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VA home repair loan

You can apply for a VA home repair loan, repair that works much like a traditional home equity loan. There is no perfect home-even your dream home. Live in it long enough and you will eventually need to remodel, add or do some heavy treatment. However, don't worry, you don't have to blow your life's savings repairing your home. You can take advantage of  the VA home repair loan.

If it's time for you to fix your residence, here are 9 Things You need to know about this additional loan:
You must be a veteran. This may seem obvious, but it's worth stating. Only homes that will be occupied and owned by a veteran qualifies for a VA home repair loan.If you do not have a VA mortgage, you cannot file a VA home repair loan. Even if you're a veteran, do not qualify for a home improvement loan, VA except for homes that now finance with a VA mortgage.You can take additional loans at the same time as the original mortgage for you. This is a good option if you buy a House tha…

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