Special offer

VA Loan Update - You can now go to 100% LTV on a cash out refinance!

By
Mortgage and Lending with Wholesale Mortgage Services Individual NMLS ID 331194

Thats right folks. The VA has recently changed it's guidelines to allow a veteran borrower to borrower 100% of their home's value on a cash out refinance loan. This is an increase from the previous maximum of 90%. You gotta love the VA, especially when FHA is decreasing their max ltv to 85% on a cash out.

Richard Ives
Chicago, IL

Thanks for the update Joseph.

Have a wonderful weekend!

Nov 28, 2008 07:49 AM
Joseph Mazzei
Wholesale Mortgage Services - Tampa, FL
Why pay retail you you can get it Wholesale?

thanks richard, you too!

Nov 28, 2008 07:52 AM