Properties You Can Purchase With A VA Home Loan
Single-family properties: these can be a traditional house or a property in a Planned Unit Development (PUD).
Townhomes and condominium units may qualify for a VA home loan if they are VA-approved. If you’re working with a real estate agent, be sure to mention you’re planning to buy with VA financing.
If you’d like to invest in a multi-unit property, these may qualify for VA financing provided you live in one of the units as your primary residence. Properties with up to four units may qualify.
You may be able to finance a home purchase and the cost to add energy-efficient improvements with VA financing. Some popular, money-saving improvements include insulation, storm windows and doors, new solar, heating and cooling systems, and new water heaters.
Refinancing with a VA home loan is also permitted, even if your original loan is not a VA loan. You may qualify to refinance a home loan up to 100% of your home’s value.
We can help you from boot camp to closing
We understand that sometimes your PCS orders don’t give you much time to find and finance a home purchase. Certainty has experience helping veterans, active duty and surviving spouses qualify for their VA benefits, and knows how to maximize your benefits, including counting Basic Allowance for Housing (BAH) toward income qualifications to increase the amount of income you claim.
Buying a home is a life-changing decision, and we’re prepared to work hard to make it a truly rewarding one for you. Learn more about utilizing your VA home loan benefits by contacting a Certainty mortgage professional today.