loans with the same payment. In a refinance, where a new VA loan is created, veterans may borrow up to 100% of a property's reasonable value, where allowed by state laws. In a refinance...
A VA refinance is brand new loan, not just an adjustment of a current one -- here's a rundown of three different types.
If you have an existing VA-backed home loan and you want to reduce your monthly mortgage payments—or make your payments more stable—an interest rate reduction refinance loan (IRRRL) may be right fo...
A VA cash-out refinance replaces your old mortgage with a new VA loan and lets you tap into your home equity. Learn how a VA cash-out refi works.
A VA loan refinance can help you save money or tap into home equity. Learn about the two types of VA refinance loans and how to qualify.
Two Great VA Loan Refinancing Options: VA Streamline (IRRRL) Refinance : Often called a "Streamline" refinance, the Interest Rate Reduction Refinance Loan (IRRRL) option is great for existing VA Loan holders who are looking to realize significant savings and take advantage of lower interest rates. More · on IRRRL VA Refinancing, Cash-Out Refinance : A "Cash-Out" refinance is an option for those with a VA or conventional loan looking to take advantage of their home's equity to access cash for home improvements, emergencies, pay off debt, or any ...
Use your veteran loan benefits to buy a home with no money down or refinance up to 120% of your home's value. View current VA loan rates and apply now.
VA home loans offer qualified borrowers the ability to improve, build or buy a home as well as refinance an existing loan.
Get information on FHA refinance and VA refinance loans, which allow homeowners the option to reduce payments or their loan term and have more flexible requirements than conventional loans.
What is a VA Loan? ; A VA home loan (also known as a Department of Veterans Affairs home loan) is one of the most useful military benefits. If you qualify, you can buy or build a home, or refinance an existing home mortgage, with as little as $0 down, great rates and financing with no mandated cap. Another benefit over traditional mortgages is that there is no PMI (Private Mortgage Insurance, the monthly insurance fee charged to protect the bank until you reach at least 20% equity). For most service members and veterans who qualify, a VA loan i ...