va refinance: VA Mortgages : If you have VA Benefits, you might as well use them
- 07/07/12 10:02 PM
Whether buying a home or refinancing your current home, if you are a Veteran and are entitled to VA Benefits, you may want to consider the Pennsylvania VA Mortgage program. One of the main benefits of the VA Mortgage program is that there is No Mortgage Insurance requirement no matter how little equity there is in the property. VA Mortgages offer 100% financing for both purchases and refinances. Due to pressures created by mortgage defaults over the last several years, mortgage insurance premiums have increased drastically for FHA loans. Mortgage Insurance continues to be required for Conventional mortgages with less than 20% … (1 comments)
va refinance: VA Refinance Options in Pennsylvania
- 11/03/11 12:22 AM
VA Refinances in Pennsylvania and the rest of the nation have a few basic rules depending on the refinance goals of the Veteran. The VA classifies refinances in two different ways. If the Veteran is paying off their current VA mortgage and nothing else, their best option is the VA IRRRL program. Any other type of VA refinance is classified by the VA as a cashout refinance and subject to the VA Cashout guidelines listed below.
Let's start by breaking down the differences in VA Refinance options...
VA Interest Rate Reduction Refinance Loans, also known as the … (1 comments)
Whether buying a home or refinancing your current home, if you are a Veteran and are entitled to VA Benefits, you may want to consider the Pennsylvania VA Mortgage program. 
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