insured. Your company must be approved by the lender before closing, and the home is built under a fixed-price contract.
What documents do I need to provide to get started?
Builders typically need to provide:
Proof of license (depending on state rules) and general liability insurance
A basic builder profile or application form
Project plans and specs for the home being built
Evidence of past completed projects
How does payment work during the construction process?
The lender manages the draw schedule and disburses funds as construction milestones are completed and verified through inspections. You’ll work closely with the borrower and lender throughout the process to submit draw requests and keep the project moving. On VA construction loans, the interest reserve and construction management fee are built into the loan amount and paid by the builder (VA doesn’t allow the Veteran to pay them).
