Loan Simple Inc: MNMLS 3032 | 9635 Maroon Circle #100 Englewood CO 80012

9635 Maroon Circle, Englewood, Colorado 80112, United States
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Cell: 720-400-0780


VA Renovation Loan for Purchase and Refinance

Marco A. Montano | NMLS 404303
VP of Renvoation at Loan Simple Inc.

Want additional information on other renvoation progams?

FHA 203k Program

The FHA loan program is for Primary home borrowers who want to buy/refinance and roll all repairs/renovation into one fixed FHA loan with 3.5% down payment.

FHA 203k Website

VA Renovation Program

Are you eligible for a VA loan?  This program will allow you to buy/refinance a home and roll in all repairs/renovation into one fix loan.  This loan allows you to finance up to 100%.

VA Renovation website

Conventional Renovation Program

This loan allows to buy/refinance a Primary Home, 2nd Home, and Investment Homes.  Allowing you to purchase/refinance all repairs/upgrades into a conventional loan.  Anything goes, even luxury items.

Conventional renovation wesbite

One time close construction loans

Do you want to build a home?  We have a one time construction loan for FHA, VA and USDA with very minimal or no down payment options.  You don't have to make any payments during the construction face.  We can lend for Manufacture, Modular or traditional built homes.

construction loan website

Finding the perfect move-in ready home is getting harder...

For a lot of home buyers finding that perfect move in ready homes might seem impossible. In this market move-in ready home are harder and harder to find. The cost can sometimes be well above what most home buyers can afford. Fixer-uppers homes appeal to many customers but finding the funds to repair the home can be a difficult process. 

The solution is the VA renovation loan, eligible home buyers can find the perfect fixer-upper and roll the money to fix the home into one fix loan. The VA renovation loan, also known as the VA rehabilitation loan, is a VA guaranteed loan program that allows home buyers to buy a home a fund up to $35,000 in repairs and improvements.

How can i use a VA renovation loan for a Purchase/Refinance

What is a VA Renovation Loan.

The Veteran Renovation Mortgage will allow an eligible Veteran to either Purchase or Refinance a home and include all minor/cosmetic renovation or non structural repairs.  There is no minimum renovation amount do this is the time to repair or upgrade the home you are wanting to buy/refinance. 

Purchases: Homes that need minor repairs

  • Perfect for foreclosures and short sales homes listed on the market
  • Minor improvements to outdated homes
  • Homes in need of some TLC

Refinance: Why move? When you can Renovate.

  • Improve your home instead of moving
  • Homes in need of TLC
  • Home with defer maintenance

Types of Eligible improvements, but not limited to:

  • To eliminate any health and safety hazards
  • Connect the home to public sewer and water systems
  • Repair or replace plumbing, AC, Heat and electrical systems
  • Eliminate obsolescence 
  • Install or repair a new roof
  • Siding, gutters and downspouts
  • Make energy conservation improvements
  • Making a home ADA accessible
  • Install or repair walkways, fences and driveways
  • Install new appliances such as a refrigerator, oven, cooktop, dishwasher
  • Repairing or removing an in-ground pool
  • Installing smoke and CO2 detectors
  • Installing/replacing or repairing exterior decks, patios and porches
  • Lead base paint abatement



Ineligible Improvements include but not limited to:

  • Any kind of structural modifications
  • Repair or installation of a private well
  • Any repair/installation of a private waste system/septic system
  • Mold remediation
  • Landscaping and site improvement
  • Luxury improvements such as a pool installation, hot tubs outdoor kitchens
  • Purchasing a structure and moving it to another site
  • Any repairs that will take more than 4 months
  • Repairs that will displace the borrower more than 15 days during the renovation
  • Any self-help also know as sweat equity

Eligible Property Types

  • 1 Unit Primary Residence (attached/detached)
  • 2 Unit Primary Residence (attached/detached)

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Marco Montano | NMLS 404303 | VP of Renvoation

Loan Simple Inc. NMLS 3032

9635 Maroon Circle, Englewood, Colorado 80112, United States

Cell: 720-400-0780

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