Quote:
Originally Posted by spd2918
Hello all,
My wife and I are planning to move down in about 6 months. I asked my Villages salesperson about a VA loan for a new home. He told me the new homes go up too fast to comply with the VA inspection process, thus no VA loans for new homes.
I found this to be an odd statement. I wondered if the salesperson was looking to profit from me using his bank vs mine.
Thoughts?
PS I searched for this information on this site but got no results
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The problem is that with a VA loan for New Constuction there are a number of additional Inspection thru the process that the VA requires. These can cause time delays for the Builder as they have to stop at certain points and wait until the VA can inspect. TV puts the houses up fast so any time delays one 1 property screws up their schedule.