Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: VA REFI

Beware of VA IRRRL Scams

Beware of VA IRRRL Scams

We get plenty of reader comments and questions, but lately we've noticed a trend in the comments about a possible scam targeting people with VA mortgages. There's been an increase in questions asking about third-parties who contact home owners about...

VA Loan Refinance Options: A Reader Question

VA Loan Refinance Options: A Reader Question

A reader asks, “Hello…we received a letter a few days ago from a VA Refinancing bank in California. We had purchased our home last July and have recently been very worried about all our medical bills, etc. that have accumulated...

VA Cash Out Refinancing Loan Purposes: A Reader Question

VA Cash Out Refinancing Loan Purposes: A Reader Question

A reader asks, “I am interested in the Cash-out Refinance Loan. I’m a Veteran but never used VA Loan. I’m a homeowner still paying mortgage. I understand that I can apply for the VA’s Cash-out Refinance Loan to take care...

VA Streamline Refinance Rules: Mortgage Payment Decreases

VA Streamline Refinance Rules: Mortgage Payment Decreases

The VA Streamline Refinance loan, also known as a VA Interest Rate Reduction Refinance Loan or IRRRL, is an important benefit for those who have existing VA mortgages. This refinance option has no VA-required credit check or VA required appraisal,...

VA Loan Reader Questions: VA Loan Funding Fee Exemptions

VA Loan Reader Questions: VA Loan Funding Fee Exemptions

A reader asks, “I am the disabled veteran and my husband is a also a veteran but not disabled. My husband has the excellent credit history and salary requirements that will get us the low interest rate, however I am...

VA Cash-Out Refinance Loan Options

VA Cash-Out Refinance Loan Options

It's easy to assume the wrong things about VA refinance loans, but once you understand the rules for programs like VA cash-out refinancing, it's easy to see what your options are for a refinance loan. For example; VA cash-out refinance loans...

VA Loan Refinancing Fees For “Other Refinancing Loans”

VA Loan Refinancing Fees For “Other Refinancing Loans”

In the past we've covered a wide range of refinance loan topics here, including the associated fees and charges that come with refinancing a VA mortgage. The VA has rules not only about these fees and charges, but also which...

Comparing VA Refinance Loans

Comparing VA Refinance Loans

At the time of this writing, VA loan rates are quite low and many who have existing VA or conventional loans are giving serious thought to their refinancing options even if they've already refinanced in the last five years or...

VA Cash Out Refinancing Loans and Credit Scores

VA Cash Out Refinancing Loans and Credit Scores

A reader asks, "What does my credit score have to be to be able to refinance my home with cash out? What of the three scores are looked at?"

When it comes to credits scores for VA guaranteed home loans, the...

Is My VA Home Loan Eligible for the Bank of America Principal Reduction Program?

Is My VA Home Loan Eligible for the Bank of America Principal Reduction Program?

The HUDddle, an official blog found at the Department of Housing and Urban Development, recently linked to a news story at a website called Commercial Appeal regarding Bank Of America’s loan reduction program. According to the blog post, “More than...