VA Refinance

VA Refinance Mortgage Loan

VA has access to more refinance options with fewer restrictions than the average homeowner. Whether your goals are a lower payment, debt-consolidation, home improvement, or to pay off your home faster, there are VA refinance programs best suited to help you meet these goals.

These programs include:

VA Streamline Refinance Loan (VA IRRRL)
Easiest and fastest way to reduce your rate, payment, and loan term.

VA Debt Consolidation Loan
Access up to 100% of the value of your home for purposes of lowering your monthly payment when you consolidate high interest rate credit cards, second mortgages, auto loans and more.

VA Refinance Relief – Veteran’s Benefits Improvement Act of 2008
The Veteran’s Benefits Improvement Act of 2008, provides VA refinance opportunities for veterans trapped in non-VA, “sub-prime” or “conventional” loans with unfavourable terms and higher interest rates. The law opens VA refinance opportunities for all qualified veterans, even those who are “upside-down” in their current mortgages with little or no equity left in their homes.

VA Home Improvement Loan
Use your home’s current equity to make improvements that could increase your home’s value.

VA Energy Efficiency Mortgage (EEM)
Veterans can get up to $6000 added to the refinance loan for energy-efficient upgrades or improvements to their home.

VA Cash Out Refinance Loan
Veterans with untapped equity in their home, a VA Cash Out Loan can be used to pay off bills, lower overall monthly expenses, or establish a more financially secure cash reserve.