Plaza News + Updates

VA Renovation – We’ve Got It!

Posted by Plaza Home Mortgage on April 9, 2021
Plaza Home Mortgage

We are happy to announce to our clients that, effective immediately, Plaza Home Mortgage® is once again offering the VA Renovation loan program!

A VA Renovation loan combines all the benefits of a standard VA loan with the ability to roll the cost of home repairs, renovations or remodeling into a single mortgage. It’s available for purchase or refinance, and allows up to $50,000 in funding toward rehabilitation.

VA Renovation Loan Highlights:

  • Up to 100% LTV on purchase, 90% on refi
  • Up to $50K toward improvements
  • 620 FICOs
  • Jumbo loan amounts up to $822,375 nationwide
  • Improvements, including luxury items, that can be completed in four months are eligible

For more program details, download the Product Snapshot or reach out to your Plaza Account Executive.

Together, we can serve our military that have so honorably served us and help them to have their dream home.

Topics: Wholesale News, Wholesale Program Updates, Mini-Correspondent News, Mini-Correspondent Program Updates

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