Effective on January 1st 2020, there will be several changes to the VA loan program. The VA loan is a mortgage loan program that provides many great benefits for veterans and their families. With the passing of the Blue Water Navy Vietnam Veterans Act of 2019, several changes are coming that every veteran considering applying …
Category: VA Funding Fee
New VA Loan Changes start on January 1st, 2020
Effective on January 1st 2020, there will be several changes to the VA loan program. The VA loan is a mortgage loan program that provides many great benefits for veterans and their families. With the passing of the Blue Water Navy Vietnam Veterans Act of 2019, several changes are coming that every veteran considering applying …
The post New VA Loan Changes start on January 1st, 2020 appeared first on The Veterans Home Front.
What is an IRRRL VA refinance loan?
An IRRRL, or Interest Rate Reduction Refinancing Loan, is a quick VA refinance option with fewer qualifications and less paperwork than other refinance loan options. It’s meant to be a quick and non-complicated refinance option for qualified VA homeowners, and there is no appraisal requirement. Read more
VA Funding Fee: A Closer Look
The fee amount depends on the type of veteran, whether you choose to put a down payment, and whether you have used the VA loan benefit before. Some people are exempt from having to pay the fee, and the VA has the last word on who is exempt.
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