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Military Home Refinance Loans
Veterans and Military homeowners have been rushing to their banks to qualify for a VA refinance loans. Military borrowers love the flexibility of the VA home loans that extend 100% loans for refinancing and purchase transactions regardless of the credit. Most local banks do not offer VA home loans, but many mortgage brokers like Nationwide do specialize in VA home refinancing and second mortgages.
We offer helpful financing information for all types of VA home mortgages. We have assisted thousands of veterans with all types of credit obtain a competitive rate for their 1st home mortgage.
The Veterans Administration has introduced new VA home loan programs that offer military families 100% home mortgages. That means if you are buying a new home, you need no money down and if you are refinancing you do not have to have any equity in your home like traditional home lenders require.
With the recent mortgage lending debacle, the VA home loans have become very popular again. New initiatives make it easier for more conforming lenders and brokers to offer VA loan products.
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Veterans enjoy affordable mortgage loans with the new VA home refinancing programs. |
| Military Refinancing Loan Benefits |
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Fixed Interest Rate Loans |
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100% VA Mortgage Refinancing |
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Fixed Monthly Payments |
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Cash Out for Debt Consolidation |
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Home Improvement Funding |
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Cash Out Refinancing |
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Refinancing for All Types of Credit |
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Combine 1st & 2nd Loans together |
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Zero Down Home Purchase Loans |
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Home loans Guaranteed by VA |
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Low Fico Score OK |
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Limited or No Credit OK |
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No Appraisal Options |
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VA Streamline Limits Documentation |
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With no money down, VA Loans offer excellent flexibility for first-time homebuyers. |
What service is not eligible for a VA Home Loan?
You are not eligible for VA financing solely based upon service in World War I, Active Duty Training in the Reserves, or Active Duty Training in the National Guard. Note: Guard and Reservists are eligible if they were "activated" under the authority of title 10 U.S. Code as was the case for Iraq/Afghanistan.
What is the maximum VA loan?
Most mortgage lenders limit the maximum VA home loans to the conforming Fannie Mae limit of $417,000. The VA maximum loan amount in the states of HI, CA and AK was increased to the maximum FHLMC limit for those states, $539,475. |
Call Now & Learn More
1-800-242-6986 |
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