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| America's Disabled Veterans |
Are you a serviceman or woman returning to your family home
as America’s commitments in Iraq and Afghanistan wind down? Do you face
mobility challenges as a result of injuries sustained in the line of duty? Many
mortgage lenders help veterans across America to achieve a barrier-free living
environment and independent living that meets their specific needs. They can
structure a VA remodeling loan to help you reconfigure your residence to ease
the daily challenge.
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| Remodel Bathroom |
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| Install Accessible Ramp |
Whether you need special ramps, wider door frames, accessible
bathtub or a physical therapy area, you can get help finding an affordable monthly payment. Perhaps you need to relocate the main bedroom to
a ground floor level, adding or upgrading a bathroom. These, and many other
projects, can make your home accessible and comfortable throughout. Major remodeling
can be a budget buster, but with a low interest VA remodeling loan, your
project can become reality.
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| Add accessibility features in kitchen |
Backed by a VA guarantee, you can qualify for a low rate for
the most flexible options in the industry. Eligible borrowers are not required
to make a down payment or pay private mortgage insurance. Your credit score has
no impact on your rate for this type of loan. If you’re a veteran who is
eligible for a VA loan you can borrow as much as 90% of your home equity and
use it for home improvements.
Perhaps your home has lost value while you were on active
duty and you do not have enough equity to fund the accessibility upgrades? A
great option is to apply for a
Temporary Residence
Adaption grant offered by the Department of Veterans Affairs. This one-time
grant is designed to help veterans injured in the line of duty to adapt their
home to suit their particular disability. A mortgage lender can supplement
this grant with a VA remodeling loan to help you take on a big project. You
must act now to take advantage of this grant program, which ends December 31,
2012.
Qualified veterans take advantage of a VA Remodeling Loan
for your home upgrades. Investigate this opportunity today!
~~ Linda Ivanov, author
