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ELIGIBLE LOAN PURPOSES
You may use VA-guaranteed financing:
• To buy a home.
• To buy a townhouse or condominium unit in a project that has been approved by VA.
• To build a home.
• To repair, alter, or improve a home.
• To simultaneously purchase and improve a home.
.
• To improve a home through installment of a solar heating and/or cooling system or other
energy efficient improvements.
• To buy a manufactured (mobile) home and/or lot.
• To buy and improve a lot on which to place a manufactured home which you already
own and occupy.
• To refinance a manufactured home loan in order to acquire a lot. (See VA Pamphlet
26-71-1, which is available on the internet at:
http://www.homeloans.va.gov/VAP26-71-1.htm, for more information about manufactured
home loans.)

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2. Can a veteran get a VA business loan?
No, but business loans may be obtained through the SBA (Small Business Administration). The SBA gives preference to veterans wishing to obtain small business assistance. For more information on this financing, consult your telephone directory for the SBA office nearest you or visit www.vetbiz.gov for general information on veterans in business.