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Updated over 6 years ago on . Most recent reply

Andy Pate's profile image
Andy Pate's profile image
Andy Pate
  • from Raleigh, NC
  • Member since Jun 14, 2017
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24
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8
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Andy Pate's profile image
Andy Pate's profile image
Andy Pate
  • from Raleigh, NC
  • Member since Jun 14, 2017
Connect
Andy Pate
  • Raleigh, NC
8
Votes |
24
Posts
Buying & Selling Real Estate

VA Rehabilitation Loan

Andy Pate
  • Raleigh, NC
Posted

A realtor friend of mine made a post on Facebook where they are partnering with a mortgage company who is offering a VA Rehabilitation Loan (I'm a veteran). I read on another discussion that the VA doesn't have a rehab/construction loan, yet sites such as www.militaryvaloan.com state they do exist. I'm aware of the 203k loan, but obviously this is tad more appealing as there is no down payment and no PMI. My question:

Can anyone on here confirm that the VA rehab/construction loan is a thing? If so, what was your experience utilizing it?

Thanks and I look forward to hearing from you guys!

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