Up to 100% refinance of your home value
Flexible credit score guidelines
No prepayment penalties
Often called a "Streamline" refinance, the Interest Rate Reduction Refinance Loan (IRRRL) option is great for existing VA Loan holders who are looking to realize significant savings and take advantage of lower interest rates.
An option for those with a VA or conventional loan looking to take advantage of their home's equity to access cash for home improvements, emergencies, pay off debt, or any other purpose.
At VeteranMortgageOptions.com we pride ourselves on being different from other service providers. We specialize in VA loans and take great pride in serving those who have served. This dedication and focus on VA loans has allowed us to streamline the VA loan process, making it very smooth and easy for our clients.
This extensive VA experience enables us to streamline the VA loan process, making it smooth and easy for you. Once you get started, your VA Loan Officer will be there with you every step of the way, gathering the necessary paperwork and will work with the VA on your behalf.
Veterans of the United States Uniformed Services may be eligible for a broad range of programs and services provided by the Department of Veterans Affairs (VA). Eligibility for most VA benefits is based upon discharge from active military service under other than dishonorable conditions.
With a VA loan, no down payment needed if the purchase price does not exceed the appraised value. Don't worry about your credit score as there is no minimum score required. Lastly, there is no penalty for paying your mortgage off ahead of schedule.
The VA Home Loan program provides qualified homeowners with a simple way to take advantage of lower rates and decrease their monthly mortgage payment. Beyond that, military homeowners can get cash back on a VA refinance and use the proceeds for a variety of needs, from paying off debt or making home improvements and much more. The current economic climate makes now a great time or many military homeowners to take advantage of the numerous benefits found in a VA refinance.