Did you know you can use your VA home loan benefit to BUILD a brand-new home in Kentucky, not just buy an existing one?
The VA One-Time Close Construction Loan lets eligible veterans and active-duty service members finance the land, the construction, and the permanent mortgage in ONE loan:
- $0 down payment with full VA entitlement
- No monthly mortgage insurance
- One closing, one set of costs, no re-qualifying after the build
- Your rate is locked before construction starts
- Buy the lot with the loan, or use land you already own
The catch? Most Kentucky banks don't offer VA construction loans at all. Many veterans get told "we don't do those" and give up, or get pushed into a conventional loan with a down payment and mortgage insurance they didn't need.
As a mortgage broker, I work with wholesale lenders that specialize in true VA one-time close construction financing.
2026 quick facts:
- Builder must be licensed and VA-registered (free, about a week)
- Funding fee 2.15% first use / 3.3% after, waived with VA disability
- Most lenders want a 620+ credit score
- Construction takes 6-12 months, paid in builder draws
20+ years originating Kentucky mortgages, 1,300+ families helped. Thinking about building? Call or text 502-905-3708.
Read the full 2026 guide: kentuckyvamortgage.com/2026/08/09/kentucky-va-construction-loan-2026/
Joel Lobb, EVO Mortgage, NMLS #57916. Equal Housing Lender.
