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The big difference in Va home loans and you may Virtual assistant rehabilitation finance is the financing techniques by itself

Practical Virtual assistant loans and you can Virtual assistant ree eligibility criteria, no deposit, and no personal financial insurance coverage (PMI) . Although not, the brand new restoration part comes with an extra band of requirement, hence we will explore lower than.

Va treatment fund become more complicated considering the steps called for to alter the house or property once closure. That have a typical Virtual assistant loan, your personal to the assets, move around in, while having to your with your lives. That have Va rehabilitation finance, your intimate to the assets, hold off while renovations was complete, immediately after which relocate.