Guaranteed Rate Unveils VA Renovation Loans – NMP Skip to main content

Guaranteed Rate Unveils VA Renovation Loans

Jun 24, 2019

VA Renovation Loans will offer up to $35,000 in funds to complete improvements and renovations.

Chicago-based Guaranteed Rate has introduced the VA Renovation Loan, a product designed to help military veterans purchase and renovate homes.
 
According to the company, VA Renovation Loans offer up to $35,000 in funds to complete improvements and renovations along with traditional VA loan benefits including 100 percent financing options. Borrowers may finance up to 100 percent of the purchase and improvements price with up to four months to complete the project.
 
“Our goal is to provide more homebuying options for veterans, especially those looking to purchase in low-inventory areas,” said Guaranteed Rate Renovation Leader Tom Shelar. “These loans provide a way to purchase and more affordably create the homes of their dreams. It is an honor to represent our veterans, who have done so much to serve us all of us.”
 
Since 2000, Guaranteed Rate has built a foundation of delivering competitive pricing, mortgage products and unmatched expertise from its top-producing loan officers, helping thousands of customers move into their dream homes. The company introduced the world’s first Digital Mortgage, creating an easy-to-understand, transparent loan process, which has led to an industry-leading customer satisfaction rating and exponential growth.

 
About the author
Published
Jun 24, 2019
More from
Renovation
Aging Housing Stock Drives Renovation And Lending Demand

With nearly half of homes built before 1980, rising teardowns and limited new construction are driving demand for renovation, construction, and purchase financing

Mar 24, 2026
Millennials: The Renovation Generation

Despite owning fewer homes, millennials are outspending every other generation on maintenance, emergencies, and renovations as high mortgage rates push them to improve rather than relocate

Jan 21, 2026
Stewart Acquires Mortgage Contracting Services

In a $330 million transaction, global real estate services provider adds property preservation specialist to expand its offerings in disaster inspections, maintenance, renovations, and other property-related services

Nov 07, 2025
Fixer-Uppers Gain Popularity As Home Prices And Rates Stay Elevated

Fixer-uppers remain an entry point for stretched buyers, even as they lose luster as an easy profit play for seasoned investors.

Sep 23, 2025
Home Flipping Profit Margins Hit 17-Year Low In Q2 2025

The typical home flipper saw only a 27.5% return on investment

Sep 19, 2025
Equity Loans Key to Remodeling

1 in 10 homeowners put the entire cost to remodel on their credit cards

Apr 09, 2025