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VA Refinance Rates
Military borrowers may have the best opportunity in the mortgage industry because VA refinance rates are so low and at the same time, VA lending guidelines are so flexible. Borrowers who are eligible for the VA program can get a 100% refinance. That means veterans and active military personnel can get the best VA refinance rates ever and no equity is required. Unlike FHA loans, borrowers do not have to pay monthly mortgage insurance.
Learn More about Qualifying for a Fixed VA Refinance Rate
Compare lenders that offer a wide variety of VA refinance opportunities for eligible homeowners. Compare programs like the cash out and the VA streamline refinance. Even as after Fannie Mae and Freddie Mac tightened the credit guidelines, the VA program did not implement a minimum credit score. That means that military borrowers with low credit scores, past bankruptcies may still be eligible for VA refinancing with bad credit. Over the last decade, millions of veterans have increased their savings with a fixed rate VA refinance guaranteed by the Department of Veterans Affairs for the life of the loan.
No Equity Is Required with VA Refinancing
** Fixed VA refinance rates are subject to change without notice. Loan approvals are subject to lender guidelines including credit, income and appraisal documentation approved by the underwriter.
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