Refinancing with a VA Loan
Through the powerful VA Loan program, those eligible are also able to refinance in a couple of different ways. The most popular types of refinance options include the VA Streamline Refinance (also known as an Interest Rate Reduction Refinance Loan, or IRRRL) and a VA cash-out refinance.
Streamline Refinances allow Veterans with a VA Loan already to refinance to a lower interest rate. Cash-Out Refinances give the borrower the opportunity to use the equity of the home and use it as cash.
Two Ways to Refinance:
|Streamline Refinancing||Cash-Out Refinancing|
|Also known as a VA IRRRL, the “Streamline” refinancing option is great for existing VA Loan holders looking to realize significant savings and take advantage of lower interest rates.||An option for those with a VA or conventional loan looking to take advantage of the equity in their homes to access cash for home improvements, emergencies, paying bills or any other purpose.|
LIMITED TIME ONLY WE PAY VETERAN’S CLOSING COSTS!
At the end of 2016 Global Home Finance Inc. secured the rights to provide a special no closing costs program under a special Customer Closing Costs Subsidy Program (CCCSP). The program set aside funds of 100 million to be used to pay Texas Veteran’s mortgage closing costs. When the 100 million in funds is depleted the program will automatically terminate. This is only for Veterans Administration loans for Global Home Finance Inc. customers. We are allowed for a limited time to provide our customers with no closing cost loans under the VA lending program – including VA Jumbo loans with excess entitlement. Once the 100 million is gone this program will be terminated act now by calling 866-923-3222 or Apply Securely Online at:
A VA Loan is Right for Me and I am Ready to get Started with No Closing Costs!
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