VA-guaranteed loans are backed by the US government and can be used to buy a house for yourself, a spouse, or a dependent. No down payment, limited closing fees, no private mortgage insurance, lifetime benefit, and flexible credit standards are just a few of the benefits available to qualified service personnel and military families.

Types of VA refinance loans

The Department of Veterans Affairs guarantees refinancing and other forms of house loans and grants in addition to home purchase loans. I can assist you in locating and applying for the program that best meets your requirements and qualifications, such as:
1) Cash out refinance loans
When you need money to pay off debt, pay for school tuition, maintain your house, or pay for other living needs, a VA Cash Out Refinance Loan can help.
2) Interest Rate Reduction Refinance Loan (IRRRL)
The IRRRL is a “VA to VA” loan, so you must already have a VA-guaranteed loan on the property. This can help you save a lot of money on your monthly mortgage payment.
3) Energy-Efficient Mortgages
Include the cost of energy-efficient renovations in your mortgage to help you finance making your house more energy efficient.
Key Benefits

Lower rates and decreased monthly payments

Special terms for existing loans

No need for an appraisal

Less application steps

Low-cost closing