Benefits
Skip 2 mortgage payments
Your existing impound account will be refunded to you
Appraisal may be required.
No out of pocket or upfront money
No income verification
No job verification
Credit report may br required
No debt ratios
No termite report
Property does not have to be owner occupied
All closing costs will be included in your new loan
We will come to you for the closing
No prepayment penalty
Requirements
Your mortgage must be current
The mortgage to be refinanced must be a VA loan
You can have only one (30) day late on your mortgage in the past 12 months
When going from a fixed 30 year to a new fixed 30 year loan your interest rate and payment must go down.
You can go from a 30 year fixed to a 5 year ARM and vice versa
Maximum proceeds to the borrower: $500If you are receiving VA Disability Benefits you will not pay the VA Funding Fee
You can choose from a 30 or 15 year fixed rate or 5 year ARM
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STREAMLINE LOAN OPTION
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CASH OUT OPTION
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ONLINE APPLICATION
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