The home buying process can be confusing, but…
The VA home loan specialists at VAMortgage.com can help you refinance your mortgage for a variety of reasons, using one or more of our special VA refinance options, such as a VA Energy Efficient Mortgage, or EEM, which can be combined with a new home loan or refinance loan.
About the VA Energy Efficient Mortgage
Active service members or veterans can refinance their current mortgage with the VA Home Loan Program, even if the original mortgage wasn’t secured through the Veterans Administration. With a VA Energy Efficient Mortgage, EEM, you can install solar heating and air conditioning systems, insulation and other forms of weatherization and include those costs in your refinance loan. Alternatively, if you qualify, you can take cash out of your loan up to 90% of your home’s value. If you were doing a conventional loan, you’d only be able to take out 80% of your home’s value. With FHA, that number would be capped at 85% of your home’s value.
