A 3rd party broker that specializes in mortgages guaranteed by the US government

VA Refinance

VA Home Loan Refinance Types, Qualifications and Information

VA (Refinance) Home Loan Information What is an IRRL Refinance? Click here to learn about the IRRL (Interest Rate Reduction Loan). What is a Cash Out VA Refinance Home Loan? Click here to learn about the Cash Out Refinance VA Home Loan. Who is Eligible for a VA Home Loan Refinance? Click here to learn […]

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How Can I Find Current VA Loan Interest Rates?

VA Home Loan Centers, a third party brokerage authorized to originate mortgages guaranteed by the United States Department of Veteran Affairs (VA Home Loans), was established to assist active duty military members, and veterans attain affordable home ownership. From the loan application through funding, The VA loan process can be tricky. Because the Federal government […]

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What is a Loan to Value (LTV)?

In issuing a loan, lenders take on risk. This is why such stringent underwrtting requirements exist for traiditonal loans.  Lenders want to make money, thus they try to avoid giving loans to individuals who present a greater risk of mortgage default. Because VA home loans are insured by the Department of Veterans Affairs, the lender […]

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Short Sale

A short sale occurs because the seller owes more on their mortgage than the property is worth (current market value). Also known as a sales compromise, a short sale involves the lender and the homeowner agreeing to sell the property in order to avoid a foreclosure. Because the home is sold for less than the amount […]

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Loan Modification Administrative Law Update

VA Home Loan Centers Excerpt From The Federal Register / Vol. 76, No. 244 / Rules and Regulations SUPPLEMENTARY INFORMATION: VA Loans Statutory Background Under 38 U.S.C. chapter 37, VA guarantees loans made by private lenders to veterans for the purchase, construction, and refinancing of homes owned and occupied by veterans. Regulatory Background On February […]

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VA Home Loan Rate Information

Get The Lowest VA Home Loan Interest Rate How Is The VA Home Loan Interest Rate Calculated? Are VA home Loan Rates Regulated By The United States Department of Veteran Affairs? What is APR? Is The VA Home Loan Interest Rate Based On Credit Score? How Does The VA Home Loan Rate Compare With Conventional […]

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Extra Payment Savings VA Home Loan calculator

This calculator will allow you to see how much money you can save by increasing your monthly payment. Many homeowners are not aware of the act that by increasing your payment by a few hundred dollars will actually pay your mortgage off years ahead of schedule. By adding extra to your payment each month, you […]

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VA Home Loan Centers Refinance Savings Calculator

This calculator will help you determine your new monthly VA loan mortgage payment. That payment will be the new payment after your refinance. The mortgage calculator does include property taxes and homeowners insurance. – The amount you will pay for taxes and insurance will vary by the location of the property. Principal and interest payments […]

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Should you refinance before rates rise?

Home refinancing is a great option for people looking to lower their monthly payments, get money for home improvements, consolidate debt from high-interest credit cards, switch from an ARM to a fixed-rate mortgage, or even avoid foreclosure. Have you thought about refinancing your home? Refinancing can save you a lot of money, but you need […]

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Can I state my income on a VA loan?

Yes. However, this is only true with certain VA refinances. All VA purchase home loans will require verification of income. In some cases a verification of employment will accompany the verification of income. Evidence of past income is usually requested in the form of tax returns, W2’s, bank statements, award letter, or other data as […]

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Receiving Cash Back on a VA Home Loan

Can I receive cash back at closing from a VA home loan? This is perhaps the most asked question we receive from first-time homebuyers, and for good reason. At some point or another, most of us need to navigate the waters of financial hardship. Whether this is your first or 10th home, quick cash-in-hand may […]

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