source:
  type: guide
  id: va-m26-7-ch07-t04
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 7, Topic 4 — Loans For
    Alterations And Repairs
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 7, Topic 4 — Loans
    For Alterations And Repairs.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch07-t04-full
  canonical_id: va-m26-7-ch07-t04-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 7, Topic 4 — Loans For
    Alterations And Repairs
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 7, Topic 4 — Loans
      For Alterations And Repairs
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: 0e2735cf8ca44400
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:74297ad4fadd5e592b5688f5567170f8c128f7c9749dd06edd59e735a69099d8
    paragraph_quote: '4. Loans For Alterations And Repairs Change Date March 11, 2019
      • This chapter has been revised in its entirety. a. Description VA may guarantee
      a loan for alteration and repair: • Of a residence already owned by the Veteran
      and occupied as a home, or • Made in conjunction with a purchase loan on the
      property. The alterations and repairs must be those ordinarily found on similar
      property of comparable value in the community. b. Value Considerations The cost
      of alterations and repairs to structures may be included in a loan for the purchase
      or regular “Cash-Out” refinance of improved property to the extent that their
      value supports the loan amount. VA Pamphlet 26-7 Revised Chapter 7: Loans Requiring
      Special Underwriting, Guaranty, and Other Considerations 7-24'
  judgment: false
