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Can you borrow more than the value of your home with a VA loan? This is a question we hear a lot, so today we'll answer it for you! Here are some details to be aware of:
- On a VA purchase loan, veterans can borrow up to the appraised value of the home, including some costs and fees associated with the loan.
- Home buyers interested in making their homes more energy efficient can add up to $6,000 of improvements to an energy-efficient mortgage.
- With a VA cash-out refinance, we can help homeowners refinance up to 100% of their home's value. Homeowners can use that cash to pay bills, renovate their home, etc.
Did that answer the question? If you would like to discuss this topic in further detail, give us a call or shoot us a quick email. We'll set you up with a mortgage professional who will help you make the decision that's best for you and your family!
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