Tag: construction financing

Will VA allow the LTV to exceed 90% when paying off a construction loan?

Question: Our client has a temporary construction loan.  Will VA and Ginnie Mae allow the LTV to exceed 90% when the loan being paid off is a construction loan?  Further, will they allow the payoff of a purely temporary construction loan to be considered a purchase transaction? Answer: Yes, both VA and Ginnie Mae state […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top