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Can I borrow more than 100% of the purchase price on a home to make improvements?

April 26, 2017borrow Home improvements price purchase

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Can I borrow more than 100% of the purchase price on a home to make improvements?

1 Answer

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Yes, an EEM or Energy Efficient Mortgage allows for the purchase or refinance using your VA benefits for up to $6,000 over the appraised value of the home.