VA Renovation LoansTransform Your Home with Zero Down Payment
Renovate and improve your existing home with no down payment, competitive VA rates, and flexible renovation financing.
Page Contents
Navigate to any section below to learn more about VA renovation loans
VA Renovation Overview
How VA renovation loans work
Eligibility Requirements
Who qualifies for VA renovation loans
Renovation Calculator
Calculate your loan amount
Renovation Process
Step-by-step renovation process
Key Benefits
Advantages of VA renovation loans
Renovation Types
What you can renovate
VA vs Traditional
Compare renovation loan options
FAQ
Common questions answered
What Are VA Renovation Loans?
VA Renovation Loans allow eligible veterans to purchase or refinance a home and include renovation costs in a single loan. This means you can buy a fixer-upper or improve your current home without needing a separate renovation loan.
Purchase with Renovation
Buy a home that needs work and finance the purchase price plus renovation costs in one VA loan. Perfect for finding a great deal on a property that needs updating.
- One loan for purchase and renovation
- No down payment required
- Single closing process
Refinance with Renovation
Refinance your existing VA loan and add renovation costs to improve your current home. Lower your rate while funding your home improvements.
- Refinance and renovate in one loan
- Access equity for improvements
- Potentially lower your monthly payment
VA Renovation Loan Calculator
Calculate your renovation loan amount, monthly payments, and total project costs
Loan Details
Auto-Calculating
Results update automatically as you change the inputs above.
Loan Calculation Results
Total Loan Amount
Including VA funding fee & closing costs
Monthly Payment
Principal & interest
VA Funding Fee
Can be financed
Down Payment
Zero down required
Loan Breakdown
Important Note
This calculator provides estimates only. Actual loan terms and amounts may vary based on your specific financial situation, credit score, and VA loan eligibility. Contact us for a personalized pre-qualification.
VA Renovation Loan Eligibility Requirements
Understanding who qualifies for VA renovation loan benefits
Service Requirements
Active Duty Service
- • 90 consecutive days of active service during wartime
- • 181 days of active service during peacetime
- • 6 years in Reserves or National Guard
Discharge Status
- • Honorable discharge required
- • General discharge under honorable conditions accepted
- • Certificate of Eligibility (COE) needed
Property & Renovation Requirements
Property Requirements
- • Primary residence only
- • Property must meet VA minimum standards after renovation
- • Occupancy required within 60 days
Renovation Requirements
- • Renovations must be completed by licensed contractors
- • Work must be completed within 6 months
- • Renovation costs cannot exceed 50% of home value
What Can You Renovate with VA Renovation Loans?
VA renovation loans can finance a wide variety of home improvements and repairs
Kitchen Renovations
- Cabinets & countertops
- Appliances
- Flooring
- Lighting fixtures
Bathroom Remodels
- Fixtures & plumbing
- Tile & flooring
- Vanities
- Shower/tub replacement
Structural Improvements
- Foundation repairs
- Roof replacement
- Siding
- Windows & doors
Energy Efficiency
- HVAC systems
- Insulation
- Solar panels
- Energy-efficient windows
Accessibility Modifications
- Ramps & lifts
- Wider doorways
- Accessible bathrooms
- Grab bars & railings
Additional Living Space
- Room additions
- Finished basements
- Attic conversions
- Deck/patio
VA Renovation Loan Process
Step-by-step guide to getting your VA renovation loan
Pre-Qualification
Verify VA eligibility and get pre-approved
Property Selection
Choose property or plan renovations
Renovation Plan
Get contractor estimates and create plan
Loan Approval
Close loan and begin renovations
Key Benefits of VA Renovation Loans
Why VA renovation loans are the best choice for veteran homeowners
No Down Payment
Finance your home purchase or refinance plus renovation costs with zero down payment
Single Loan
One loan covers both purchase/refinance and renovation costs - no separate loans needed
Competitive Rates
Enjoy VA's competitive interest rates on the entire loan amount
No PMI
No private mortgage insurance required, even with zero down payment
Flexible Terms
Choose from 15, 20, 25, or 30-year loan terms to fit your budget
Increase Home Value
Renovations typically increase your home's value and equity
VA Renovation Loans vs Traditional Options
See how VA renovation loans compare to other financing options
VA Renovation Loans
- Zero down payment required
- Single loan for purchase/refinance + renovation
- No PMI required
- Competitive VA interest rates
- Lower credit score requirements
- Flexible debt-to-income ratios
- Primary residence only
- VA funding fee applies
Traditional Renovation Loans
- 20-25% down payment typical
- Separate loans often required
- PMI may be required
- Higher interest rates
- Stricter credit requirements
- Lower debt-to-income limits
- Any property type allowed
- No funding fee
Frequently Asked Questions
Common questions about VA renovation loans
Ready to Transform Your Home?
At National Mortgage Center, we specialize in VA renovation loans designed exclusively for veterans, active duty military, and their families. Get the dedicated support and expertise you deserve.