Bought this house in 2007 and my husband wasn't in the military. Now he is - can we refi our loan to a VA loan? by felcityhuff from San Clemente, California. Jun 25th 2013
Yes, but compare the VA funding fee to see if it is worthwhile.
Yes, as long as the borrower is eligible and meet all the requirements for a VA loan.
You would have to pull your husbands VA eligiblity form to verify. This can be found on the va.gov under Veteran Services. But yes you can. It would be considered a standard refinance from convential to VA. Hope this helps.
As noted - the funding fee would be something to seriously consider - however, it may not be that out of line compared to mortgage insurance you may have to pay on other refinancing, and it can be added to the loan balance. For solid answers to your specific situation please contact my associated office in San Diego at 855-757-8797.
yes you can as long as the eligibility is not an issue. be sure to consider all your options to ensure that it is the best option for you. Good Luck!
Yes you can! As long as you are eligible for the VA product.
Yes if you meet VA requirements.
Yes, you can refinance from a conventional loan to a VA loan if you husband meets all VA requirements. Our office is located in San Diego and we have helped thousands of veterans and active service members refinance through California. Feel free to give our office a call at 858-605-0952 to see if you meet VA eligibility requirements.
Yes, you can refinance from a conventional to a VA as long as he meets eligibility requirements. We are located in San Diego and I would be happy to discuss the details. Please don't hesitate to call me at your convenience. I'll be happy to answer your questions and make this as easy as possible for you and your family. Thank you. Office Direct: 858-634-1208 or Mobile: 858-344-5998
Yes - make sure and look at the VA funding fee. If the concern is the loan-to-value of the home, you may want to compare a HARP or lender-paid mortgage insurance. you may have already done that but it may be worth it to compare the options.
Yes you can. As has already been stated, however you will need to look at the differences in costs for different loan programs. My advice is to call a local mortgage banker to go over your specific situation and discuss what would be the best option for you.
yes you can as long as the eligibility is not an issue. be sure to consider all your options to ensure that it is the best option for you. Good Luck!
yes you can as long as the eligibility is not an issue. be sure to consider all your options to ensure that it is the best option
yes you can as long as the eligibility is not an issue. be sure to consider all your options to ensure that it is the best option
Possibly. Your husband needs to make sure that he actually has earned VA eligibility. He would need to confirm his loan eligibility status with the Veterans Administration. Assuming he does have eligibility, then you need a mortgage professional to perform the net benefit calculations to compare what you currently have to a new similar loan (Conventional to conventional or FHA to FHA, FHA to Conventional) and then what you have to a new VA loan. Unless your husband is exempt, there is a funding fee that will be assessed against hem that will be added to the new loan balance. You want to make sure that mathematically the new loan is a better option than what you have right now or one of the other options. I am licensed in California and would be happy to do the calculations for you. Just give me a call. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950.
Possibly. Your husband needs to make sure that he actually has earned VA eligibility. He would need to confirm his loan eligibility status with the Veterans Administration. Assuming he does have eligibility, then you need a mortgage professional to perform the net benefit calculations to compare what you currently have to a new similar loan (Conventional to conventional or FHA to FHA, FHA to Conventional) and then what you have to a new VA loan. Unless your husband is exempt, there is a funding fee that will be assessed against hem that will be added to the new loan balance. You want to make sure that mathematically the new loan is a better option than what you have right now or one of the other options. I am licensed in California and would be happy to do the calculations for you. Just give me a call. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950.
Yes you can. Seek out a local Certified Military Housing Specialist to guide you through the various VA disclosures and forms accordingly.
As long as you have VA eligibility you can refinance from any loan into a VA loan....it would be considered a cash-out loan and WestStar offers cash-out refinances up to 100% of the appraised value of the property! Call me today and I can get started on your application and provide figures for your consideration.
hi there:may I ask what the loan to value is ( amount owed vs estimated value). Are you trying to do a cash out refinance or just a rate/term to lower your monthly payment? With a VA loan, funding fee might be a weighing factor to compare etc. My suggestion is to compare your current conventional loan to the subject VA loan you are interested in seeking. Please advise on how we may earn your business. Service is our commitment. Mike (703 505 5300) NMLS #754875 (LENDING NATIONWIDE FEDERALLY CHARTERED BANK)
Yes you can, but have your lender provide you with a comparison to a new conventional loan to be sure it is the best option for you.
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