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Veterans who are eligible for VA home loan benefits and in the market for a new house can utilize lenders and real estate professionals to their advantage. Licensed and VA-approved lenders can.
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VA Loan Limits. In most parts of the country, veterans who qualify for military VA Loans can purchase a home worth up to $424,100 with no money down. However, with the 2017 VA Limits, high-cost counties such as Los Angeles and Denver have higher limits as high as $636,150. You can check VA loan limits in your county here.
The VA offers two other home improvement loans in addition to VA renovation loans that require no equity. Depending on your unique situation, these VA loan options may better suit your needs. VA Supplemental Loan. VA supplemental loans can be used for the alteration, improvement, or repair of a Veteran’s primary residence secured by a VA.
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About Home Loans. VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.
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A comprehensive list of current VA minimum property requirements (mprs). Find out if the home you’re interested in buying is in acceptable condition for a VA loan.
Use your veteran loan benefits to buy a home with no money down or refinance up to 120% of your home's value. View our current VA loan rates and apply.
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