VA Refinance Question & Answer

Q

Are you Amerigroup?

Asked by Deven Fredericks from WA - Asked Apr 21 2012, 1:16 AM.

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Q

I am a veteran. I currently have a conventional loan on my home. I want to refinance through a VA loan. I have used my VA benefits before to purchase a manufactured home (since paid off). Can I refinance my conventional loan to a VA refi loan?

Asked by David from FL - Asked Mar 21 2012, 8:33 PM.

Best Answer: Hi David - yes it is a possibility. It will depend on equity position, credit, etc. But the VA does have a program to refinance into a VA loan from a conventional.

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• Dan Stevens says
  at Mar 21 2012, 8:44 PM

  Hi David - yes it is a possibility. It will depend on equity position, credit, etc. But the VA does have a program to refinance into a VA loan from a conventional.

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Q

I just refinanced my home with a va loan with cashout. I have a non-va loan on a mobile home that has a high interest rate I would like to refinance to get a lower interest rate.

Asked by Lester Kush from NE - Asked Feb 23 2012, 8:38 PM.

Best Answer: I'd definitely encourage you to reach out to a VA lender to see if you can improve upon your rate! You can get a personalized quote from someone at varefinance.com by calling or filling out the short form.

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• Dan Stevens says
  at Feb 24 2012, 4:14 PM

  I'd definitely encourage you to reach out to a VA lender to see if you can improve upon your rate! You can get a personalized quote from someone at varefinance.com by calling or filling out the short form.

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Q

What is the current interest rate for the va streamline refinance loan?

Asked by Wendell Bolston - Asked Feb 14 2012, 11:29 AM.

Best Answer: It really depends on the type of loan program you are looking at (30 year fixed, 15 year fixed, etc.) If you'd like a personalized quote please give us a call or fill out the quick inquiry and we'll get back to you right away.

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• Dan Stevens says
  at Feb 24 2012, 4:11 PM

  It really depends on the type of loan program you are looking at (30 year fixed, 15 year fixed, etc.) If you'd like a personalized quote please give us a call or fill out the quick inquiry and we'll get back to you right away.

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Q

hello tell me about what is use of this site...

Asked by Ashish from 16 - Asked Jan 04 2012, 10:08 AM.

Best Answer: Hopefully you can learn about the different options available for refinancing a VA loan.

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• Dan Stevens says
  at Jan 05 2012, 5:19 PM

  Hopefully you can learn about the different options available for refinancing a VA loan.

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Q

Upside down in mortgage.... Is it still possible to refi through va

Asked by Stan L - Asked Oct 05 2011, 5:48 PM.

Best Answer:

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• Chris Robinson says
  at May 07 2012, 4:02 PM

• says
  at Oct 05 2011, 8:27 PM

  If you are already in a VA loan, you have a decent chance still of being able to do a streamline refinance. The VA does not look at the value of the house, although many lenders may consider this. So checking with a couple lenders is a good idea to see if you have a good option. If you do not have a VA loan currently and you are upside down, the VA won't be much help at the present. They will require an appraisal supporting the value of the loan for someone that does not currently have a VA loan.

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Q

I have a manufactured home. I want to refinance for enough to take out the original loan of $106K

Asked by Jerry Golden from OR - Asked Oct 04 2011, 10:15 PM.

Best Answer: The VA allows loans on manufactured homes. However, lenders sometimes do not lend on manufactured homes because of their own preference, and not the VA's. It would be a good idea to ask a few lenders their policy on manufactured homes while you are looking into refianncing.

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• says
  at Oct 05 2011, 8:33 PM

  The VA allows loans on manufactured homes. However, lenders sometimes do not lend on manufactured homes because of their own preference, and not the VA's. It would be a good idea to ask a few lenders their policy on manufactured homes while you are looking into refianncing.

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Q

I want to refinance my existing VA home loan. I have a 2nd fixed mortagage. Do I have to pay off the 2nd? Also, is the VA funding fee fixed and there is no way around it, even if I am refinancing only?

Asked by Vickie Figueroa from WA - Asked May 19 2011, 5:05 PM.

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Q

we have a mobile home and we want to refiance , we have had a bankrupsy over 3 yrs ago.

Asked by John from KY - Asked Apr 22 2011, 4:27 PM.

Best Answer: There will be some lenders that can help with a loan on a manufactured home. Not all are able to do it, however.

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• Dan Stevens says
  at Apr 26 2011, 2:07 PM

  There will be some lenders that can help with a loan on a manufactured home. Not all are able to do it, however.

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Q

My mobile home is paid for. My question is: Can I still borrow to consolidate my bills into one payment for ten months? I draw DIC from my husband. Thank You

Asked by Ada L. Cauley from LA - Asked Apr 17 2011, 6:19 PM.

Best Answer: wondering since I am a vetern, could I get a loan to consoidate my credit card bills. Since I own my home and don't have any mortgage.

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• Jesse Amaya Sr. says
  at Jan 14 2012, 9:09 PM

  wondering since I am a vetern, could I get a loan to consoidate my credit card bills. Since I own my home and don't have any mortgage.

• Dan Stevens says
  at Apr 26 2011, 2:08 PM

  That can be done by some VA lenders, however, some will not be able to lend against a manufactured home due to their own restrictions.

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