We are committed to meeting the specific mortgage needs of our country's Veterans and Active Military members. We understand that finding the perfect home can be difficult especially in today's market. However, with the help of a VA Renovation loan, you can purchase that fixer-upper and turn it into the home of your dreams.
A VA Renovation loan offers the same benefits of a VA loan, including little-to-no down payment and low closing costs, but the VA Renovation loan also provides up to $50,000 for repairs and minor remodeling. Plus, you won't need to worry about making two monthly payments on two separate loans, because you have the simplicity of one payment for the renovation costs and loan.
Update the information below to estimate your monthly payment
Private Mortgage Insurance typically costs between 0.5% to 1% of the entire loan amount over 80% LTV on an annual basis.
Monthly Principal & Interests : $1145.80
Monthly Real Estate Taxes : $316.67
Monthly Insurance : $66.67
Monthly PMI : $0.00
Total Monthly Payments : $1529.13
Loan To Value Ratio : 80.00%
Months With PMI : 0 months
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Caliber Home Loans, Inc. is a mortgage servicer registered with the Superintendent of the New York Department of Financial Services. If you are a customer whose property is located in the state of New York, you may file a complaint and obtain further information about Caliber Home Loans by contacting the New York State Department of Financial Services Consumer Assistance Unit at 1-800-342-3736 or by visiting the Department's website at www.dfs.ny.gov.