CalVet Loan to a VA Loan The CalVet home loan program is a great way for a Veteran in California to buy a home. However, the VA loan program beats out the CalVet loan program in a lot of ways. A California Veteran looking to buy a home using their VA entitlement should look at […]
Tag: va refinance
What is the maximum loan to value on a VA cash out refinance?
The VA mortgage program is an excellent option for California’s Veterans when it comes to refinancing home to pull cash out. Similar to how VA allows for 100% financing on a home purchase, VA also allows 100% financing on cash out refinances. There are two main types of refinance programs available using VA financing. The […]
Two Types of VA Refinancing in California
There is more than one type of VA refinance program available for California Veterans. While the most common type of VA refinance program is the VA Interest Rate Reduction Reduction Refinance, or VA IRRRL, the VA cashout refinance is also very a very popular VA refinance program. What is a VA IRRRL? A VA Interest […]
VA Cash Out Refinance for California Veterans
The VA cash out refinance is one of the most under utilized VA benefits available for California Veterans. The advantages of using the VA loan program for pulling equity out of your home include being able to borrower up to 100% of your home value, flexibility when it comes to credit and income qualifying compared […]
Cashout Refinance to 100% Loan to Value with a VA Loan
It is possible to use VA financing to pull cash out up to 100% of the properties value. And while this may be true according to “VA Guidelines”, it’s not true with most lenders. Most lenders only allow a refinance of a VA loan to 90% of the properties value. First, it’s important to mention […]
Refinance from FHA to a VA Loan to Drop Mortgage Insurance
A refinance from an FHA home loan into a VA home loan is a great way to drop FHA monthly mortgage insurance, at least for those Veterans who are eligible. The monthly mortgage insurance on an FHA loan can really add on to your mortgage payment. And for FHA loans with case numbers pulled after […]
California Veterans Qualify for a VA Refinance Even if they have a Conventional Loan
Even if you currently have a Conventional or FHA loan, yes, you can refinance into a VA loan if you are an eligible veteran or member of the armed services. You can even refinance up to 100% of your homes value. Better yet, you may be able to save a great deal of money with a […]