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VA Refinance Houston |
VA Streamline Refinance
A VA Streamline Refinance, also know as a IRRL (Interest Rate Reduction Loan), is an easy way to reduce your mortgage payment and save you a lot of money. A streamline refinance can be done WITHOUT an appraisal, NO income verification, and NO out-of-pocket expense.
Conventional to VA Refinance
Refinancing your conventional loan to a VA loan can save you money by REMOVING your monthly MORTGAGE INSURACE and LOWERING your interest rate. Removing your mortgage insurance is typically the equivalent of lowering your interest rate by 1%. Refinancing into a VA loan CAN and WILL save you money each and every month.
Cash-Out Refinance
On October 10th, 2008 the President signed into law the Veterans' Benefits Improvement Act of 2008. This law now allows eligible veterans to take out up to 100% of the value of their home to pay off their debt, make home improvements, or get cash back while reducing their rate.
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