Real estate blog entries tagged with va cash out refinance to 100 percent by Flagship Mortgage Corporation

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Home : Blogs : Jean Blakeley-Cook Mortgage Loan Originator : Jean Blakeley-Cook's Blog : Tag "va cash out refinance to 100 percent"

va cash out refinance to 100 percent: Maximum VA Home Mortgage Limits for Virginia counties - 12/10/08 08:40 AM

The new maximum loan limits for Virginia are available now as a result of recently enacted VA benefits. The previous loan limits on VA loans was $144,000. However, loan limits in all Virginia counties, except the ones listed in the chart below, are now $417,000.
The High Cost counties have maximum loan limits up to $1,094,625. More information on loan limits can be found at:
http://www.homeloans.va.gov/docs/2009_county_loan_limits.pdf

… (1 comments)

va cash out refinance to 100 percent: Maximum VA Home Mortgage Limits for Minnesota counties - 12/10/08 08:28 AM

Maximum VA Home Mortgage Limits for Minnesota counties

The new maximum loan limits for Minnesota are available now as a result of recently enacted VA benefits. The previous loan limits on VA loans was $144,000. However, loan limits in all Minnesota counties, are now $417,000.

More information on loan limits can be found at:

http://www.homeloans.va.gov/docs/2009_county_loan_limits.pdf
… (1 comments)

va cash out refinance to 100 percent: VA Has Increased Maximum Loan-To-Value and Increased Loan Sizes - 12/10/08 04:50 AM

VA Has Increased Maximum Loan-To-Value and Increased Loan Sizes

It's a one, two punch designed to knock out foreclosures! The VA has increased both the maximum Loan-To-Value limits and maximum loan sizes on home mortgages.

First, the maximum Loan-To-Value limit has been raised from 90 percent to 100 percent. That means eligible Veterans and Military Spouses can tap into all of the equity in their home. The VA Funding Fee will go on top of the mortgage so the actual Loan-To-Value will be something more like 102%.

Second, the maximum VA home mortgage limit was increased from $144,000 … (1 comments)

va cash out refinance to 100 percent: VA Cash Out Refinance to 100 Percent - 12/09/08 03:09 PM

The ability to access 100 percent of your home's equity is a new benefit for Veterans. It comes as a result of the Veterans' Benefits Improvement Act of 2008. Previously, a cash out VA refinance mortgage was limited to 90 percent of your home's equity. This mortgage is allowable for Veterans and Military Spouses who are currently in a conventional home loan and wish to access 100% of their home's equity.

Q: Who is eligible for a VA 100 percent Cash Out Refinance?

A: Veterans and Military Spouses who are currently in a conventional or subprime mortgage

Q: … (2 comments)

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