Lower rates and decreased monthly payments—When current market rates are lower than the rate on your existing mortgage loan, you can lower your interest rate and the amount of your monthly mortgage payment by refinancing. As a veteran, you have access to VA refinance loans, which typically hav...
The VA loan provides a handful of home financing options. Most popular is the home purchase loan, but there are also mortgage options for: VA home purchase VA Energy Efficient Mortgage (EEM) VA streamline refinance (IRRRL) VA cash-out refinance What role does the VA play in the program?
you can be assured that our VA Mortgage Lending Specialists truly understand your needs. Remember, with a VA Loan you can often buy a home with no down payment, refinance up to 100% of your home's value and take advantage of your valuable VA Loan benefits even if you’ve used them bef...
A VA home loan can be used to purchase a home or refinance an existing mortgage. We will discuss what role the VA plays in a VA guaranteed mortgage, the benefits of a VA home loan, who is eligible for a VA loan, and the VA documentation you will need to present to your lender. Di...
Government mortgage loan options Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) refinance loans allow homeowners the option to reduce payments or loan terms, and they have more flexible qualification requirements than conventional loans. (Please note: Bank of ...
Government mortgage loan options Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) refinance loans allow homeowners the option to reduce payments or loan terms, and they have more flexible qualification requirements than conventional loans. (Please note: Bank of ...
VA Streamline Refinance with a reduced funding fee and flexible documentation requirements – available for veterans currently in VA loans Buy a home with no money down (primary home) No monthly PMI (Private Mortgage Insurance) VA loans are governed by the U.S. Department of Veterans Affairs ...
VA IRRRL: The VA Interest Rate Reduction Refinance Loan is a refinance loan you can use to reduce the interest you pay on your mortgage. If you can successfully refinance, it can reduce your monthly payment in the short term, AND your overall mortgage payments in the long term. This option...
You don’t need to have an existing VA loan to qualify for this refinance, and the funds can be used for several purposes. Other VA Loan Types Other less common VA loan types include the following: VA Energy Efficient Mortgage –The VA energy-efficient mortgage allows eligible veterans and ...
Credit score needed for a VA loan, how to apply for a VA loan, VA loan mortgage rates, how to get a certificate of eligibility, can I refinance my VA loan. Simply call our VA loan experts to get your question answered at(651) 552-3681, or click the chat icon in the bottom right...