Can you use the VA Loan for home improvements? | Best Finances

You actually cannot when you are purchasing a home. You would have to take out a home improvement loan after you finishing your purchase. If you were refinancing that would be a different story.
A Cash Out Refinance allows the veteran or active duty military to pull cash out of the equity of the loan, hence the name of the loan.You can borrow up to 90% of the equity of the loan. What is done with the cash is at the borrower?s judgment. For example?home improvements.

The company I work for does VA purchases and refinances and could give you more information about either type of loan. You can call talk to someone for more information at 888-567-2848 or visit this website.
http://www.lowvarates.com

Source: http://bestfinancesolutions.com/credit/loans-credit/can-you-use-the-va-loan-for-home-improvements/

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