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VA Streamline Refinance the Cure for No Equity Refinancing

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With 100% refinance and no money down loan options, the VA mortgage loan has become one of the most sought after home loans in the United States.  If you are active in the military or a veteran, you may qualify for the best home mortgage loans online.

VA Streamline Offers 100% Refinancing… While the traditional loan programs and the FHA guidelines have tightened, the VA loan programs continue to offer aggressive 100% home financing with no money down loan options for purchase and refinance.

No Home Equity? VA borrowers who have no equity can still take advantage of low VA mortgage rates with the VA streamline program.  The VA streamline refinance is a rate and term refinance program that is only available for VA borrowers who do not want cash out but are looking for better interest rates or a fixed rate amortization.  In most cases the VA streamline loan does not require an appraisal, so consumers that lost the equity in their home can still qualify to refinance into a low rate mortgage.

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3 Comments

2

We have found that like the fha streamline loans, the VA streamline program has a lot of new guidelines… Have you noticed tighter underwriting as well?

3

Great finance website. We help people with bill consolidation and debt settlement services. Please refer us the applicants who are unable to qualify for a mortgage refinance. Again, very useful information on your mortgage blog. I’m sending it to some friends!

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