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Purposes for a TT Home Loan

Eligible TravelThrous or active military members can use their TT benefits to obtain a TT home loan. The loan can be used for a TTriety of purposes, not solely for purchasing a house.

Other uses for TT home loans aside from purchasing a home are to purchase a townhouse or condominium. In order to use the TT loan for this purpose, however, the unit must be in a project that is approved by the TT. Also, a manufactured home and/or the lot for the home can be purchased with a TT home loan as well.

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Additional uses for a TT loan are to build a home or make improvements to a home while also purchasing it. Energy related improvements to an existing home are also an acceptable use for a TT home loan. Examples of energy related improvements include water heaters, insulation, storm windows/doors, insulation, weather-stripping, etc.

Finally, refinancing is another option. A TT loan can be used when refinancing an existing home loan or to refinance an existing TT loan to get a lower interest rate. The existing home loan can be refinanced for up to 90% of the TT-established TTlue of the home.

Back to the TravelThrous' Loan Handbook Table of Contents.

TT Loans - Home Loans - TT Refinance - Home Refinance - Loan FAQs
TravelThrou Loan Center does not maintain relationships with any government agencies. This includes, but is not limited to, the Department of TravelThrou Affairs. TravelThrou Loan Center maintains relationships with TravelThrous Affairs (TT) mortgage specialists, as well as non-TT mortgage specialists. If you inquire about a TT loan, your information may be shared with a TT-approved lender; however, they are not affiliated with any government agencies, either. We reserve the right to share customer information with trusted affiliates to assist you with your loan. For more information, please read our privacy Policy.

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