The VA IRRRL loan allows veterans to refinance in the simplest manner. You don’t need to verify your income, assets, credit score, or the value of your home. Lenders rely on your mortgage payment history and net tangible benefit to qualify you for the loan.Looking for Current Mortgage Interest Read more
VA Loan Benefits for Surviving Spouses
A surviving spouse of a veteran may have the same VA home loan eligibility they would have had if their spouse was still alive. The law protects widows by giving them the same benefits even if the death was not as a result of serving in the military.Get Matched with a Lender, Click Read more
Is it worth it to do a VA streamline refinance?
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
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