Back to Find Financing Print Preview >

Finance Product Details

VA Renovation loan by imortgage
Lender: VA Renovation loan by imortgage
Product Description
In conjunction with LoanDepot, LLC, imortgage offers homeowners and buyers up to an additional $35,000 to repair, improve, or upgrade their home as part of VA-insured home mortgage. Upgrades can include energy efficient upgrades and cosmetic repairs such as flooring, kitchens, and baths. Single-family properties and multi-family properties up to 4 units are eligible for financing.
Verified by Lender on: 9/21/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Secured
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
15, 30 years
Minimum Amount:
$5,000
Maximum Amount:
$35,000
Fees:
None
Down Pmt. Required:
No
Re-pmt. Method:
Off-bill loan (Direct to Lender)
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
No product restrictions.
Funds other energy-related projects
No product restrictions.
Funds other non-energy projects
Remodeling and renovation projects may be financed.
Other Program Requirements
Financing Approval Time
Immediate- Preliminary
Equity in Property Needed
No

Other Variations of this product

VA Renovation loan by imortgage

Sponsor
Financing Type Secured loan
Term (years) 15,  30 year(s)
Rate (APR) Market Rate
Min. Amount $5,000
Max. Amount $35,000
One-time Fees No
Ongoing Fees No
Description In conjunction with LoanDepot, LLC, imortgage offers homeowners and buyers up to an additional $35,000 to repair, improve, or upgrade their home as part of VA-insured home mortgage. Upgrades can include energy efficient upgrades and cosmetic repairs such as flooring, kitchens, and baths. Single-family properties and multi-family properties up to 4 units are eligible for financing.