Properties You Can Purchase With A VA Home Loan

Your military career can take you far away from your childhood home, but with a VA mortgage loan from Certainty Home Loans, you can choose from a variety of properties to call home. Here are some details of the types of properties you may buy with VA home financing.

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 Home Loans 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 Home Loans mortgage professional today.

- Nov 07, 2019