Do I need a down payment?

No — with full entitlement the VA benefit allows $0 down with no monthly mortgage insurance.

VA Renovation Loan

Buy and repair a home in one VA loan.

How it works

The VA renovation (or 'rehab') loan rolls the cost of repairs and improvements into the purchase loan, letting you buy a home that needs work with VA financing and zero down.

Key things to know

$0 down payment with full entitlement, and no monthly mortgage insurance.
Requires a Certificate of Eligibility (COE) and a primary-residence occupancy plan.
A one-time funding fee applies (financed; waived for many disabled veterans).
VA county limits only matter for partial entitlement — otherwise there is no cap.

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Frequently Asked Questions

What is the VA Renovation Loan?: The VA renovation (or 'rehab') loan rolls the cost of repairs and improvements into the purchase loan, letting you buy a home that needs work with VA financing and zero down.
Do I need a down payment?: No — with full entitlement the VA benefit allows $0 down with no monthly mortgage insurance.