VA Construction Loan - 0% Down Barndominium Loan

In today’s episode, we’re busting myths surrounding VA construction loans for barndominiums! We’re excited to have Russ Crews, the top VA barndominium construction lender in the country, join us. Not only is Russ a leading expert in this niche, but he is also an active service member. His unique perspective allows him to truly understand the needs of our brave men and women seeking financing for their dream barndominiums, guiding them through the process with empathy and expertise.

In the barndominium community, misconceptions are common, especially in online groups and forums where opinions are often shared without the necessary expertise. Russ will walk us through some of the most prevalent myths, addressing important topics like whether it’s possible to secure a VA construction loan for barndominiums, loan amount limits, minimum credit score requirements, and much more.

Join us as we bust these myths surrounding VA construction loans for barndominiums!

Contact Russ Crews - https://www.projectbarndo.com/barndoe...
Find a Barndominium Builder and Kits - https://www.projectbarndo.com/barndom...
Michigan Barndominium Builder List - https://www.mykalamortgage.com/barndo...
Barndominium Resources. - https://www.projectbarndo.com/guides
Floor Plans - https://www.architecturaldesigns.com/...
Contact Us - https://www.mykalamortgage.com/contact

Need Design Inspiration?   / barndominiumdesign  


Jon Mykala
NMLS# 728191

Russ Crews
NMLS#: 2121891

Equal Housing Lender | Member FDIC

0:00 Intro
4:00 Can you get a VA construction loan?
9:16 Loan amount limits
10:34 Multiple VA loans
12:03 Land limits
14:21 Key requirement for land
14:58 Bank overlays vs VA requirements
16:25 Jumbo loan requirements
17:13 0% down up to $1,000,000
18:07 Credit score
21:38 VA approved builders
24:15 Vetting builders
26:54 VA loan myths
29:30 Using land as collateral
30:13 Fees
34:08 Appraisals
37:12 Final thoughts