VA Home Loan

Re-finance A VA Loan

June 14, 2009
By Realter

IRRRL Facts for Veterans IRRRL stands for Interest Rate Reduction Refinancing Loan. You may see it referred to as a “Streamline” or a “VA to VA.” Except when refinancing an existing VA guaranteed adjustable rate mortgage (ARM) to a fixed rate, it must result in a lower interest rate. When refinancing from...
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VA Mortgage: Pre-Loan Frequently Asked Questions

June 14, 2009
By Realter

General questions about VA loans that may arise BEFORE you get one Q: What is a VA Guaranteed Home Loan? A: VA guaranteed loans are made by private lenders, such as banks, savings & loans, or mortgage companies to eligible veterans for the purchase of a home which must be for their own personal occupancy. The...
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Am I Eligible For A VA Loan?

June 14, 2009
By Realter

Veterans Mortgage General Rules for Eligibility Military Service Requirements for VA Loan Eligibility: Note: Applications involving other than honorable discharges will usually require further development by VA. This is necessary to determine if the service was under other than dishonorable conditions. Wartime – Service During: * WWII: 9/16/1940 to 7/25/1947 ...
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