AL and FL Mortgage News

We are very proud to help the men and women who serve our country with their dream of homeownership year after year. Keeping with this standard, Gulf States Financial is releasing a new VA Renovation Program effective today June 5, 2017 to better serve the unique needs of our clients.

For many veterans and their families purchasing a new home at great price that might not meet VA appraisal standards meant the seller had to agree to fix a potential problem or the veteran would have to forgo the deal and find another house to buy.  For others, this has meant limiting a new home search to homes with pre-built ramps and accessibility features which can prove to be extremely difficult in a sellers market.

For veterans with existing VA loans this has meant having enough as-is equity for a cash-out refinance to make minor improvements with their home in an as-is condition.  However with the release of this program scores of veterans and their families will have alternatives to these and other headaches with our new VA Renovation program.

Below are just a few major highlights to the program: 

  • Minor remodeling and non-structural repairs
  • Accessibility upgrades included (ramps, rails)
  • Up to $35,000 in renovation costs with no minimum requirement
  • No consultant necessary (saves time and $500-$900 depending on your location) 
  • If you or a family member is eligible for a VA loan and want more information about this exciting new program, please feel free to email us or call us at 888-269-8335.

    Get preapproved or apply online 24 hours a day

    NMLS #835698


    Posted by Devin Murray on June 5th, 2017 1:22 PM



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