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While house prices continue to rise, a place needing updates or repairs may be your best option for getting your dream home at a reasonable price. And as an eligible veteran, you may benefit from a Movement Mortgage VA Renovation loan.

This loan includes the benefits of a traditional VA loan, such as 100% financing** without requiring mortgage insurance, lender fees* and some states even offer property tax reductions to military borrowers (please consult a tax professional).

VA Reno eligibility includes:

  • Primary residence only
  • Purchase or refinance
  • 620 minimum FICO credit score
  • Up to $35,000 in minor and non-structural repairs or renovations

Give me a call and let’s discuss your options.

*In addition to the eligibility criteria outlined in the presentation that all eligible Veterans and Reservists must meet all VA income, asset, and property requirements. For loan amounts exceeding $453,100 (or $679,650 for properties located in AK or HI), the amount of the VA entitlement or the entitlement plus the down payment must equal 25% of the property’s reasonable value.

** Other VA-permissible fees may apply.

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