Tuesday, December 6, 2011

Military Veterans: Get a better rate with a Veteran Home Loan

One of our dreams is to make a move out of the big city, I know most have dreams of moving to the city. But we have the opposite dreams. But I know how hard it is to save money these days. I do as much as I can, I clip coupons and I skimp and save as much as I can. And one day we will make that move, to the small city. And have that small city life we would love our daughter to have.

My cousin who is currently serving a term in Iraq and he is currently looking for a country home as well. I have found a wonderful option for him to save money on a loan. A VA Loan is a special loan that is guaranteed and insured by the government and can be issued by a specially licensed lender.  There is no required down payment for a VA loan.

  • VA streamline refinancing lets you refinance your existing VA home loan with no out of pocket expenses. All closing cost and pre-paids can be rolled into the loan amount.
  • Credit qualifying may be required, and your existing mortgage must be current and you cannot have had more than one 30-day late mortgage payment within the last 12 months.
  • Income documentation may be required.
  • Employment verification may be required.
  • Skip up to 2 payments.
  • Get existing escrow account refunded back to you.
  • Fast, convenient in-home closings.
  • Your current mortgage loan must be a VA home loan in order to do a VA streamline refinance.
  • Cash-out is not allowed on Streamline Refinace loans. If you need cash in your refinance, consider a VA cash-out refinance. You can however earn up to $6000 in energy efficient improvements in the loan amount.
  • Complete our simple, one-minute form to receive a free, no obligation VA Streamline Refinance Quote from a VA Loan Specialist.

Wow being able to skip up to 2 payments? That is so wonderful, if you ever had a loan you know what a wonderful gift being able to skip 2 payments is. It can help out when the family needs help the most. I am so happy that there are people out there that really care about giving veteran’s   a break when getting a loan. This is a great way to say thank you for all of your help serving and protecting our country.

So if you know any veterans that are looking for a home loan be sure to check out a Military VA Loan.

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Disclosure: The reviews and or opinions on this blog are my own opinions, . No compensation was received. All opinions are my own. This is a unofficial fan site that is not affiliated with the Walt Disney Company or Disney theme parks.