VA Mortgage Program
VA renovation loan program allowing borrowers to finance home improvements, now featuring updated DTI guidelines that align with standard AUS findings for Approved/Eligible recommendations.
Underwriting at a glance
- Minimum FICO
- -
- Max LTV (purchase / rate-term)
- -
- Max LTV (cash-out)
- -
- Loan amount
- -
- Documentation
- full-doc
- States
- most states
Highlights
- •Approved/Eligible AUS recommendations follow standard DU/LPA findings
- •65% DTI cap applies to Refer/Eligible and manual underwrites
- •DTIs over 41% must meet VA residual income requirements
- •Renovations up to $75,000 for non-structural work
- •6-month maximum renovation period
- •Initial draw advance up to 50% capped at $25,000
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 9/1/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
6.250%
6.288% APR
FHA
5.750%
5.780% APR
VA
5.750%
5.780% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.