Veteran (VA) Renovation Loan
VA Renovation Home Loan Program
Very few Veterans are aware that this option is out there. It works just like and has all the benefits of the normal VA loan, but also allows for repairs to the home to be financed into the loan and complete after closing. Now the VA will not allow for structural items or luxury improvements such as a swimming pool, but anything that helps protect or improve the livability of a property are allowed. Here are some of the highlights of the program:
- No Money Down
- Veteran must have a certificate of eligibility (we can help obtain this)
- Up to $35,000 in repairs
- Work is done after closing
- No monthly mortgage insurance / PMI
- Backed by the U.S. Department of Veteran Affairs
- 60 days to complete the work after closing
This is a great program vets and allows for things like finishing a basement, remodeling a kitchen or bathroom, and plumbing or electric upgrades. There are so many home possibilities out there with this loan program.
LEARN MORE Renovation Loan Process
Latest Blog Post
October Lunch and Learn: Unconventional Lending In An Unconventional Market
1 Hour Con Ed Credit Available!
The real estate market is constantly changing, leading to many challenges for buyers and sellers alike. Never has there been a greater opportunity to leverage innovative lending solutions to better serve your clients. As you know we think outside of the box. Yes we do lots of loans that fit in the box, but getting the deals done that don’t fit in the box can make all the difference in this market. During this class we will cover some more unique loan programs and ways to structure transactions to help get offers accepted in an unconventional world. This class is approved for 1 hour of continuing education thank you Devon Title for sponsoring the continuing education portion of this event!
Hot Topics We Will Cover
Here is a list of some of the things we will cover during the event:
Visit Jeremy's Blog