Can I Buy Land with a VA Loan?

Quick Summary:

Many veterans and active-duty service members assume VA loans can’t be used to buy land—but that’s not entirely true. While you generally can’t use a VA loan to purchase raw land for investment, you can use it to buy land if you plan to build a home on it as part of a construction loan package. Understanding the specific requirements and how to structure the loan is key. I help military buyers navigate the process, find VA-approved lenders, and avoid common pitfalls, ensuring you use your VA benefits to their fullest potential.

When Can You Use a VA Loan for Land?

A VA loan is designed to help service members and veterans buy, build, or improve a primary residence. That means you can’t use a VA loan to buy land with no plans to build—but you can use it in the following ways:

✅ 1. Land and Construction Loans

• Purchase land and finance the construction of a new home.

• Requires working with a lender that offers VA construction loans (not all do).

• You’ll need a detailed construction plan and builder approval.

✅ 2. Buying Land with Immediate Building Plans

• If you’re buying land with the intent to start building right away, some VA lenders will finance both the purchase and construction.

• Building must begin within a reasonable timeframe (usually within 1 year).

✅ 3. Using a VA Loan to Refinance Land Purchased with Another Loan

• If you’ve already purchased land with another loan, you can refinance into a VA loan once construction starts.

✅ I work with VA-approved lenders who specialize in land and construction financing to simplify the process.

What You Can’t Do with a VA Loan

❌ Buy land with no plans to build a primary residence.
❌ Purchase land for investment or recreational use only.
❌ Use it for vacation homes or non-primary residences.

✅ Need land for hunting or recreation without building? I can guide you toward other financing options.

Common Challenges (And How I Help You Overcome Them)

⚠️ 1. Finding VA-Approved Lenders for Land & Construction

Many lenders don’t offer VA construction loans. I connect you with lenders who do and help you understand the paperwork and timelines involved.

⚠️ 2. Meeting VA Property Requirements

The VA requires that properties meet certain standards. I help you find land that qualifies and ensure your building plans comply with VA guidelines.

⚠️ 3. Coordinating with Builders

The builder must be VA-approved and submit necessary documentation. I’ll help you find reputable builders familiar with the VA process.

Why Work with Me for Your VA Land Purchase?

🎖 Military Relocation & VA Loan Expertise: I understand the ins and outs of VA loans and how they apply to land purchases.
📑 Seamless Process: I coordinate with lenders, builders, and title companies to ensure nothing falls through the cracks.
💰 Maximize Your VA Benefits: I make sure you use your VA entitlement to get the best terms possible.
🏡 Find Land That Meets Requirements: Not all land qualifies—I help you find properties that do.

Final Thoughts: Yes, You Can Buy Land with a VA Loan—If You Plan to Build

While you can’t use a VA loan to buy land for investment, you can use it to purchase land with plans to build your primary home. The process is more complex than a traditional home loan, but with the right guidance, it’s absolutely doable.

📲 Ready to explore your VA land-buying options in New Mexico? Let’s connect and make it happen!