 |
VA Home Refinance Loans for Military
Veterans & active military homeowners may qualify for VA home refinance loans that require no equity or appraisal. In most cases, VA refinancing and streamline loans require no equity. VA borrowers have been rushing to their banks to qualify for these amazing VA refinance terms that may not be available forever. Military borrowers love the flexibility of the VA home loans that extend 100% VA 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 refinance 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.
VA Streamline Refinance to 100%
With the recent mortgage lending debacle, the VA refinance loan has become very popular again. New initiatives make it easier for more conforming lenders and brokers to offer VA loan products.
|
Veterans enjoy affordable mortgage loans with the new VA home refinancing programs. |
| Military Refinancing Loan Benefits |
| • |
Fixed Interest Rate Loans |
| • |
100% VA Mortgage Refinancing |
| • |
Fixed Monthly Payments |
| • |
Cash Out for Debt Consolidation |
| • |
Home Improvement Funding |
| • |
Cash Out Refinancing |
| • |
Refinancing for All Types of Credit |
| • |
Combine 1st & 2nd Loans together |
| • |
Zero Down Home Purchase Loans |
| • |
Home loans Guaranteed by VA |
| • |
Low Fico Score OK |
| • |
Limited or No Credit OK |
| • |
No Appraisal Options |
| • |
VA Streamline Limits Documentation |
|
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
1-877-212-9478 |
|
|
|
| Free Finance Guides & Helpful Consumer Reports |
Take advantage of our free guides and disclosures that help 1st time homebuyers.
|
|
|
