Did You Know... You might be able to refinance into a VA loan?

va-home EHL Blog 5.18

If you're eligible for a VA-guaranteed mortgage, you might be able to refinance from a conventional mortgage (or an FHA-insured mortgage) into a VA loan.

In many cases, you can refinance for up to 100 percent of the home's current value. This means you can do a cash-out refinance using a VA loan. Funding fees for cash-out VA refinances vary from 2.15 percent to 3.3 percent, and the fee can be added to the loan balance.

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