There are many benefits that come along with a VA loan. Each one is designed to help the borrowing veteran obtain an affordable mortgage. VA loans can be used for the purchase of a home or for refinancing an existing mortgage. Find out here how you can benefit with a VA loan: http://www.slideshare.net/VeteranHomeFinancing1/the-many-ways-a-va-loan-can-help-you
While there are multiple mortgage programs available for today’s consumers, not all are suited for homebuyers and existing homeowners. Some programs, such as VA loans, are backed by the U.S. government and are available to a specific group of people. Active military and veterans have the advantage of using a VA loan which offers specific […]
VA loans have grown significantly popular in recent years. As one of the best mortgage programs available in today’s market, VA loans are making it possible for many consumers to become homeowners. Available to veterans, service members and military families for a home purchase or refinance, VA loans offer benefits that do not come with […]
VA loans are unique and have occupancy requirements when purchasing a home. This is due to the fact that a VA loan is a benefit that is reserved for veterans, active military personnel and other specific groups. However, when it comes to refinancing a VA loan, homeowners will find that these occupancy requirements may be […]
So far this year, VA mortgage rates have remained considerably low making the market both affordable and attractive for consumers. Some of these consumers are already homeowners while others may be searching for a permanent home. Either way, as the current trend continues, you should seriously think about these 2 reasons to consider utilizing low […]
Mortgage rates have once again dropped to a point that homeowners may have an advantage in the market. For those who are eligible for a VA loan, exploring the options that are available to you for a VA refinance might be worth your consideration. Refinancing a VA loan can be a way to save a […]
Just like all mortgage rates, VA rates will fluctuate between highs and lows. When VA mortgage rates are low, it is an especially a good time to take advantage of the VA IRRRL. The VA IRRRL stands for Interest Rate Reduction Refinance Loan, also known as a VA streamline refinance or “VA to VA”. The […]
Statistics show that most homeowners will not hold their original VA mortgage for the entire term of the loan. Today, refinancing is popular after owning a home for several years because easy online access to competitive mortgages has made this possible. With many questions surrounding this transaction, consider these 4 reasons you should refinance your […]
Choosing a VA lender for a home purchase or refinance can be a tedious task for most borrowers. In fact, most people don’t know where to start when it comes to finding a lender to consult with about borrowing and will settle for the first person they speak with. However, it is certainly possible to find the […]
One of the quickest, yet rewarding, type of refinance for veterans who already have a VA loan is the VA streamline refinance, also known as the Interest Rate Reduction Refinancing Loan (IRRRL). This VA refinance is a great way to save money when mortgage rates are low. Below are the important facts to know about […]
The VA home loan program is one of the benefits offered by the Veteran’s Administration to eligible servicemembers and veterans. The VA does not lend money, however, it will reimburse VA lenders in the event of a default. This VA guaranty reduces the lender’s risk which makes them desirable by lenders and, at the same […]
In addition to the VA streamline refinance program, also known as IRRRL, the VA offers a VA cash-out refinance for homeowners who want to take home equity out as cash. These funds can be used to pay off debt, make home improvements, pay for school, etc. While the VA IRRRL can be used only for existing VA […]
The VA loan program offers veterans, active military and other specific groups the opportunity to purchase a home with 100% financing. However, the program does not end there, but continues to provide benefits to homeowners, one of which is the VA Streamline Refinance program or IRRRL. IRRRL stands for the Interest Rate Reduction Refinance Loan […]
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