Beyond the Honey-Do List — 7 Steps to a VLB Home Improvement Loan

In 2019, a Harvard University study predicted a remodeling activity slow down for 2020. Of course, they didn’t expect a massive work and school at home tsunami coming in 2020. With a majority of people spending more time at home, home remodeling and repair work has surged. According to a recent U.S. Census Bureau report, hardware stores and building material suppliers saw a 22.6% year-over-year sales increase.

Currently, we are seeing almost historic low-interest rates for homes and home improvement loans. And rates are even lower for Veterans with a 30% or more disability rating. So if now is the time for that new deck, bathroom redo, or other large projects, Veterans and Military Members should review the VLB’s home improvement program by following these seven simple steps.