KEY TAKEAWAYS Eligible veterans can use their VA benefit to build a new home from the ground up, not just purchase existing homes. The VA's one-time close construction loan rolls land purchase, construction costs, and permanent mortgage financing into a single closing — eliminating duplicate fees and a second qualification process. As of March 2025, the VA eliminated the … [Read more...] about VA Loans for New Construction 2026: How to Build a Home With Your VA Benefit