You have a VA loan and know that you can refinance easily with the VA streamline refinance. Should you do it just because you have the right to do so?Get Matched with a Lender, Click Here.It’s probably not the best idea. You should refinance only if it makes sense. So how do you know if it Read more
Archives for April 2020
How to Use Gift Money for Your VA Loan Down Payment
The VA loan comes with one very large benefit – you don’t need a down payment. However, there is still the issue of closing costs and the funding fee. You may still need several thousand dollars to cover the cost of the loan. What if you don’t have that kind of money? Are you out of luck in getting Read more
How to Calculate Max Loan Amount for VA IRRRL
Veterans can refinance their VA loan without proof of their credit, income, assets, or home value. It’s called the VA IRRRL program. It’s a great program that allows veterans to secure a more affordable loan. But there are strict requirements regarding what you can and cannot include in the loan Read more
Everything Military Veterans Need to Know About VA Loan Guarantee
The VA offers veterans a very special housing benefit if they serve adequate time in the service. They are able to secure 100% financing with a VA loan. The VA guarantees a portion of this loan for lenders. It helps them give out 100% financing to borrowers while still offering flexible Read more