Using Your VA Loan Benefits for a Home That Needs Work

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You can use your VA loan to buy a fixer-upper, not just a move-in ready home. The trick is that the property needs to be eligible for the full loan amount upfront, meaning the purchase price must match the appraised value based on its current condition, not after repairs. Many veterans find success with renovation loan programs, but those typically require a conventional or FHA loan. For VA loans, you'd likely need a 'subject to' appraisal that accounts for necessary repairs, then fund fixes ou…