If you currently have a VA loan you may be eligible to obtain a VA streamline refinance which requires limited paperwork, no appraisal and minimal fees.
Currently, the maximum VA streamline refinance home loan amount is $417,000. The VA streamline refinance home loan also known as an interest rate reduction loan is a government backed mortgage program for active duty and prior service veterans. A VA streamline refinance home Loan requires no qualifying, no out of pocket expense and no appraisal. If you currently have a VA Loan and simply wish to lower your rate, you may choose a streamline refinance, or IRRL
Refinancing with a VA loan will allow you to take cash out up to 90% of the value of the home.
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Ameristar Mortgage is your local Wisconsin and Illinois Mortgage Broker:
Dennis Hardy
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Toll Free: (877) 240-5840 x23
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