Freedom Loan | Schumacher Homes

Welcome to a Revolutionary Program for Veterans

Schumacher Homes and Schumacher Mortgage have teamed up to create a completely unheard-of loan program that gives veterans the power to custom build their dream home at a below market rate.

Locked Low Rates

We offer in-house financing with no loan limits. So you can lock in your 4.990% (5.391% APR Rate) 30-year fixed interest rate on the amount you need- without worrying about it later.

Skip the Down Payment

We require $0 down. This is an increasingly rare offer for a Construction Loan, but it's one we're proud to make for veterans.

Don't Pay During Construction

Payments only begin once your home is built to your specifications.

Bring Your Credit Score

We are flexible with credit scores, and we'll work to find the right fit for you.

No Requalification Needed

You'll only need to credit-qualify once. So you won't have to worry about requalifying once construction is complete.

Dream Homes Don't Have Previous Owners

Unlike traditional VA loans, with the Freedom Loan, you get a completely custom-built home that checks all your boxes.

An infographic chart comparing a traditional VA loan on the left-hand side and the Schumacher Homes Freedom Loan on the right. A traditional VA loan can be used on homes or condos, and you get the average market interest rate. The Freedom Loan can be used for a new custom-built home with a guaranteed locked below-market interest rate.

It's More Than a Military Discount. It's a Difference Maker.

Get total transparency and full control of your new build with this money-saving program.

Start With 1 of Over 70 Architect-Designed Plans & Make It Yours.

Move walls, add square footage, change ceiling design - the options are nearly endless.

Explore Plans

Individually Priced Customizations

We itemize every customization, down to the penny. So you'll always know how much everything costs, and there won't be any unwelcome surprises.

Learn More

A Revolutionary Process

From the no-cost planning session to zero dollars down, we've created a system that has allowed us to build over 23,000 custom homes (and counting) for very satisfied homeowners.

View our Process

Disclaimers:

Veterans Administration (VA) Single Close, Construction-to-Permanent Loan Program: This program offers a single loan closing for financing both the construction and permanent phases of your new home. Loan Terms & Repayment: This is a VA-guaranteed loan program. The loan features a 12-month construction phase followed by a 29-year (348-month) permanent financing phase. Construction Phase (12 Months): Features a fixed interest rate of 7.990%. Requires 12 monthly interest-only payments of $1,831.04 during this period. Permanent Phase (29 Years / 348 Months): Upon completion of construction, the loan converts to permanent financing with a fixed interest rate of 4.990%. Requires 348 monthly principal and interest payments of $2,993.40. Annual Percentage Rate (APR): The combined Annual Percentage Rate (APR) for this loan, reflecting both the construction and permanent phases, is 5.391%. Down Payment: No down payment is required for eligible Veterans (based on 100% LTV/CLTV assumption). Assumptions & Fees: The rates and payments quoted are based on the following assumptions: a VA-guaranteed purchase loan with a $550,000 loan amount, 100% loan-to-value (LTV/CLTV), a minimum FICO score of 660 on a primary residence, and a 60-day rate lock. The disclosed blended APR of 5.391% is based on the interest rates for both phases and includes $13,463.00 in Estimated Closing Costs (including 1.75% or $9,625.00 in Discount Points). Important Information: This advertisement does not imply endorsement or sponsorship by the Department of Veterans Affairs or any government agency. Current VA program guidelines can be found at http://www.benefits.va.gov/homeloans/index.asp. Cannot be combined with other offers. All terms are subject to credit approval and program guidelines. Rates and terms are subject to change without notice.

ADDITIONAL REQUIREMENTS (ALL LOAN PROGRAMS): Applicants that are financing land for more than $100,000 require special approval, and promotion may vary. Monthly payments shown do not include property taxes, hazard insurance, mortgage insurance, etc., and are subject to change without notice. Borrowers must complete the pre-construction meeting within 30 days of the initial sales contract and the loan must close within 60 days of the initial contract.

This is not a commitment to lend or offer to extend credit. All loan programs are subject to borrower qualification, credit approval, underwriting guidelines, and available property types. Certain loan programs and/or promotions may not be available in all states. Rates shown are effective as of 8/21/2025, however, rates, terms, fees, credits, programs, and conditions are subject to change without notice. Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.

Schumacher Mortgage LLC and Schumacher Homes LLC are affiliates under common ownership. Schumacher Mortgage LLC (NMLS ID 2101256). Corporate Address: 2715 Wise Avenue NW, Suite 100, Canton, OH 44708. Corporate Phone (877) 707-0572. Corporate Website: www.schumachermortgage.com. For licensing information visit: www.nmlsconsumeraccess.com. EQUAL HOUSING OPPORTUNITY.