1-877- 292-7350 jhurst@hurstlending.com

VA Construction Loans

One Time Close

VA Construction Loans

Client Reviews

We provide flexible loan options for veterans who want to use their VA benefits to build a new home. Many veterans dream of building their own home, designing just the house they want on a lot they choose (maybe with a little acreage and some vanity longhorns). 

We offer a VA One-Time Close Construction Loan that allows qualifying veterans to wrap lot purchase and construction into a single permanent mortgage loan under the VA loan program. This program will allow our veterans the opportunity to build their dream home, and still take advantage of all the great financial benefits of the VA home loan program. With a VA Construction loan you can finance up to 100% of the land purchase and construction costs (or said differently you can get a construction loan with a 0% down payment).

Hurst Lending IconHurst Lending

4.9 ★★★★★ 43 reviews

Over $1 Billion in Loans Funded

30 Year Fixed

(30% VA Disabled or More)


(2.73% APR)

*Note: Cannot be used for refinance

30 Year Fixed

(no Disabled)


(3.23% APR)

*Note: Cannot be used for refinance

Why Use Our Services?

Make a Smart Move



You can build your dream home with as little as 0% down.


You close on one loan that covers your construction and automatically converts into a normal VA loan when your construction is complete.



We specialize in VA Construction Loans


We are recognized as one of the fastest growing Aggie owned companies in Texas. Hurst Lending and our agsreward.com division are one of the 100 growing companies on Texas A&M Aggie 100 list.


View all our positive customer reviews.
“Football’s hard.
Acessing your equity doesn’t have to be.”


Dat Nguyen, Hurst Lending Investor
Former Pro Football Player & Coach


Call 1-877-405-3465

Build with a VA Contruction Loan

How Does the VA One-Time Close Construction Loan Program Work?

You find the land you want to buy, you apply for a loan with us, and we provide a loan to cover the price to purchase the land plus the cost to build a home on your lot. Because we are offering a “one time” closing, you do not need to get a construction loan and a separate permanent loan after you home is complete. We provide one low rate long term fixed rate loan to cover the whole loan process.

Once your loan is approved, loan funds are disbursed to your builder as the home is built and the loan automatically converts into a regular mortgage, with regular monthly principal and interest payments once construction is complete. The interest rate on the loan will be a normal 30 or 15 year fixed rate VA loan.

What is the difference between a VA Construction loan and a traditional Construction loan?

VA loans offer qualifying military veterans and service personnel access to mortgages with no money down, competitive interest rates, and do not require the borrower to pay private mortgage insurance. As a result, veterans may save thousands at closing and hundreds of dollars every month through this program.

With a VA Construction loan you can finance up to 100% of the land purchase and construction costs. Traditional Construction loans often require a 20% or 25% down payment on the land. You then have to get a construction loan (which generally has a higher rate than a traditional conventional fixed rate loan). With our program you lock in one long term fixed rate loan and you do not have to incur additional closing costs associated with getting a construction loan and a separate permanent loan.

Can I use my VA benefits with Hurst Lending’s “VA – One-Time Close – Construction Loan” program?

Yes, our program is a VA program and you may use your VA benefits with our program.

I have never heard about a VA Construction Loan program in the past, why aren’t other lenders offering this program?

Very few lenders offer a program like ours. Most lenders do not want to offer construction loans since these loans have higher risks and they prefer to just offer permanent financing once the construction is complete. Many lenders push their customers toward getting a separate loan for lot purchase and construction, and a permanent mortgage when the home is completed. With this approach, only the permanent mortgage can be completed through the VA loan program, so veterans incur down-payment and closing costs on the initial loans – not to mention the headache of going through the loan process multiple times.

We talk to lots of veterans who have dreamed for years of buying a lot and building their own home, just the way they want it. After all they’ve done for our country, we think they deserve to be able to do that. So we are offering a program to allow veterans to use their VA benefits to construct a new home without needing a down-payment.

About Hurst Lending's Texas Vet Loan Experts

Texas Vet Loan is a part of the Hurst Lending & Insurance family, dedicated to serving our veterans and service members with loan products that help make buying – or building – a home an achievable dream. Expanding on that vision, Texas Vet Loan and Hurst now also offer home and auto insurance, as well as a veterans’ realtor referral service to help make the process of buying, owning and selling a home as safe and straightforward as it can be.

We have helped hundreds of Texas veterans to build or buy the home of their dreams, and we are proud that 70% of our business comes from repeat or referred customers.

We have strong Aggie roots, and our parent company Hurst Lending & Insurance has been named twice to Texas A&M’s Aggie 100 list.sbialek@hurstlending.com.  He loves helping real estate investors grow their portfolios.

*Some services are only available in limited locations and offers may be changed at any time.