Get the benefits of VA refinance loan if you are a veteran of the armed force. The government provides special benefits for veterans who choose to refinance even if you currently have a VA loan. Veterans may save a large amount of money over the course of their VA refinance loan.
Types of VA Refinance Loan
VA streamline refinance: You might want to reconsider VA streamline refinance if you wish to lower your rate; you can still obtain this even if you currently have a VA loan. The benefits of a streamline refinance are: no out-of-pocket-costs, no maximum loan amount, no appraisal required, no monthly mortgage insurance, no income or credit check to qualify.
Cash out refinance: Take cash out or pay off your debts today with cash out refinance. You are eligible if you currently have a VA loan and have built up some equity in your home. The benefit of this is you may cash out up to 90% of your home’s value. The money can be used towards paying off your bills, home improvements or other expenses.
Conventional to VA refinance: You may only refinance your conventional mortgage to a VA mortgage if you currently do not have a VA home loan. The benefit of this refinance program is that you receive: no monthly mortgage insurance, no out-of-pocket closing costs, take cash-out up to 90% with a VA refinance, and so much more.
Consult One of Our Mortgage Professionals Today
Come and speak to one of our home mortgage lenders today to see which VA refinance loan programs best suits your needs. You may also start saving your money right away with our one minute application. You get the reward of a lower interest rate while not having to worry about the cost to refinance. If you want the best mortgage refinance loan there is out there come to East West Mortgage to get set up with one of our home mortgage lenders.
