VA – for Veterans

We also do the VA Refinance loans. VA has two options for these. If you are already on a VA loan and want to reduce your loan then a great option is the VA IRRRL or Interest Rate Reduction Refinance Loan. This option typically doesn’t require an appraisal and has very low closing costs. This streamline option doesn’t verify income or assets and as long as your mortgage is not over 30 days late for the past year then you qualify.  VA also allows for full qualifying refinances in order to allow up to 100% cash out giving you access to the full equity value of your home. 


Additional Resources

Veterans Administration
www.va.gov

VA Home Loans
http://www.benefits.va.gov/homeloans/index.asp

Link for ordering your Certificate of Eligibility (COE) – Rules for qualifying are listed here as well. 
http://www.benefits.va.gov/HOMELOANS/purchaseco_eligibility.asp

Link for instructions to get a copy of your DD214 – http://www.archives.gov/veterans/military-service-records/ . There are also some services available online for a fee to get it quicker if VA can’t get it to you as quickly as you would like.