VA Renovation Loan

The VA Renovation loan combines the VA program's signature benefit — zero down payment — with renovation financing, letting eligible veterans and active service members buy a home that needs work and fund the improvements in one loan.

Repairs must be non-structural and are completed by VA-registered contractors, with the home meeting VA minimum property requirements after the work. There's no monthly mortgage insurance, which keeps payments lower than comparable FHA financing.

Not every VA lender offers the renovation option, so working with a lender who genuinely knows this program matters more here than almost anywhere else in renovation lending.

Best for

• Eligible veterans and active-duty service members
• Buyers who want zero down payment
• Homes needing repairs to meet VA property standards
• Avoiding monthly mortgage insurance entirely

Program terms, limits, and eligibility are set by the insuring or guaranteeing agency and vary by lender and county. A licensed renovation lender can confirm exactly what your scenario qualifies for.