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 Can the borrower make a payment towards the principal balance during the construction process?

Borrowers have the ability make a principal balance payment at any time. When the loan is modified the reduced unpaid principal balance will be used for the modification amount and the loan will be reamortized on the lesser amount.

Security America Mortgage, Inc

Security America Mortgage is one of the leading VA Home Loan Lenders in the nation; We are not a government agency. We pride ourselves on providing excellent customer service to ensure that each Veteran we serve ends up living happily ever after in the home of their dreams. This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency.

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