There are many varieties of loans offered to veterans and service personnel, and a home improvement loan is one of them. Repairing an existing house using ordinary home improvement loans could turn out to be quite costly compared to VA home improvement loans. Home improvement loans can be used for any repairing work carried on the house.Now veterans can borrow up to 90% of their home equity for home improvements. The $25,000 cap has been removed from the home improvement loan program. Loans of $3,000 or less can be secured with a guarantor instead of a mortgage. There are many advantages to a VA home improvement loan program such as increasing the equity; the value and comfort added to your home by making improvements; a rate of interest that will be fixed and will be starting as low as 5%; and terms of up 15 years. Additionally, qualified applicants may apply for more than one home improvement loan.There are many home improvement projects that you can opt for to make your home more comfortable and also add to its value as a property. For instance, installation and repair of clean water and waste disposal systems, including related plumbing and fixtures; or additions such as garage construction; repairs and remodeling (i.e., replace a roof, install new windows, a new furnace or a central air conditioning system); etc.You can obtain the home of your dreams without moving into a new house, simply by taking advantage of the VA home improvement loan program and making the necessary repairs and additions.