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VA Renovation Mortgage

VA Renovation Mortgage

[video_embed name=”VA Renovation Mortgage”]

VA Renovation Mortgage

Are you a veteran looking to purchase a home and are struggling to find a property in this market?  All due to the limited inventory and possibly the lack of quality in your availability, then perhaps a VA renovation mortgage may be exactly what you need to explore.

Or have you been struggling with the decision to sell your home because of the nature of Denver’s real estate market and have been thinking of renovating your existing home as an alternative to purchasing in order to accommodate your existing need?  A VA renovation mortgage may be your answer.

A VA renovation loan works similarly as to a limited FHA 203k with a few limitation differences.  You are able to add up to $35,000 in home renovations to your mortgage.  Structural, mold remediation, self-help is not allowed and the work needs to be completed in 4 months.

It can be used for a one to two unit, attached and detached property, no condos or 3-4 units are allowed.

Please give us a call if you would like to learn more or see if you qualify.

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Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.

387 N Corona St #646, Denver, CO 80218.

NMLS Unique Identifier #1838215

Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

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