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Here are other choices to purchase a fixer-upper or finance repairs of your present home. This kind of mortgage can be difficult to search out; even lenders that specialize in VA loans may not supply VA renovation loans. You’re obligated to use a VA-approved contractor, which limits your options. It could also be tough to finance extensive renovations with a VA renovation mortgage House & Home Improvement News, as all work should be accomplished on the property within one hundred twenty days of closing on the mortgage. A VA rehab and renovation mortgage permits you to purchase or refinance a…