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VA Loans are often the best option for high LTV loans.

| June 20, 2012 | 0 Comments

VA loans which offer financing up to $625,000 are often the best alternative for those eligible.  The VA loan’s no down payment and no mortgage insurance features allow qualified borrowers avoid possible expensive add-ons which are part of conventional and FHA lending.

Additionally, VA loans allow borrowers to refinance their homes and pull up to 100% of the equity out of their homes.  We have seen a huge upswing in the VA cash out loan as homeowners have been striving to replacing their high interest debts for our low VA rates.

You can even convert your conventional loan to a VA loan as long as you are not upside down on your value.

For more information call me and we can see if a VA loan is right for you.


Category: Need to Know

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