Can I use my VA for construction?

Yes. However, the land must be owned and prepared to build prior to the VA construction loan. Because the VA does not insure loans for vacant land, this makes a construction loan difficult. A VA loan can be used for new construction provided the land owner (such as a builder) pays to provide the land and initiate construction. This is common in many new subdivisions.  In the event that a borrower would like to rehab a property, they can add certain improvements to the loan amount.