VA Mortgage Refinance Options

The VA offers two attractive refinance options:

• Interest Rate Reduction Refinance Loan (IRRRL) or Streamline Refinance – A program for current VA mortgage holders. A Streamline Refinance allows homeowners to reduce or lower their interest rates with no out of pocket expenses and very little documentation.
• Cash-Out Refinance – A program for veterans who want to cash-out on the equity they have built up in their home. The cash-out proceeds can be used for any purpose, including consolidating debt, funding home improvements or paying for college.

If you are military veteran, and you are interested in refinancing into a more affordable VA loan, we urge you to contact us today to discuss the options available to you.