VA Loans - Serving Those Who Have Served Us

No matter how broad a range of programs a lender may have, there is no escaping the rising interest rate market we’re experiencing now.  However, with a little more time spent, it’s often possible to find a compatible path to obtaining a mortgage loan for a home you want to purchase or refinance.  It’s all “needs based!” 

As we thank our Veteran’s for their service this Veteran’s Day, I am reminded of all the benefits VA loans offer our veterans. 

Most of us are aware that the VA loans don’t require down payment money to purchase or refinance a home. In other words, VA loans offer 100% financing, both for purchase and refinancing of their primary residence. 

An added benefit the VA loan offers is the “VA IRRL,” an Interest Rate Reduction Refinance Loan, often called the “Streamline” Refinance.  When the interest rates come down, a Veteran can refinance into a lower rate with no out of pocket closing costs, with very limited documentation, and even avoid the cost and time of an appraisal, supporting a faster closing!  The VA IRRL is a good program offering Veterans, and their families, a reason to consider buying now, rather than later!

Click the image above to read our flyer listing more available benefits of VA loans.