VA Refinance

With a VA loan, you are not outside the realm of a refinance to see if you can get a better rate, or even to cash out on equity. For eligible VA loan borrowers, there may be specific options just for you to be able to refinance your loans.

VA IRRRL (Veterans Affairs Interest Rate Reduction Refinancing Loan)

Veterans, retirees and active duty personnel can refinance an existing VA guaranteed loan to reduce the interest rate or switch an adjustable rate to a fixed rate through the VA Interest Rate Reduction Refinancing Loan (IRRRL). No appraisal or credit underwriting is required unless upon request. IRRRL only requires applicants to certify previous ownership of the home under the loan’s coverage and may be done with no money out-of-pocket by including all costs in the new loan.

VA Cash-out

This VA refinance option helps eligible military borrowers refinance their home loan to get cash from built-up equity. Our program also offers the ability for up to a 100% cash out option*.

*For qualified borrowers. Other VA-permissible fees may still occur.

Who a VA Loan Refinance is for:

check markQualified veterans and service personnel with a VA loan

check markQualified VA loan homeowners who want to reduce their interest rate or switch from an adjustable rate to fixed rate

check markQualified borrowers who want to refinance without an appraisal or credit underwriting (IRRRL only)

check markQualified VA homeowners who want a streamlined refinance with no money out-of-pocket

check markEligible borrowers who want to tap into their home’s equity (Cash-out only)

Ready to talk about your VA Refinance option? Give us a call today!

For more information about this loan program, please contact your local Loan Officer. Eligibility, programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval.

loanOfficerImage

Ed Butler

Loan Officer

Movement Mortgage

Wondering how much home you can afford? Let’s talk about your next move!

901 Dave Gibson Blvd,
Fort Mill, SC 29708

NMLS #108407
State License #FL-LO61054, NC-I-135497, SC-MLO-108407

Call
(704) 281-3822

Fax
(704) 900-0649