Louisville Kentucky VA Refinance Loans

Louisville Kentucky VA Refinance Loans

 
VA Refinancing for Kentucky VA Mortgages
 
Can the VA Loan help me lower my monthly bills?
 
The VA has two major refinance programs. One, the Interest Rate Reduction Refinance Loan, better known as a VA Streamline, helps homeowners get into a lower-rate mortgage to reduce their monthly payment. VA Streamlines come with minimal hassle and paperwork. The VA does not require appraisals or credit checks on Streamlines, but some lenders have recently made them mandatory. We are still able to process some Streamlines without an appraisal, which is a tremendous benefit given the decline in home values across the country. Homeowners have to pay closing costs on a VA Streamline. But these can be rolled into the overall loan amount, along with up to $6,000 in energy efficiency improvements.
 
Can I refinance my home if I don’t currently have a Kentucky VA Loan?
 
Kentucky Veterans and active duty homeowners who qualify can refinance into a KEntucky VA loan using the program’s cash-out refinance program. The process for obtaining a Cash-Out Refinance is similar to the process borrowers go through for a VA purchase loan, from the income verification and debt-to-income ratio to a home appraisal. Qualified homeowners with conventional or FHA mortgages do not have to take out cash when they refinance into a VA loan. But they are ineligible for the simpler VA Streamline program.

502-905-3708 or click on link to apply for your free VA refinance loan in Ky. Same day loan approval

 
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5 Comments
by Louisville Kentucky Mortgage on January 7, 2012  •  Permalink
Posted in Streamline Refinance IRRRL, VA mortgage refinancing
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Posted by Louisville Kentucky Mortgage on January 7, 2012

http://kentuckyvaloan.com/2012/01/07/louisville-kentucky-va-refinance-loans/

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5 Comments

  1. Kentucky VA Loan Refinance and Purchase Guidelines « Louisville Kentucky Mortgage Loans
  2. Louisville Ky FHA Mortgage Loans « Kentucky First Time Home Buyer Mortgage Loan
  3. Benefits of VA Streamline Refinance Mortgage Loan
  4. 2012 VA Loan Limits for Kentucky Counties « Kentucky VA Mortgage Home Lender
  5. Section 502 USDA Guaranteed Loan Program Rural Refinance Pilot Guidelines for Kentucky Mortgages | Kentucky USDA/RHS Mortgage Loans

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  • I am a Army Veteran and I understand the benefits first hand from a VA Home Loan. I have used by VA eligibilty to purchase two homes in the past. I hope you find this website informative and helpful in your search for a VA Home loan. I am a licensed Mortgage loan officer (NMLS #57916) in the State of Kentucky that can help you on your next VA home loan. I offer same day approvals and free credit reports and really low rates and closing costs. I have over 13 years experience with Kentucky VA loans and closed over 200 VA loans in my career. Put my VA Home loan experinece to work for you.

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  • This website is not an Government Agency, and does not officially represent the HUD, VA, USDA or FHA Key Financial Mortgage of KY is a licensed mortgage broker in the state of Kentucky (NMLS#1800). Key Financial Mortgage of KY is not a part of, nor are we affiliated with, the VA, FHA/HUD, USDA. These entities are a government agencies, not a lender. These Government agencies simply insure the mortgages; they do not loan the money. Joel Lobb (NMLS#57916) is a licensed loan officer in the state of Kentucky.

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    Joel Lobb is a Licensed Mortgage Originator: NMLS #57916. Key Financial Mortgage NMLS # 1800 is a licensed Mortgage Broker Company in the State of Kentucky

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