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Security America Mortgage VA Construction loana

Regular Contributor

Security America Mortgage VA Construction loana

Does anyone know anything about this company?
Message 1 of 6
5 REPLIES
New Contributor

Re: Security America Mortgage VA Construction loana

Hi - I had not heard of them until recently. From looking them up I saw that they are one of only a few lenders that do construction to permanent VA home loans. I've been researching this lately as I'd like to be able to find lenders who offer this. Have you had any luck?


Starting Score: EQ 627 - TU 649 - EX 628
Current Score: EQ 630 - TU 649 - EX 628
Goal Score: EQ 677 - TU 699 - EX 678

Message 2 of 6
Valued Contributor

Re: Security America Mortgage VA Construction loana


@armywifelong03 wrote:
Does anyone know anything about this company?

I'm pretty sure they offer the same VA One Time Close Construction loan I explained in this previous post:

https://ficoforums.myfico.com/t5/Mortgage-Loans/VA-Construction-Loan/m-p/5463302#M224995

 

VA Mortgage Expert. Mortgage Banker lending in All 50 States.
VA, FHA, USDA. Jumbo, Conventional.
CAIVRS Expert.
Message 3 of 6
New Contributor

Re: Security America Mortgage VA Construction loana

VALoanMaster - I know you provided this information (link to your previous response) to the OP, but you've provided me some very useful information that frankly I don't know where else I would have been able to obtain. For that, thank you very much! I've bookmarked your thread to refer to it as I go through this process (hopefully a little later this year). Thanks again!


Starting Score: EQ 627 - TU 649 - EX 628
Current Score: EQ 630 - TU 649 - EX 628
Goal Score: EQ 677 - TU 699 - EX 678

Message 4 of 6
Regular Contributor

Re: Security America Mortgage VA Construction loana

Yes! Because of VaLoanmaster’s post, we decided to wait. Not only because of all of the extra costs, but it’s really hard if you already have a builder you’ve been working with. There is a lot of hoops for them to jump through for the VA and it just wasn’t worth it for us. We have the luxury of not being in a hurry, so we are waiting.
Message 5 of 6
Valued Contributor

Re: Security America Mortgage VA Construction loana


@ArsenalGunner wrote:
VALoanMaster - I know you provided this information (link to your previous response) to the OP, but you've provided me some very useful information that frankly I don't know where else I would have been able to obtain. For that, thank you very much! I've bookmarked your thread to refer to it as I go through this process (hopefully a little later this year). Thanks again!

You're welcome. I been offering this program for 5 years & this is pretty much the only option out there.

VA Mortgage Expert. Mortgage Banker lending in All 50 States.
VA, FHA, USDA. Jumbo, Conventional.
CAIVRS Expert.
Message 6 of 6