Financing

Lender Incentives & Zero Down and Low Down Payment Construction and Long-Term Loans

Currently our preferred lender is offering up to a 0.45% interest rate buydown towards your long-term financing.

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A VA Construction Loan—Made Simple with Red Clover Homes

Build a Brand-New Home With $0 Down

At Red Clover Homes, we’ve put in the work behind the scenes to offer something most builders can’t: a VA ONE-TIME CLOSE CONSTRUCTION LOAN that allows eligible veterans to build a brand-new home with no down payment—covering both construction and the long-term mortgage.

This isn’t a common program, and it’s not something you’ll find everywhere. It works because we’ve intentionally structured our process, partners, and builds around it.

So, What Is a VA One-Time Close Loan?

In short—it keeps things simple.
Instead of juggling a construction loan and a permanent mortgage, this program combines everything into one single VA-backed loan.

That means:
• No down payment
• One loan
• One closing
• One approval process
• One long-term mortgage from day one

From breaking ground to move-in day, the financing stays clean, predictable, and straightforward—just the way it should be.

Why You Don’t See This Offered Everywhere?

VA construction loans are tough. They come with strict guidelines, extra coordination, and timelines that many builders simply aren’t equipped to deal with.
We decided to do the opposite.

Red Clover Homes has aligned our construction process, documentation, draw schedules, and lender coordination specifically to support this type of VA loan. That’s what makes it possible. Simply put, this program works because our homes and systems are built to support it.

Is This Program a Good Fit for You?

This option is ideal if you:
• Are an eligible Veteran, Active-Duty service member, or VA-qualified buyer
• Want to build a new home instead of settling for a resale
• Prefer to keep your cash instead of putting money down
• Like the idea of less paperwork, fewer surprises, and one clear path forward

Build New. Close Once. Move In Confidently.
With Red Clover Homes’ VA One-Time Close Construction Loan package, you can:
• Design and build a brand-new residential home
• Finance construction and your permanent mortgage together
• Lock in your long-term loan early
• Move forward with no down payment required
It’s a smarter, more streamlined way to build—and one we’re proud to offer to those who’ve served.

If you’re VA-eligible and thinking about building a new home, we’d love to walk you through how this works and see if it’s a fit for you.
Reach out to Red Clover Homes today and let’s start planning your new home—without the usual complications.

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3 to 5% Down Payment Conventional and FHA Loans

We have also worked diligently behind the scenes to put together two other One-Time Close Loan options that only require from a 3% to 5% down payment. This program works nearly identical to the VA program as described above with the exception of the amount of down payment needed (the FHA option is subject to each county's maximum loan limit offered through HUD).

If you are buying or currently own a building lot with just a modest amount of equity, this can also qualify as your down payment requirement making no further cash down payments necessary for either of these programs.

Want more info? Let's Talk.