I have always been a big fan of VA Loans.  In the Las Vegas area, VA Loans have become extremely popular for many reasons.  First, the VA has not instituted a 5% Soft Market Policy in Distressed markets.  What that means is that it is becoming increasingly more difficult to buy a home with no money down.  Unfortunately, Fannie Mae AND Freddie Mac have put Las Vegas into this category.  

However, with your VA Loan benefit you can still use a purchase a property with NO Down Payment.  This is exciting for the Men and Women that have served our country.

So many people know about buying a home with your VA Benefit BUT most people don't know that they can refinance their home into a VA Loan weather or not their current loan is through the VA.  Some outstanding key options for a VA Refinance are:

• 100% Rate and Term Refinance available if you currently have a Non VA Loan
• 90% Cash Out Refinance Available
• Interest Rate Reduction Refinance Loan (IRRRL) available that will lower the rate of your current VA Loan with very little qualifying

I have been a huge advocate of government loans for Las Vegas properties in recent months.  If you have any questions please feel free to contact me directly.