VA loans are one of my favorites! I am proud to work with our Nation’s heroes, the men and women of our military and their families. VA loans allow Veterans, Active Duty and Spouses who qualify to purchase a new home without a down payment or mortgage insurance.
Another added benefit for VA borrowers is the ability to refinance at a lower rate WITHOUT obtaining an appraisal and limited documentation. This is called an Interest Rate Reduction Refinance Loan (IRRRL). Some seasoning restrictions, or how long youve had your current loan, may apply.
Borrowers still have to credit qualify with a lender and the loan limits are based on published guidelines which can be found here.
VA loan processing can be sped up by requesting some your required VA documents ahead of time. Please call (323) 646-8367 with any questions!