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Investigating your VA refinance options may help you reduce your current mortgage interest rate so you can start saving more money every month.
Keep reading to learn more about the refinancing options that are available to you and how we can help.
If you would like to discuss a VA refinance plan with a professional, then feel free to give us a call at 888-775-1585 or click here to fill out our online contact form. Our specialists are happy to answer any of your questions and help you get the process started.
VA Streamline Refinance: IRRRL
One option to explore is the Veterans Administration’s Interest Rate Reduction Refinance Loan program, or IRRRL – also known as a “VA to VA refinance” or a VA streamline refinance loan.
If you bought your home when interest rates were higher, the VA refinance Streamline loan could mean significant savings in your monthly mortgage payment with reduced documentation and no appraisal.
Click here to discover the advantages of a VA to VA refinance.
VA Energy Efficient Mortgage: EEM Home Improvements
Are you ready to go “green” and take advantage of an energy efficient mortgage?
With VA’s Energy Efficient Mortgage program, you can add the cost of installing solar heating and air conditioning systems, insulation and other forms of weatherization home improvements to your VA refinance loan. Or – if you qualify – you can take cash out of your loan up to 90% of your home’s value.
VA Cash Out Refinance Loans
Are you interested in refinancing your VA loan to take advantage of current mortgage refinance rates?
VA home loans aren’t just for new home purchases. Eligible, qualified borrowers can also use VA refinance loans for their current mortgage – even if the original mortgage wasn’t secured through VA. We can help you refinance up to 100% of your home’s value.
Don’t let this opportunity pass you by. Get in touch with the team at VAMortgage.com and we’ll happily give you the information you need to start refinancing your loan.
Preparing for the VA Refinance Process
Refinancing a VA mortgage is a simple process, and can often be completed in a little as two weeks. Here’s what to expect:
- Paperwork– In order to move the process of VA Mortgage refinancing along, it is important to have sufficient documentation ready for your loan officers. This can include such items as your 2 years of W2’s or tax returns, income statements, among others.While it is not necessary to have all documents prepared at the beginning of the process, it can reduce the amount of time it takes you to receive your loan if you are prepared beforehand with the necessary paperwork.
- Underwriting and Closing– Once all necessary information has been acquired, a loan underwriter will review all available documents to ensure your eligibility for refinancing a VA mortgage.Once you have been approved for the loan, the time of closing will be arranged with your title company.
Get Started Today!
If you’re ready to get started, give us a call at 888-775-1585 and say, “I’d like to hear more about my VA Refinance options.”
Our VA refinancing specialists an help guide you through the process of selecting the option that works best for you and we would be happy to answer any questions you may have.
You can also fill out our VA Loan pre-application by clicking here!