What Can you Buy with VA Loan and Options for Refinancing the Loan?
Are you planning to buy a home? If you’re a Veteran, then you must be eligible for a VA home loan in Texas . The benefits of this loan are many as compared to other types of loans. · An existing home, condominium, or townhouse in VA-approved project. In the case of condos or townhomes, the entire complex needs to be approved by VA before a buyer can receive a loan for a single unit. · A manufactured home or modular home ; Finding a lender in order to finance such kinds of homes can quite tricky since they’re depreciating properties. Also, manufactured as well as modular homes must fulfill certain conditions, such as being attached to a permanent foundation. · A new construction, builders, plans, as well as building sites need to be VA-approved, need many inspections, as well as builders, should provide a minimum one-year warranty. ...