Does USAA do construction loans or how does it work ?
User SG 25 (Opens a pop up layer) Occasional Visitor
My wife in I are wanting to build a home in out land and will like t see how Is the process work if I go thru USAA or if they even do this type of loan ? Some one told me no they don't that I have to go thru a builder then refinance, but does this mean I have to put a down payment and closing cost for the builder then again with USAA? Please help need answers . Thank you
User BrianaHartzellUSAA Community Manager
There is a discussion thread about this topic located here:
However, I encourage anyone with specific questions and concerns about construction loans to call and talk to an expert! 1-877-314-2255 They will be able to answer any questions and provide you with the most up to date and relevant information for your situation!