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VA Renovation Loan

VA renovation loan benefit gives the option of a no money down financing that covers the value of the property plus the cost of renovating the home. This benefit is ideal for military personnel of veterans who want to buy a house that needs to be upgraded or fixed, or refinance and remodel their existing home. Below are a few facts about the VA renovation loan benefit, for more information don’t hesitate to fill out the form above and a loan officer will guide you thru the process.
  • – The renovation cost cannot exceed $35,000.
  • – The home can be a new home purchase or a refinance.
  • – It can only be done for primary residences.
  • – Construction needs to be completed with 4 months of closing date.
  • – General contractor must meet insurance guidelines.
  • – 620 FICO sore.
If you are interested in learning more or starting the va renovation loan process, contact us by filling out the form or calling us today!
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