You can do it for a new home, Yes!
Yes and No.. If you're talking about a tract home where the builder takes a deposit from you, and 6 to 9 months later when the home is complete, then you apply for a mortgage and close.. then yes.. this type of financing is done all the time, and it's really no different than regular FHA financing.. but if your asking about having a custom home built using FHA, then you might have a problem.. FHA does offer this type of construction to perm financing, but most all lenders do not, so finding that needle in the haystack lender is going to be difficult.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347
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