As a veteran, you may be eligible for a VA loan. This means a loan with no down payment and flexible guidelines. However, the VA does not write the loans. You have to find VA approved lenders. This does not mean just any lender will do. The VA only approves certain lenders to write the loans.Our lenders can answer your questions about VA loans here.Keep reading to learn what to look for … [Read more...]
The Most Common Lender Overlays on the VA Streamline Program
The VA Streamline program is a simple way for current VA loan holders to refinance their loan. It is simple for current VA loan holders to qualify for and it saves them money every month. What more could you ask for? According to the VA, you only need to meet the following requirements:You VA home loan must be current on its payments You cannot have more than 1 late housing payment in the … [Read more...]
Why do Lender Overlays Exist on the VA Streamline Program?
The VA Streamline program is known for its easy to qualify for guidelines. According to the VA, all that you need to qualify are the following:A VA loan that is current on its payments and does not have more than 1 late payment in the last 12 months An interest rate that is lower than your current rate (unless you are refinancing from an adjustable rate loan to a fixed rate loan) A … [Read more...]
Pay No Closing Costs With A VA Streamline Refinance
In This Article:VA Home Loan and Refinancing Closing Costs Out of Pocket Closing Costs Finding A LenderVA Home Loan and Refinancing When you buy a house or refinance an existing loan through the VA home loan program, you’ll have many benefits that come with financing through a VA home loan. One of the most favorable benefit to the VA home loan is you won’t have to pay any money … [Read more...]
How to Get Pre-Approved for a VA Home Loan
One of the first steps in obtaining a VA Home Loan would be to receive your pre-approval from a VA-Approved lender. To find a lender, you’ll want to research many different lenders as not all lenders will offer the same rates and guidelines when it comes to the VA home loan program. You want to make sure your lender is also VA approved. Click the link below to start your lender search today. Once … [Read more...]
