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Construction Loans

Our Construction Advantage Loan Makes It Easy for Members of the Military Community to finance home construction.

  • CheckmarkBuild on your own lot
  • CheckmarkSelect your custom builder
  • CheckmarkFinance the construction of your dream home

Construction Loans for Veterans & Servicemembers

What Is a Military Construction Advantage Loan?

  • Loan amounts of $200,000 or more
  • Up to 80% of the home's value (including the lot)
  • Primary residences only

Who Can Qualify for a Military Construction Advantage Loan?

  • Current and former US military servicemembers with qualified credit and a minimum 680 FICO (credit score)

Get Your Construction Advantage Loan from AAFMAA Mortgage Services LLC

If you’re thinking of building your dream home, but you’re not sure how to finance it, let AAFMAA Mortgage Services LLC (AMS) and our Military Mortgage Advisors help you get the military construction loan you need to break ground.

Maybe you already own a lot or you’re buying a piece of property to build on, then the Construction Advantage Loan will provide the financing to go from a patch of land to the place family memories are made. AMS offers very flexible terms and competitive rates—including up to seven draws to pay your builder as construction is completed. Then, once your home is completed, we will help you get a permanent mortgage from a wide range of options, including VA, FHA, USDA, and conventional loan products.

Take the next step toward building your dream home. Call 844-422-3622 or contact us today to get current rates and additional details from the AMS team.


Construction Loans for Veterans and Active Duty Military

Start the next chapter of your life in the home of your dreams. Building a new home allows you and your military family to customize your home from the ground up. However, a challenge many face when considering building a home rather than buy an existing one is financing payments to the builder during construction. The Construction Advantage Loan by AAFMAA Mortgage Services LLC is a short-term loan that provides Veterans and active duty military with the funds needed to begin the home-building process.

In many cases, loans for new construction are difficult to find and the application process can be complicated. It may seem like a no-brainer to just take the financing offered by your builder. It’s convenient, they want you to buy the house and are willing to help – seems like a win-win. However, builder financing can be very tricky and costly, especially if you run into problems with a builder during the construction phase.

When you’re ready to build your next home and you need a military construction loan, AMS is here to help. We offer competitive rates and fees to help borrowers in the military community like you get the affordable financing you deserve.

Read more: Construction Loans for the Military: Do they Exist?


Important Notes and Disclaimers:

Construction Advantage is offered exclusively by AAFMAA Mortgage Services LLC to qualified borrowers who are current or former US military servicemembers. The Construction Advantage Loan is not associated with the Veteran’s Administration (VA). The information above is not a commitment to lend. All loans are subject to credit approval. Underwriting criteria are subject to change without notice. The Construction Advantage loan is only available in states where AMS is licensed (see our complete list of states and licensing here). For additional disclosures, see the links at the bottom of this page.

Are you moving? Start here to find your military construction specialist.